The Plasencia Group Closes Sale of the Embassy Suites Chicago – Schaumburg/Woodfield Hotel

The Plasencia Group | July 2, 2015

Tampa, Fla. (July 2, 2015) - The Plasencia Group is pleased to announce the sale of the Embassy Suites Chicago - Schaumburg/Woodfield hotel, located in Schaumburg, Illinois. The firm represented Burrus Investment Group, the owner of the 209-suite hotel. Hotel Capital, LLC, an Indiana-based real estate investment firm, acquired the property. "Both the seller and buyer benefited from this outstanding transaction. Our client was able to further their corporate strategy of exiting non-strategic assets, and the purchaser was able to acquire the only full-service all-suites hotel in the Schaumburg market. The hotel has shown consistent profit...