Marcus & Millichap Facilitates Sale of Newly Constructed Courtyard Hotel in Billings, Montana

Reuters
08-02
Marcus & Millichap Facilitates Sale of Newly Constructed Courtyard Hotel in Billings, Montana

Marcus & Millichap Inc., a leading commercial real estate brokerage firm, has successfully closed the sale of the Courtyard Billings, a 137-room hotel located in Billings, Montana. The transaction, completed on July 31, 2025, marks a significant event in the local hospitality market, which has experienced limited activity due to elevated interest rates and stringent buyer standards. The newly constructed, premium-branded hotel, situated near Interstate 90 and close to the Billings Logan International Airport, was sold by Veeder Hospitality Associates LLC and acquired by InterMountain Management. The deal reflects growing investor confidence in Montana's long-term fundamentals, driven by sectors such as tourism, healthcare, and energy. Marcus & Millichap's team, led by Skyler Cooper and associates, facilitated the transaction, ensuring a smooth process and demonstrating continued interest in institutional-quality assets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on August 01, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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