{"id":839615,"date":"2022-12-02T06:04:20","date_gmt":"2022-12-02T05:04:20","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/mcr-acquires-the-staybridge-suites-chattanooga-downtown\/"},"modified":"2022-12-02T06:04:20","modified_gmt":"2022-12-02T05:04:20","slug":"mcr-acquires-the-staybridge-suites-chattanooga-downtown","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/mcr-acquires-the-staybridge-suites-chattanooga-downtown\/","title":{"rendered":"MCR Acquires the Staybridge Suites Chattanooga Downtown"},"content":{"rendered":"MCR\u2019s latest acquisition in The Volunteer State boasts a prime location in a fast-growing Southeast market\n\nNEW YORK--(BUSINESS WIRE)--MCR \u2014 the country\u2019s 4th-largest hotel owner-operator \u2014 has acquired the Staybridge Suites Chattanooga Downtown, a five-story, extended-stay hotel with 124 suites in Chattanooga, Tennessee. The hotel was purchased at over a 25% discount to MCR\u2019s estimated replacement cost. MCR also has the opportunity to create additional value through (i) converting 13,000 square feet of underutilized ground-floor space into additional guest rooms, retail or meeting space and (ii) monetizing the property\u2019s large, 2.2-acre site offering excess development potential in a prime downtown location. This is the company<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>MCR\u2019s latest acquisition in The Volunteer State boasts a prime location in a fast-growing Southeast market NEW YORK&#8211;(BUSINESS WIRE)&#8211;MCR \u2014 the country\u2019s 4th-largest hotel owner-operator \u2014 has acquired the Staybridge Suites Chattanooga Downtown, a five-story, extended-stay hotel with 124 suites in Chattanooga, Tennessee. The hotel was purchased at over a 25% discount to MCR\u2019s estimated [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-839615","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MCR Acquires the Staybridge Suites Chattanooga Downtown - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/mcr-acquires-the-staybridge-suites-chattanooga-downtown\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MCR Acquires the Staybridge Suites Chattanooga Downtown - BeBeez\" \/>\n<meta property=\"og:description\" content=\"MCR\u2019s latest acquisition in The Volunteer State boasts a prime location in a fast-growing Southeast market NEW YORK--(BUSINESS WIRE)--MCR \u2014 the country\u2019s 4th-largest hotel owner-operator \u2014 has acquired the Staybridge Suites Chattanooga Downtown, a five-story, extended-stay hotel with 124 suites in Chattanooga, Tennessee. 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