Wayside Investment Group to Acquire Two Extended Stay America Suites Properties in Dallas

July 18, 2023

Wayside Investment Group has reached agreement to purchase two Extended Stay America Suites properties in Dallas – the 118-unit hotel on Frankford Road and the 150-unit hotel on Carnaby Street in Irving, which is strategically located one mile from the Irving Convention Center and seven miles from DFW International Airport. The transaction is expected to close by the end of July. “These acquisitions offer our company two exceptional opportunities to become an active part of the robust and growing hotel market in Dallas,” said Miraj Patel, President of Houston-based Wayside Investment Group. “We are very enthusiastic about once agai...