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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.

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Jamsan acquires Homewood Suites in Stratford, CT

Jamsan acquires Homewood Suites in Stratford, CT

Summary:

  • Jamsan Hotel Management bought the Homewood Suites in Stratford, Connecticut.
  • The hotel was built in 2002 and is close to major employers and universities.
  • Hunter Hotel Advisors brokered the deal, and Jamsan plans property updates.

JAMSAN HOTEL MANAGEMENT acquired the 135-key Homewood Suites by Hilton Stratford in Stratford, Connecticut, from an institutional seller. The deal was brokered by Hunter Hotel Advisors and the terms were not disclosed.

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