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

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…
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