What was the deal size on the Marriott 2-Pack Del Mar (Select + Full Service)?

$100,000,000. Bank Debt Placement closed in 2019. 500 keys, Del Mar, CA.

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 Marriott 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?

500-key full service (Marriott) in Del Mar, CA. Bank Debt Placement. 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 TransactionsDel Mar, CA

Bank Debt Placement

Marriott 2-Pack Del Mar (Select + Full Service). Closed 2019.

Matthews Hotel Markets advised on the bank debt placement of the Marriott 2-Pack Del Mar (Select + Full Service), a 500-key full service hotel operating under the Marriott flag in Del Mar, CA.

Deal Size: $100,000,000
Keys: 500
Segment: Full Service
Sponsor: Developer
Brand: Marriott
Region: West
Closed: 2019

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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All closed transactions Discuss a similar transaction

Marriott 2-Pack Del Mar (Select + Full Service) transaction FAQ

What was the deal size on the Marriott 2-Pack Del Mar (Select + Full Service)?: $100,000,000. Bank Debt Placement closed in 2019. 500 keys, Del Mar, CA.
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 Marriott 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?: 500-key full service (Marriott) in Del Mar, CA. Bank Debt Placement. 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.