Skip to content

Search

Latest Stories

NexGen acquires Claridge House in Chicago

It will join the Tapestry Collection this summer

NexGen Hotels Chicago acquisition

Chris Patel-led NexGen Hotels acquired the 165-room Claridge House Chicago in Chicago’s Gold Coast Historic District.

NexGen Hotels Expands with Claridge House Chicago Acquisition

NEXGEN HOTELS ACQUIRED the 165-room Claridge House Chicago in Chicago’s Gold Coast Historic District. The hotel will rebrand this summer as part of Hilton’s Tapestry Collection.

NexGen, based in Itasca, Illinois, is led by President Chris Patel.


“We are excited to bring the remarkable Tapestry Collection by Hilton brand to the Gold Coast section of Chicago,” said Patel. “This hotel is a testament to our dedication to providing exceptional accommodations for our guests. With its prime location and upscale amenities, we are confident that it will become a premier destination for visitors coming to Chicago.”

The property is near Wrigley Field, 360 Chicago, the Lakefront Trail, Lincoln Park Zoo, the Magnificent Mile, Soldier Field and Navy Pier, NexGen said in a statement. The hotel includes a fitness center, spa and 685 square feet of meeting space.

In December, NexGen acquired the 120-key Fairfield Inn & Suites by Marriott Fort Lauderdale Northwest in Tamarac, Florida, its third acquisition of the year.

More for you

JNR Management acquires Freepoint Hotel Cambridge near Harvard University
Photo credit: Hilton Hotels & Resorts

JNR acquires MA Tapestry Collection hotel

Who owns Freepoint Hotel now?

MASSACHUSETTS-BASED JNR MANAGEMENT Inc. recently acquired the 121-room Freepoint Hotel Cambridge, Tapestry Collection by Hilton, in Cambridge, Massachusetts, from Dune Real Estate Partners of New York. JNR Management is led by President Jignesh Patel and Principal and COO Robins Patel.

The hotel is located near MBTA’s Alewife Station and close to Harvard University and MIT, Berkadia said in a statement. The hotel is surrounded by more than 4.5 million square feet of office and lab space, with ongoing area developments expected to drive demand growth.

Keep ReadingShow less
Hampton Inn & Suites Irving Hwy 183 hotel in Texas

RMS opens Hampton Inn in Irving, TX

Hampton Inn & Suites Launches in Irving

Hampton Inn & Suites Irving Hwy 183 is now open in Irving, Texas. The 110-room property is owned by RMS Hospitality LLC, led by managing director Rafiq Islam, and will be managed by Hotel Equities.

The hotel is near Dallas-Fort Worth International Airport, downtown Dallas, the Toyota Music Factory and the Las Colinas community.

Keep ReadingShow less
AC Hotel Portland Lake Oswego Opens After Conversion
Photo credit: Marriott International

Portland AC opens after conversion

The 161-key AC Hotel Portland Lake Oswego in Oregon is now open following the conversion of the former Crowne Plaza Portland-Lake Oswego. It is owned by Lake Oswego, Oregon-based BHG Hospitality, led by principal Bakulesh “Buggsi” Patel, and operated by InnVentures of Kent, Washington.

The hotel is within a 15-minute drive of Portland and near several golf clubs, spas and walking trails, the duo said in a statement.

Keep ReadingShow less