KBS/Encore JV Acquires NOLA Hotel
ByYou can’t afford to miss DFW’s industry news. Sign up for GlobeSt.com’s Texas AM Alert to start each day in the know.
The Q&C Bar was recently named the “Best Kept Secret” in the Downtown NOLA Awards and among the “Top 10 Happy Hours” by St. Charles Avenue Magazine.
DALLAS–KBS Strategic Opportunity REIT, in a joint venture with Dallas-based Encore Hospitality LLC, has acquired the Q&C Hotel in New Orleans, LA for $51.2 million.
Built in 1913 and fully renovated in 2014, the Q&C Hotel will be branded under the Autograph Collection of Marriott International Inc.
The hotel features 196 guest rooms, 2,600 square feet of flexible meeting space, a restaurant and bar, valet and self-parking, and a 24-hour onsite fitness center. Its Q&C Bar is open for breakfast, lunch, dinner and happy-hour cocktails, and was recently named the “Best Kept Secret” in the Downtown NOLA Awards and among the “Top 10 Happy Hours” by St. Charles Avenue Magazine…
