An affiliate of Inland National Development Co., a member company of The Inland Real Estate Group of Cos., has sold Tru by Hilton Holland and Home2 Suites by Hilton Holland for a combined sales price of $32 million. The transaction represents INDC’s second and third hotel sales in recent years, underscoring the firm’s continued success and growth within the hospitality sector.
“The sale of these two Hilton-branded hotels is an important milestone for INDC and reflects the strength of our hospitality development strategy,” said Anthony Casaccio, CEO and president of Inland National Development Co. “Completing our second and third hotel sales in recent years demonstrates our ability to deliver high-quality assets that perform well in the marketplace and attract strong purchasers seeking investment properties.”
The dual-branded hotels in Holland, Mich., include a Tru by Hilton, with 98 rooms, and a Home2 Suites by Hilton, with 109 rooms, and are strategically
