Quality Inn & Suites, Sault Ste. Marie ON
ID: PHD0010
Portfolio Transaction (Two-Hotel Offering in a Key Market) — closed 2024
Acted as broker in the successful sale of the Quality Inn & Suites in Sault Ste. Marie, Ontario, as part of a two-hotel portfolio in a key regional market. The engagement included originating the transaction, facilitating buyer introductions, and guiding the process through comprehensive due diligence. Responsibilities also encompassed coordination of legal, financial, and technical consultants to ensure a smooth execution.
Both assets were successfully acquired by an institutional hotel group, with the transaction closing in 2024, marking a strategic portfolio acquisition in the market.