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  • Baltimore, MD | Hotel | Closes on RealINSIGHT Marketplace

    Oct 03, 2019

    Best Western Premier Inner Harbor Hotel Attracts Registered Bidders From Both Local and National Markets.

    Brookshire Suites Inner Harbor Hotel Close on RealINSIGHT Marketplace

    RealINSIGHT Marketplace is pleased to announce the sale of Brookshire Suites, located in the heart of Baltimore, Maryland's Inner Harbor.
    Despite the local hotel market’s recent performance struggles, RealINSIGHT Marketplace and Berkadia focused on the opportunities available
    to the savvy investor: a popular/urban location steps from the famed waterfront, all-suites product, unencumbered of brand and management,
    value-add opportunity with rebranding options and offered at a significant discount to replacement cost.

    RealINSIGHT Marketplace implemented an advertising strategy presenting the opportunity not only to is vast investor database,
    but also print, web, and multiple listing services. The strategy paid off as the auction drew significant interest from local, regional,
    and national players and ultimately resulted in a successful trade.

    HIGHLIGHTS:
    172 Signed Confidentiality Agreements
    15 Registered Bidders

    “RealINSIGHT Marketplace’s effective marketing campaign combined with our
    robust database doubled our interested investor base which ultimately led to a
    successful auction and conclusion for our client.”
    – Kyle Stevenson, Berkadia

    Learn more about this auction property by visiting the asset page: Brookshire Suites 

    Or contact us for more details at 800.915.7015