MIG Real Estate has purchased the Courtyard San Diego Old Town, at 2435 Jefferson St., and the Fairfield Inn & Suites San Diego Old Town, at 3900 Old Town Ave.
The Courtyard was built in 1987 and offers 176 rooms with 3,416 square feet of meeting space. Fairfield Inn & Suites, built in 1988, has 123 rooms and 2,660 square feet of meeting space.
Amenities at both properties include onsite parking garages, fitness centers, and outdoor swimming pools. The Bistro, a casual, American-style restaurant, is located inside the Courtyard and offers visitors and locals food options for breakfast and dinner.
“We are optimistic about San Diego’s continued recovery, and these assets are well-positioned within the popular Old Town neighborhood, central to a diverse mix of growing demand drivers,” said Kyle Halbrook, a hotel-acquisitions manager for MIG Real Estate. “These premium-branded hotels are an exciting addition to MIG’s growing hotel portfolio, comple