PROJECT SIZE:
Existing eight-story hotel with 240 rooms and 2,800 square feet of meeting space. Located in the Market Center submarket of Dallas, Texas

ACQUIRED:
May 2003

DEVELOPMENT PLAN:
Completed renovation and conversion of the hotel to a 240-room Hilton Garden Inn, including the addition of increased meeting space to maximize the hotel's revenue.

STATUS:
In year four of operations plan and ramping up to projected stabilized income levels.

HOTEL MANAGER:
Aimbridge Hospitality
Dallas, Texas

SPL ROLE:
Owner/Developer/Asset Manager