JV opportunity to acquire a ~$138M recently developed world-class hotel alongside a top-tier sponsor, located at the epicenter of a multi-billion mixed-use development. The Hotel is situated in a booming North Dallas suburb and is surrounded by leading leisure and corporate demand generators with 784K square feet of high-end retail and office space including numerous Fortune 500 companies, and over 1,300 residential units.

The hotel sits on a ~3.5-acre fee simple site comprising of ~300 distinctly upscale guest rooms and represents a rare opportunity to acquire a new-vintage, institutional-quality, 15-story tower a highly desirable Northern Dallas submarket. Features include modern finishes, floor-to-ceiling windows, multiple upscale F&B outlets, pool & bar, and ~35K square feet of event space. Since the hotel’s delivery in 2017, it has consistently outperformed its competitive set in both occupancy and ADR boasting a RevPAR index greater than 120% since 2018. The Hotel is being offered encumbered of brand and management, with an option to convert to a franchise in 2027, which provides an investor future optionality with attractive assumable financing for the benefit of the next owner.