What was the deal size on the Home2 Suites by Hilton Del Rio?

$17,550,000. Development + Construction Financing closed in 2020. 89 keys, Del Rio, 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 Hilton 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?

89-key extended stay (Hilton) in Del Rio, TX. Development + Construction 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 Extended Stay mandates?

Yes — Matthews actively executes extended stay 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 TransactionsDel Rio, TX

Development + Construction Financing

Home2 Suites by Hilton Del Rio. Closed 2020.

Matthews Hotel Markets advised on the development + construction financing of the Home2 Suites by Hilton Del Rio, a 89-key extended stay hotel operating under the Hilton flag in Del Rio, TX.

Deal Size: $17,550,000
Keys: 89
Segment: Extended Stay
Sponsor: Developer
Brand: Hilton
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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Home2 Suites by Hilton Del Rio transaction FAQ

What was the deal size on the Home2 Suites by Hilton Del Rio?: $17,550,000. Development + Construction Financing closed in 2020. 89 keys, Del Rio, 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 Hilton 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?: 89-key extended stay (Hilton) in Del Rio, TX. Development + Construction 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 Extended Stay mandates?: Yes — Matthews actively executes extended stay 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.