Hilton Garden Inn in Warwick sold for $19M to MCR Development

Mary MacDonald

07/20/2018

The Hilton Garden Inn at the T.F. Green Airport has been sold to MCR Development LLC of New York. — THE HILTON GARDEN Inn at the T.F. Green Airport has been sold to MCR Development LLC of New York. / COURTESY MCR DEVELOPMENT LLC

WARWICK – The 160-room Hilton Garden Inn Providence Airport/Warwick has been purchased by MCR Development LLC, the seventh-largest hotel owner in the U.S. The purchase price was $19.1 million. The hotel, built in 2004, was sold by Jefferson Hospitality LLC, according to property records. The most recent assessed value, for the 2018 tax year, was $10.3…

Register to keep reading or subscribe today and receive unlimited access.
Already a Subscriber?

If you have already logged in and are still seeing this message, please refresh the page as your browser is caching the old content.

Want to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.