Two Houston Marriott hotels part of $107 million deal

HOUSTON – Chatham Lodging Trust, a hotel real estate investment trust, has acquired four hotels, including two Marriott-related properties in Houston’s Inner Loop, for $107 million.

The two hotels in Houston are the 120-room Residence Inn by Marriott West University, at 2939 Westpark, near Kirby Dr. and the 100-room Courtyard by Marriott West University, 2929 Westpark, near Kirby Dr.

The other two hotels are the 179-room Hilton Garden Inn in Burlington, Mass. and the 176-room Courtyard by Marriott Dallas in Addison, Texas.

The purchase was connected with Chatham’s previously announced acquisition of a 52-hotel, 6,976-room portfolio from Inland American, a $1.1 billion deal.