Updated almost 2 years ago on . Most recent reply
Hotel to Multifamily Conversion
My name is Ryan with Marquee Lodging Advisors. We specialize in hospitality brokerage in the South/Southwest. Over the past year we have had groups reach out to us looking to convert older run down hotels into multifamily properties. We are in the process of selling two hotels which are going to be converted into multifamily. As you may know, the hospitality business has been down the past year due to Covid and the demand for multifamily has risen. If you would like to learn more about these types of projects feel free to reach out to discuss more.