MCR Acquires the DoubleTree by Hilton Hotel in Downtown Tallahassee

MCR | July 5, 2022

NEW YORK--Front and center! MCR — the country’s 4th-largest hotel owner-operator — has acquired the DoubleTree by Hilton Hotel Tallahassee, a 17-story, 242-room hotel in Florida’s state capital. The hotel was purchased as a real estate-owned asset from a special servicer and is the company’s seventh hotel in The Sunshine State. Selected as Florida’s state capital due to its ideal location between Pensacola to the west and Jacksonville to the east, Tallahassee — lovingly known as “Tally” to locals — is a hub for politics, sports and education. In the heart of downtown just two blocks from the State Capitol, the DoubleT...