Avantgarde Hospitality Acquires The Ivy Boutique Hotel in Chicago, Illinois

broughtonHOTELS | February 11, 2019

Chicago, Ill. (February 11, 2019) – Avantgarde Hospitality LLC, a privately held hospitality investment firm, announced today the acquisition of the stylish Ivy Boutique Hotel, 233 E. Ontario Street in Chicago, Illinois, establishing its presence in the downtown area. The Ivy Boutique Hotel joins a roster of 4 Chicago hotels currently owned by the sponsors, broughtonHOTELS, who has been operating the property for the past year and introduced the Seller to Avantgarde. This brings the collaboration to 4 projects with broughtonHOTELS mid-west regional office based in Chicago. In an effort to provide enhanced quality products to the C...