Crawford Hoying has acquired the Courtyard by Marriott Hamilton in partnership with international hotel owner, operator and developer Shaner Hotel Group. This is Crawford Hoying’s first hotel in Hamilton, OH, and 15th in the company’s portfolio.
The 120-key property, located in downtown Hamilton near Marcum Park, offers more than 5,800 sq. ft. of event space, a 24/7 fitness center and an indoor heated swimming pool.
The property is also located close to Crawford Hoying’s recently announced 17-acre mixed-use development at the current Cohen Recycling site. The development is set to include multifamily, retail and office space, as well as an additional hotel with Shaner.
“We could not be more excited about the acquisition of this asset and furthering our long-term commitment to the City of Hamilton,” said Matt Starr, EVP, commercial real estate, Crawford Hoying. “For the City of Hamilton, this represents the beginning of a new chapter. The community came together to acquire and reflag the hotel nearly 15 years ago, and Crawford Hoying will now make a significant investment in the property to re-establish the hotel’s presence in the marketplace.”
The Courtyard by Marriott Hamilton marks a continued expansion of Crawford Hoying’s portfolio, following the acquisition of Homewood Suites Columbus OSU last September. This represents the second hotel acquisition in collaboration with Shaner within the last five months.
