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Transactions - MARCH 31, 2023

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Evermore Partners, New Castle Hotels & Resorts acquire Montana Marriott Portfolio

by Released

Evermore Partners and New Castle Hotels & Resorts have acquired the Montana Marriott Portfolio.

The portfolio consists of a 105-key AC Hotel by Marriott, a 175-key Residence Inn by Marriott, and The Mercantile, about 20,000 square feet of high quality, in-line retail located in downtown Missoula, Mont.

“This opportunity represents a pivotal point in Evermore’s history, as we expand into Montana, and underline our commitment to investing in key urban, college, and core mountain communities in the Rocky Mountain Region,” said Seth Wolkov, Evermore’s founder and CEO. “With a ‘main and main’ location, the strength of Marriott

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