RECENT TRANSACTIONS                                 


HOLIDAY INN EXPRESS & SUITES DFW Airport North -  Irving, TX
   Rooms:     163                      
 Opened:    1989 
MJ Rome represented a private investment group in the sale of this upper mid-scale hotel. The property will  receive extensive renovations to retain its existing flag. With an excellent location adjacent to DFW  International Airport, and a top brand, the seller was able to transact at an all-in cap rate below 8%.



HYATT PLACE DALLAS/LAS COLINAS -  Irving, TX
   Rooms:     122                      
 Opened:    1998 
MJ Rome represented public REIT Summit Hotel Properties in the sale of this premium-branded, select-service  hotel. The hotel is situated in the renowned master-planned community of Las Colinas, proximate to several  Fortune 500 companies, over 22 million square feet of office space, and the 275,000 square-foot Irving  Convention Center at Las Colinas. MJ Rome was able to achieve pricing that exceeded 12 times the property's  T-12 EBITDA. 
 

HOLIDAY INN EXPRESS & SUITES LAS COLINAS -  Irving, TX
   Rooms:     128                      
 Opened:    1997 
MJ Rome represented public REIT Summit Hotel Properties in the sale of this upper-midscale hotel. The property  will undergo a  significant renovation to retain its IHG flag. This hotel is well-situated  adjacent to  the  Irving  Convention Center and is surrounded by world-class corporate and leisure demand. MJ  Rome  was able to  structure the transaction at an all-in cap rate below 8%.



SLEEP INN - Concord, NC 
   Rooms:        82                      
 Opened:    1998 
MJ Rome represented a private investor in the marketing of this limited-service hotel. The Sleep Inn  represents  an outstanding investment opportunity due to its excellent physical condition, location  adjacent to heavily-  traveled I-85, and its proximity to the City of Charlotte, Charlotte Motor Speedway  and Concord Mills shopping  center.



ADMIRAL HOTEL - Arlington, TX                
   Rooms:     237                      
 Opened:    1983 
MJ Rome represented an institutional seller, an affiliate of NorthStar Realty Finance Corp.,  in the sale of  this  full-service hotel. The Admiral Hotel is situated  near  diverse demand generators in the heart of the  DFW  Metroplex. The value-add asset has been repositioned  as a  DoubleTree by Hilton, a  premier national flag,  after undergoing a major renovation.


COUNTRY HEARTH INN & SUITES - Sweetwater, TX                
      Rooms:        44                                         
    Opened:    1998                                                                                             
                                         MJ Rome represented an individual seller in marketing this limited service hotel. Multiple offers                                             were received for this property located along I-20 in the heart of the booming shale gas                                                       exploration. The Hotel sold for more than 3.5x Room Revenue.
            
AMERICINN LODGE & SUITES - Garden City, KS
      Rooms:        72                        
    Opened:    2002 
 MJ Rome represented a private investor in the sale of this limited service hotel. The property will   undergo modest upgrades to a well-maintained and well-built structure.


HOWARD JOHNSON - Austin, TX                
      Rooms:      188                      
    Opened:    1974 .
MJ Rome represented a private investor in the sale of this full-service hotel situated in one of Texas' premier lodging markets. The value-add property sold for more than 3.0x Room Revenue. The current owner plans a significant renovation for the hotel.



HOLIDAY INN - Richardson, TX                
    Rooms:      220                    
  Opened:    1981.
MJ Rome advised a private investor in the sale of this full-service hotel located in the fast- growing Richardson submarket of the DFW Metroplex The property is expected to undergo substantial renovations to retain its upper midscale franchise affiliation.



              Additional Properties Sold
     Beaver Creek Lodge – Vail, CO
     Holiday Inn – Beaumont, TX 
        Best Western – Franklin, TN
     Holiday Inn – Memphis, TN  
        Best Western – Tampa, FL
     Holiday Inn – Midland, TX
        Clarion Hotel – Irving, TX
     Holiday Inn – Odessa, TX
        Clarion Hotel – Jackson, TN
     Holiday Inn – Plano, TX
        Comfort Inn – El Paso, TX
     Holiday Inn – Texarkana, AR
        Comfort Inn – Jackson, TN
     Holiday Inn – Waco, TX
        Comfort Inn – Sweetwater, TX
     Holiday Inn Express – Addison, TX
        Crowne Plaza – Addison, TX
     Holiday Inn Express – Odessa, TX
        Doubletree Hotel – Boise, ID
     Homewood Suites – Memphis, TN
        Embassy Suites – Orlando, FL
     Hotel Lawrence – Dallas, TX
        Embassy Suites - Brunswick, GA
     Hyatt Regency – Austin, TX
        Embassy Suites - Dallas, TX
     La Quinta – Altamonte Springs, FL
        Embassy Suites – Memphis, TN
     La Quinta Inns (5) – Dallas, Euless, Ft Worth, Houston, TX
        Embassy Suites - Troy, MI
     Omni Ambassador East – Chicago, IL
        Embassy Suites - Tulsa, OK
     Quality Inn – St. George, S.C.
        Fairfield Inn – Farmers Branch, TX
     Quality Inn – Walterboro, S.C.
        Hampton Inn – Dallas, TX
     Radisson – Irving, TX
        Harvey Hotel – Irving, TX
     Radisson – Memphis, TN
        Harvey Suites – Irving, TX
     Ramada Limited – Abilene, TX
        Hilton DFW Lakes – Grapevine, TX
     Sheraton Hotel – Dallas, TX
        Hilton Garden Inn – San Antonio, TX
     Sheraton Premiere – Tysons Corner, VA
        Hilton Hotel – College Station, TX
     Sheraton Suites - Lexington, KY
        Hilton Inn – Southfield, MI
     Sleep Inn - Houston, TX
        Hilton Suites – Lexington, KY
     Springhill Suites – Addison, TX
        Holiday Inn – Amarillo, TX
     Wyndham – Dallas, TX


For Confidentiality Agreement and detailed information E-mail Mark Rome  
mark@mjromeinc.com   or    call 214.599.8315