The transaction involves the sale of the Candlewood Suites Houston Westchase, an extended-stay hotel with 81 keys, located at 11280 Westheimer Road in Houston. The asset encompasses a total square footage of 42,384 and is positioned within a strong market for hospitality assets.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: Undisclosed
• Address: 11280 Westheimer Road
• Market: Houston
• Keys: 81
• Square Footage: 42,384
• Buyer: Eshan Mithani & Amir Jooma
• Seller: Bruce Chi
• Broker: Rorik Seth - Seth Equities

Seth Equities facilitated the sale on behalf of Fate International, assisting in the disposal of the asset to an out-of-state ownership group. The transaction underscores the ongoing demand from investors for extended-stay hospitality properties in key Texas markets.

Click below to read more

https://traded.co/deals/texas/hotel/sale/11280-westheimer-road/

Seth Equities is thrilled to announce the successful off-market sale of the Fairfield Inn & Suites Houston Hobby Airport—our first closing since the firm's inception!

Property Highlights:

• 69 Keys
• $1.4M+ full-scale renovation prior to sale
• Strategic off-market transaction maximizing value for all parties

This milestone reflects our commitment to delivering tailored advisory and brokerage solutions that help hotel owners navigate today’s evolving market with confidence.

What this means for hotel owners:

Understanding your hotel's true market value is key to making informed investment decisions. Whether you’re considering a sale, refinancing, or repositioning your asset, our team is here to provide expert guidance and data-driven strategies to help you achieve your goals.

If you’re looking to explore your hotel’s market potential, let’s connect. Reach out to Seth Equities today for a confidential consultation.

View Linkedin Article