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Atlanta & Southeast  + Southeast  + Hospitality  |  August 26, 2019
David Cohen
By: David Cohen

Hunter Hotel Advisors Negotiates Sale of Courtyard by Marriott in Chapel Hill

Investment advisory firm Hunter Hotel Advisors arranged the sale of the Courtyard by Marriott in Chapel Hill, NC. The sales price was not disclosed. Hunter Hotel Advisors represented the institutional seller in the transaction. The buyer was Atma Hotel Group Inc, a vertically-integrated firm that now has six properties in the Chapel Hill market.

Located at 100 Marriott Way, the 132-room, five-story hotel features 27,163 square feet of meeting space as well as a fitness center, indoor pool and whirlpool.

“The Courtyard by Marriott Chapel Hill takes advantage of its location in this thriving university town, home to one of the nation’s top universities,” said Mayank Patel, senior vice president of Hunter Hotel Advisors.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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