What was the deal size on the Crown Plaza Downtown Dallas?

$27,000,000. Permanent Financing closed in 2020. 311 keys, Dallas, TX.

Who at Matthews Hotel Markets executed this transaction?

Luke Thompson, Miles Cortez. The transaction was sourced through direct relationships with the buyer pool active in this segment and market at the time of close.

Where can I see comparable IHG closes?

Matthews's full closed-transaction list is at /closed. Filter by segment, brand, year, or market. We publish public-data fields on every closed deal where seller permission allows; some confidentiality applies to ownership and pricing where the engagement was off-market.

What were the key value drivers in this transaction?

311-key full service (IHG) in Dallas, TX. Permanent Financing. The transaction process surfaced underwriting, brand standards, PIP cycle, and market demand factors typical for this asset profile.

Is Matthews currently advising on similar Full Service mandates?

Yes — Matthews actively executes full service dispositions and acquisitions across the United States. Active mandates and recent closes are at /listings and /closed. For confidential conversations on a similar disposition or acquisition, the team responds within 24 hours.

Closed TransactionsDallas, TX

Permanent Financing

Crown Plaza Downtown Dallas. Closed 2020.

Matthews Hotel Markets advised on the permanent financing of the Crown Plaza Downtown Dallas, a 311-key full service hotel operating under the IHG flag in Dallas, TX.

Deal Size: $27,000,000
Keys: 311
Segment: Full Service
Sponsor: Developer
Brand: IHG
Region: Texas
Closed: 2020

Brokers on this transaction

Luke Thompson

VP & Director, Capital Markets

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Miles Cortez III

VP & Director, Hospitality Capital Markets

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Crown Plaza Downtown Dallas transaction FAQ

What was the deal size on the Crown Plaza Downtown Dallas?: $27,000,000. Permanent Financing closed in 2020. 311 keys, Dallas, TX.
Who at Matthews Hotel Markets executed this transaction?: Luke Thompson, Miles Cortez. The transaction was sourced through direct relationships with the buyer pool active in this segment and market at the time of close.
Where can I see comparable IHG closes?: Matthews's full closed-transaction list is at /closed. Filter by segment, brand, year, or market. We publish public-data fields on every closed deal where seller permission allows; some confidentiality applies to ownership and pricing where the engagement was off-market.
What were the key value drivers in this transaction?: 311-key full service (IHG) in Dallas, TX. Permanent Financing. The transaction process surfaced underwriting, brand standards, PIP cycle, and market demand factors typical for this asset profile.
Is Matthews currently advising on similar Full Service mandates?: Yes — Matthews actively executes full service dispositions and acquisitions across the United States. Active mandates and recent closes are at /listings and /closed. For confidential conversations on a similar disposition or acquisition, the team responds within 24 hours.