Arbor Lodging Partners, MBRE Healthcare, and Metro Park Partnership Acquires 352-Room Dual-Branded Homewood Suites and Hampton Inn Chicago Downtown/Ma

Arbor Lodging | October 9, 2018

(CHICAGO; October 9, 2018)– Executives from Arbor Lodging Partners, MBRE Healthcare, and Metro Park are pleased to announce the acquisition of a 352-room dual-branded hotel, 93,000 square foot medical office building, and 225-stall parking garage at 150 and 160 E. Huron Street, located a block from the Magnificent Mile and directly across from the Northwestern University Medical Campus in Chicago. The acquisition required a creative co-investment structure for three different property types. The 40-story, Class A building is vertically subdivided into medical office space (floors 7-13), two sister hotels (floors 14-40), and a vale...