What was the deal size on the Quality Inn Carthage?

$1,600,000. Permanent Financing closed in 2019. 60 keys, Carthage, 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 Choice 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?

60-key select service (Choice) in Carthage, 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 Select Service mandates?

Yes — Matthews actively executes select 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 TransactionsCarthage, TX

Permanent Financing

Quality Inn Carthage. Closed 2019.

Matthews Hotel Markets advised on the permanent financing of the Quality Inn Carthage, a 60-key select service hotel operating under the Choice flag in Carthage, TX.

Deal Size: $1,600,000
Keys: 60
Segment: Select Service
Sponsor: Family Office
Brand: Choice
Region: Texas
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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Quality Inn Carthage transaction FAQ

What was the deal size on the Quality Inn Carthage?: $1,600,000. Permanent Financing closed in 2019. 60 keys, Carthage, 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 Choice 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?: 60-key select service (Choice) in Carthage, 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 Select Service mandates?: Yes — Matthews actively executes select 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.