HREC Arranges Sale of Hilton San Antonio Airport San Antonio, Texas

11/25/19

HREC Investment Advisors is pleased to announce it arranged the sale of the 384-room Hilton San Antonio Airport located in San Antonio, Texas. Presidian Hotels has been retained to manage the hotel.

The marketing, negotiations and sales process were led by Mike Armstrong, Principal in the San Diego office, and Arnold Armstrong, an affiliate broker in Texas.

Mike Armstrong stated, “San Antonio continues to be an active hotel investment market as evidenced by several recent full-service hotel transactions including the Airport Doubletree and the Marriott Northwest that we recently sold as well."

The Hilton benefits from an ideal location less than a mile from the entrance to the rapidly growing San Antonio International Airport. The hotel offers excellent curb appeal and enjoys excellent highway visibility and access from Interstate 410, ideal for attracting transient room nights and airport travelers, as well as group and convention business. The Hotel is strategically located a short drive from a diverse array of leisure, corporate, medical, and military demand generators including the North Star Mall, Downtown, the River Walk, and the Airport.

About HREC®: HREC® is the nation’s leading lodging and gaming real estate advisory firm specializing in property sales, mortgage brokerage, equity/JV structuring, consulting including market studies, and litigation support. With 17 offices throughout North America, HREC® is distinguished by unwavering commitment to client service and success through its team approach, intellectual capital and hotel/casino specialization.

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