What was the deal size on the Residence Inn San Marcos?

$12,350,000. Construction Financing closed in 2021. 110 keys, San Marcos, 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 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?

110-key extended stay (Marriott) in San Marcos, TX. 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 TransactionsSan Marcos, TX

Construction Financing

Residence Inn San Marcos. Closed 2021.

Matthews Hotel Markets advised on the construction financing of the Residence Inn San Marcos, a 110-key extended stay hotel operating under the Marriott flag in San Marcos, TX.

Residence Inn San Marcos, San Marcos, TX

Deal Size: $12,350,000
Keys: 110
Segment: Extended Stay
Sponsor: Developer
Brand: Marriott
Region: Texas
Closed: 2021

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

Residence Inn San Marcos transaction FAQ

What was the deal size on the Residence Inn San Marcos?: $12,350,000. Construction Financing closed in 2021. 110 keys, San Marcos, 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 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?: 110-key extended stay (Marriott) in San Marcos, TX. 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.