Banyan Investment Group Completes Acquisition of Three-Hotel Portfolio in Madison, Wisconsin

Banyan Investment Group | July 24, 2019

MADISON, Wis., July 24, 2019--Banyan Investment Group, an Inc. 5000 recognized hotel investment and management company that acquires and manages select-service hotels in the United States, today announced that it completed the acquisition of a three-hotel portfolio of Marriott- and Hilton-branded hotels located in Madison, Wis., for approximately $50 million. Additionally, the company announced that it will operate the portfolio, comprised of the 127-Room Courtyard by Marriott Madison East, 130-Room Fairfield Inn & Suites Madison East and 115-Room Hampton Inn Madison East Towne Mall Area. “In addition to expanding our footprint into ...