MCR Press Releases
Read up on our latest acquisitions, sales and awards
TAR HEEL TRIUMPH!
September 13, 2023
MCR ACQUIRES THE CANOPY BY HILTON CHARLOTTE SOUTHPARK
Acquisition News
August 25, 2023
MCR/MORSE DEVELOPMENT WILL REOPEN THE ICONIC GRAMERCY PARK HOTEL
MCR Arrives (Again) in the...
December 20, 2022
GRAB YOUR SPF! MCR ACQUIRES THE HYATT PLACE MIAMI AIRPORT EAST
CHOO CHOO, This Train Has...
December 1, 2022
MCR ACQUIRES THE STAYBRIDGE SUITES CHATTANOOGA DOWNTOWN
The Fast & the Furious...
November 10, 2022
MCR ACQUIRES THE HOMEWOOD SUITES BY HILTON KANSAS CITY SPEEDWAY
Stop and Smell the Roses!
November 3, 2022
MCR OPENS THE NEWLY RENOVATED PASADENA HOTEL & POOL
MCR Closes on $420 Million...
July 15, 2022
MCR CLOSES ON $420 MILLION REFINANCING OF 30-HOTEL PORTFOLIO
Tally Up Another One!
July 5, 2022
MCR ACQUIRES THE DOUBLETREE BY HILTON HOTEL IN DOWNTOWN TALLAHASSEE
MCR Invests $2 Billion in...
June 6, 2022
MCR CONCLUDES A RECORD-BREAKING 24 MONTHS WITH $2 BILLION OF REAL ESTATE INVESTMENTS
Visit the Gateway to Times...
April 20, 2022
MCR AND ISLAND CAPITAL GROUP ACQUIRE THE SHERATON NEW YORK TIMES SQUARE
Stay a Little Longer!
March 9, 2022
MCR ACQUIRES THE HOMEWOOD SUITES BY HILTON IN DOWNTOWN LITTLE ROCK
Houston, We Have a Hotel!
February 2, 2022
MCR ACQUIRES THE ALOFT BY MARRIOTT IN DOWNTOWN HOUSTON
Ski Season's Greetings!
December 30, 2021
MCR ACQUIRES STOWEFLAKE MOUNTAIN RESORT & SPA IN STOWE, VERMONT
Crack Open the Six-Pack!
December 21, 2021
MCR ACQUIRES A PORTFOLIO OF 6 MARRIOTT AND HILTON HOTELS ACROSS TEXAS AND NEW MEXICO
Bullseye!
December 16, 2021
MCR ACQUIRES THE DOUBLETREE SUITES MINNEAPOLIS STEPS FROM TARGET’S GLOBAL HEADQUARTERS
MCR Acquires Optii
December 7, 2021
MCR ACQUIRES CLOUD-BASED HOTEL MANAGEMENT PLATFORM OPTII
What a Catch!
October 29, 2021
MCR PURCHASES THE LAKESIDE RESIDENCE INN BY MARRIOTT SEATTLE SEA-TAC AIRPORT
Triple Threat!
October 5, 2021
THREE MCR HOTELS WIN CONDÉ NAST TRAVELER 2021 READERS’ CHOICE AWARDS
Welcome to Big Sky Country!
September 9, 2021
MCR PURCHASES THE HILTON GARDEN INN MISSOULA IN THE HEART OF MONTANA
Big Time in the Big...
August 13, 2021
MCR PURCHASES THE DOUBLETREE MINNEAPOLIS UNIVERSITY AREA AND CONVERTS IT TO A HILTON GARDEN INN
Making History!
July 20, 2021
MCR PURCHASES THE LEXINGTON HOTEL, AUTOGRAPH COLLECTION BY MARRIOTT, IN NEW YORK CITY FOR $185 MILLION
We'll Take Five!
July 13, 2021
MCR PURCHASES A HANDFUL OF MARRIOTT AND HILTON HOTELS FOR $94 MILLION
Hello, Hennepin Avenue!
June 28, 2021
MCR PURCHASES AND OPENS THE CHAMBERS HOTEL IN DOWNTOWN MINNEAPOLIS NEAR THE TARGET CENTER AND TARGET FIELD
Sparks are Flying!
June 18, 2021
MCR PURCHASES THE HOME2 SUITES BY HILTON EVANSVILLE JUST IN TIME FOR THE FOURTH OF JULY
A Fair and Square Win!
June 11, 2021
MCR PURCHASES THE HILTON GARDEN INN LOUISVILLE MALL OF ST. MATTHEWS IN DERBY CITY
Joining the Jet Set!
May 19, 2021
MCR PURCHASES THE HILTON GARDEN INN BEAUFORT IN SOUTH CAROLINA’S MARINE CORPS COUNTRY
California Dreamin'
May 10, 2021
MCR ACQUIRES THE STAYBRIDGE SUITES CATHEDRAL CITY PALM SPRINGS AT FORECLOSURE AUCTION
Touchdown!
May 5, 2021
MCR PURCHASES THE HOMEWOOD SUITES BY HILTON DALLAS/ALLEN IN THE FOOTBALL CAPITAL OF TEXAS
Just For The Fun of...
