Friday, October 30, 2015

Acquire Completes Funding for DoubleTree by Hilton DFW Airport

DoubleTree by Hilton DFW Airport is a 282-room, eight-story hotel located adjacent to Dallas-Fort Worth

 DALLAS — Acquire Real Estate, a real estate crowd investing platform, has closed its investing fund for part ownership of the DoubleTree by Hilton DFW Airport, a 282-room, eight-story hotel located adjacent to Dallas/Fort Worth International Airport.

The project attracted investors from across the country that contributed between $5,000 and $75,000. Acquire Real Estate provided $262,500 in funding for the hotel. Investors are projected to receive average annual returns above 20 percent paid quarterly over a seven- to 10-year term.

The property is located less than two miles from Dallas/Fort Worth International Airport. Hotel amenities include 17,000 square feet of function space, a full-service business center and airport shuttle services. The Buccini/Pollin Group purchased the property in January 2015 for an undisclosed amount.


Haisten Willis/ReBusiness Online