MCR has acquired the Courtyard Dallas Grand Prairie, a four-story, select-service hotel with 120 rooms in Grand Prairie, TX. The hotel was purchased with acquisition financing from American Momentum Bank in place, at a rate of SOFR plus 260 basis points and a 65% loan to value.

Opened in 2021, the hotel is located 20 minutes south of the Dallas Fort Worth International Airport. This hotel is the MCR’s eighth hotel in Dallas and its 39th hotel in Texas.

Across the street from the hotel is Epic Waters Indoor Waterpark. Also nearby is Chicken N Pickle—an entertainment complex with pickleball, food and drinks, as well as numerous other restaurants.

The Courtyard Dallas Grand Prairie is located at 2850 South State Hwy 161 and features:

• 120 rooms and suites
• The Bistro (full-service restaurant and bar)
• Grab-and-go market offering snacks and beverages
• Outdoor pool, putting green, patio bar and firepit
• Fitness center
• 24-hour business center
• 2,000 sq. ft. of meeting space