March 31, 2021
MCR PURCHASES THE SPRINGHILL SUITES BY MARRIOTT CHARLOTTE-SOUTHWEST NEAR CAROWINDS AMUSEMENT PARK
Off to the Races!
March 23, 2021
MCR PURCHASES A DUAL-BRANDED TRU AND HOME2 SUITES BY HILTON NEAR THE NASHVILLE SUPERSPEEDWAY
At the Fore Front
March 16, 2021
MCR SCORES THE INN OF NAPLES IN THE GOLF CAPITAL OF THE WORLD
Powder to the People
March 11, 2021
MCR CONQUERS THE BEAST OF THE EAST, ACQUIRING THE KILLINGTON MOUNTAIN LODGE
Acquisition News
August 31, 2020
MCR WILL ACQUIRE CLOUD-BASED HOTEL PMS SOFTWARE COMPANY STAYNTOUCH
Calling All Cheeseheads
January 9, 2020
MCR ACQUIRES A MARRIOTT SPRINGHILL SUITES MINUTES FROM THE GREEN BAY PACKERS’ STADIUM
Oh Fudge Yeah!
December 16, 2019
MCR NABS A “MAJOR AWARD”: THE HILTON GARDEN INN NEAR A CHRISTMAS STORY’S HOUSE
Crossed This One Off Our...
December 3, 2019
MCR ACQUIRES THE HAMPTON INN KING OF PRUSSIA, STEPS FROM THE EAST COAST’S LARGEST MALL
The Heat Is On!
June 26, 2019
MCR ACQUIRES THE RESIDENCE INN BY MARRIOTT ALBUQUERQUE AIRPORT
Start Your Engines!
May 7, 2019
MCR ACQUIRES TWO HOTELS IN INDIANAPOLIS, THE RACING CAPITAL OF THE WORLD
Red, White & New
February 11, 2019
MCR Acquires the Recently-Opened Hampton Inn & Suites Near Chicago
Partnership News
January 09, 2019
MCR receives Marriott’s highest honor for hospitality excellence, the Partnership Circle Award
Sale News
January 03, 2019
MCR Sells the Hampton Inn & Suites St. Augustine-Vilano Beach and generates a 35% IRR and a 3.7X equity multiple on its 2012 investment
Catch of the Day
December 21, 2018
MCR Acquires the Homewood Suites by Hilton Near Baltimore
Go Army!
December 07, 2018
MCR Acquires the Residence Inn by Marriott Near the United States Army War College
Sunny Days Are Here
December 03, 2018
MCR Acquires the Residence Inn by Marriott Near Sesame Place
Loan News
November 13, 2018
MCR and BLT Close $647.5 Million Portfolio Financing For 53 Hotels
Dear Jeff . . .
November 05, 2018
MCR offers Amazon CEO Jeff Bezos a free double room at the Courtyard by Marriott Dulles Airport Herndon
The Total Package
September 19, 2018
MCR Opens a Courtyard by Marriott at Amazon.com’s Future East Coast Home
Sale News
September 10, 2018
MCR Sells Downtown St. Louis Hilton and generates a 44% IRR on its 2016 investment
Geniuses Unite
August 22, 2018
MCR Acquires the Hampton Inn & Suites New Haven-South-West Haven
Small state, big doings
July 20, 2018
MCR Acquires Hilton Garden Inn at Rhode Island’s Outstanding International Airport
Investment News
June 01, 2018
MCR Hospitality Fund LP has acquired 11 hotels representing $160 million in transaction volume
All-Star Lineup
May 29, 2018
MCR acquires three Hilton-branded hotels at the University of Illinois
Midwestern Hospitality
April 26, 2018
MCR Acquires Courtyard by Marriott in Downtown Milwaukee
Virginia Venture
April 18, 2018
MCR Purchases SpringHill Suites by Marriott near Richmond, Virginia
Fresh Interiors
February 13, 2018
MCR Completes Renovation of the Hampton Inn by Hilton in Charlotte
New Look
January 30, 2018
MCR Announces Renovation of the Courtyard by Marriott in Abilene, Texas
Hot (Mount) Prospect
October 17, 2017
MCR Purchases Hampton Inn & Suites by Hilton in Chicago Suburb
Sale News
October 12, 2017
MCR Sells Courtyard by Marriott Jacksonville Orange Park for $16.55 million
Property Makeover
May 16, 2017
MCR Completes Renovation of the Hampton Inn Just off I-95 North in Savannah, Georgia
Cool Comforts
April 18, 2017
MCR Completes Renovation of Courtyard by Marriott in the Heart of Louisiana
Fresh Interiors
April 11, 2017
MCR Completes Renovation of Hampton Inn by Hilton in Troy, Alabama
New Look
April 04, 2017
MCR Completes Renovation of Hampton Inn & Suites by Hilton in Southeast Colorado
Outside Story
March 28, 2017
MCR Completes Renovation of Hampton Inn by Hilton in Charlotte, NC
Design Update
March 21, 2017
MCR Completes Renovation of Hampton Inn by Hilton on the I-95 Corridor in North Carolina
Hotel Refresh
March 14, 2017
MCR Completes Exterior Renovation at Hampton Inn & Suites by Hilton in Tulsa, Oklahoma
Property Makeover
March 07, 2017
MCR Completes Renovation of Hampton Inn by Hilton in Toledo, Ohio
Cool Comforts
February 14, 2017
MCR Completes Renovation of TownePlace Suites by Marriott in Jacksonville, North Carolina
Fresh Interiors
February 07, 2017
MCR Completes Renovation of TownePlace Suites by Marriott in Tucson, Arizona
New Look
January 31, 2017
MCR Completes Renovation of Courtyard by Marriott in Downtown Norfolk, Virginia
Design Update
November 09, 2016
MCR Completes Renovation of Residence Inn by Marriott in Baltimore
Hotel Refresh
October 04, 2016
MCR Completes Renovation of SpringHill Suites by Marriott in Long Island
Modern Makeover
September 08, 2016
MCR Completes Renovation of Homewood Suites by Hilton in Cincinnati
Cool Comforts
September 01, 2016
MCR Completes Renovation of Hampton Inn by Hilton in Western Kentucky
Fresh Interiors
August 23, 2016
MCR Completes Renovation of Courtyard by Marriott Brownsville in South Texas
New Look
August 16, 2016
MCR Completes Renovation of the TownePlace Suites by Marriott Arundel Mills BWI Airport
Enhanced Experience
August 10, 2016
MCR Completes Renovation of Hampton Inn by Hilton in Southeast Alabama
Refreshed Design
August 04, 2016
MCR Completes Renovation of Hilton Garden Inn in Northeast Louisiana
Upgraded & Updated
August 03, 2016
MCR Completes Renovation of Courtyard by Marriott Jackson in West Tennessee
Cool Comforts
July 29, 2016
MCR Completes Renovation of Fairfield Inn & Suites by Marriott in Houston
Fresh Interiors
July 25, 2016
MCR Completes Renovation of Fairfield Inn & Suites by Marriott in Northwest Arkansas
Stylish Makeover
February 04, 2016
MCR Completes Renovation of the Residence Inn by Marriott in Midland, Texas
Design Update
January 26, 2016
MCR Completes Renovation of Hampton Inn by Hilton in Toledo, Ohio
Trendy Refresh
January 12, 2016
MCR Completes Renovation of Hilton Homewood Suites in Yuma, Arizona
More For Meetings
January 05, 2016
MCR Completes Renovation of Hilton Garden Inn Richmond, Virginia
Upgraded & Updated
December 03, 2015
MCR Completes Renovation of a Hilton Hotel in Coastal Virginia
Twice As Nice
November 19, 2015
MCR Completes Renovations of Two Hilton Hotels in Phoenix, Arizona
Bigger and Better
October 13, 2015
MCR Unveils Renovation and Expansion of the Hilton Garden Inn Columbus/Dublin
Modern Makeover
April 27, 2015
MCR Completes Renovation of the TownePlace Suites by Marriott Arundel Mills BWI Airport
Fresh Interiors
April 01, 2015
MCR Completes Renovation of the TownePlace Suites by Marriott Houston The Woodlands
Upgraded & Updated
March 17, 2015
MCR Completes Interior Renovation at the Residence Inn by Marriott Mt. Laurel at Bishop’s Gate
Mega Deal
March 09, 2015
MCR Acquires National Marriott and Hilton Hotel Portfolio for $206 Million
Enhanced Experience
March 03, 2015
MCR Completes Renovation of the TownePlace Suites by Marriott Houston Intercontinental Airport
Welcome Changes
February 26, 2015
MCR Completes Lobby and Suite Renovations at The Residence Inn by Marriott Atlantic City Airport
Modern Makeover
February 19, 2015
MCR Completes Renovation of the TownePlace Suites by Marriott Houston Intercontinental Airport
Fresh New Looks
February 10, 2015
MCR Transforms Four Texas Hotels Through Strategic Renovations
Design Update
February 10, 2015
MCR Completes Value-Enhancing Cosmetic Improvements at SpringHill Suites in Tempe, Arizona
Major Makeover
November 14, 2014
MCR Completes Comprehensive Overhaul of the Fairfield Inn & Suites by Marriott Austin Northwest
New Look
November 5, 2014
MCR Completes Renovation at SpringHill Suites Arundel Mills BWI Airport
Stay With Us
October 30, 2014
MCR Development Prepares to Open the 118-suite TownePlace Suites by Marriott Next Week in Seguin, TX
Fresh Interiors
October 30, 2014
MCR Completes Renovation at Hampton Inn & Suites St. Augustine-Vilano Beach
Major Makeover
September 24, 2014
MCR Completes Comprehensive Renovation of the Courtyard Corpus Christi
Innsbrook Hilton Garden Inn sold...
September 23, 2014
September 23, 2014
The Hilton Garden Inn on Cox Road sold earlier this month for $20 million, Henrico County property records show.
