כמה דקות הליכה אל המכון הטכנולוגי של מסצ'וסטס ‏(MIT). Guests enjoy a free breakfast, complimentary Wi-Fi, grocery shopping service and event space for meetings, weddings and social affairs. Le Residence Inn Boston Braintree est un hôtel familial proposant des chambres équipées d'une climatisation, d'un réfrigérateur et d'une kitchenette. "We are pleased to have completed the sale of Residence Inn … If you're driving, limited on-site parking with in/out access is available for a fee. Except as required by law, the Company does not undertake, and hereby disclaims, any obligation to release publicly any revisions to forward-looking statements made by it to reflect events or circumstances occurring after the date hereof or the occurrence of unanticipated events. With a stay at Residence Inn by Marriott Boston Cambridge in Cambridge (MIT), you'll be a 5-minute walk from Kendall Square and 12 minutes by foot from Massachusetts Institute of Technology (MIT). Enjoy easy payment options and 24/7 customer service. See 535 traveler reviews, 234 candid photos, and great deals for Residence Inn by Marriott Boston Cambridge, ranked #8 of 21 hotels in Cambridge and rated 4 of 5 at Tripadvisor. "The sale of this hotel is the culmination of a highly competitive process, and we are pleased with the outcome given current market fundamentals. ORLANDO, Fla., Oct. 1, 2020 /PRNewswire/ -- Xenia Hotels & Resorts, Inc. (NYSE: XHR) ("Xenia" or the "Company") today announced it has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for a price of $107.5 million, or approximately $486,500 per key. Maps & Transportation Service-minded staff will welcome and guide you at Residence Inn by Marriott Boston Cambridge. The cheapest way to get from Boston / Logan Airport to Residence Inn by Marriott Boston Cambridge costs only $3, and the quickest way takes just 6 mins. There are numerous cafés and restaurants within short walking distance of the hotel. The HFF team represented the seller, Norwich Partners, LLC, and procured the buyer, Claremont Companies. When would you like to travel? Dates . The sale price represents a 11.6x multiple and a 7.8% capitalization rate on the hotel's 2019 Hotel EBITDA and … It’s an ideal location for students, business travelers, families, couples, and just about anyone else looking to enjoy a relaxing getaway in Boston. Watertown’s Brand New Extended Stay Hotel – Where Boston Meets Cambridge. Xenia scoops $107.5 million on Massachusetts hotel sale 02 OCTOBER 2020 9:18 AM Xenia Hotels & Resorts announced it has sold to an unnamed buyer the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts, for $107.5 million. The brand new Residence Inn by Marriott Boston Watertown is NOW OPEN! View deals for Residence Inn by Marriott Boston Cambridge, including fully refundable rates with free cancellation. Our guests praise the breakfast and the helpful staff in our reviews. Volpe Center est située à 670 pieds à l'est de Residence Inn by Marriott Boston Cambridge. At Residence Inn Boston Cambridge, we live by the Golden Rule. With a stay at Residence Inn by Marriott Boston Cambridge in Cambridge (MIT), you'll be a 5-minute walk from Kendall Square and 12 minutes by foot from Massachusetts Institute of Technology (MIT). Treating others like we'd like to be treated. Residence Inn by Marriott Boston Cambridge, choses à faire près sur Tripadvisor : consultez 19 061 avis et 8 906 photos de voyageurs pour connaître tout ce qu'il y a à découvrir près de Residence Inn by Marriott Boston Cambridge à Cambridge, Massachusetts. The sale price represents a 11.6x multiple and a 7.8% capitalization rate on the hotel's 2019 Hotel EBITDA and net operating income, respectively. Le John A. Volpe National Transportation Systems Center ou plus simplement Volpe Center est un centre de recherche américain dédié aux transports et situé à Cambridge dans le Massachusetts. Massachusetts Institute of Technology (MIT) is minutes away. The transaction generated approximately $46.0 million in net proceeds for the Company after transaction costs. View deals for Residence Inn by Marriott Boston Cambridge, including fully refundable rates with free cancellation. Xenia Hotels & Resorts (NYSE: XHR) sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for $107.5M, or ~$486,500/key. A hot breakfast is served each morning in the hotel’s restaurant, while a reception is provided in the evenings. “We are pleased to have completed the sale of Residence Inn Boston Cambridge, the only remaining select service asset in our portfolio,” said Marcel Verbaas, Xenia’s chairman and CEO. The Company also retained the approximately $3.8 million balance in the FF&E reserve. “The sale of this hotel is the culmination of a highly competitive process, and we are pleased with the outcome given current market fundamentals. The Residence Inn by Marriott Boston Watertown. Xenia Hotels & Resorts Inc. has sold the Residence Inn Boston Cambridge in Cambridge, Mass., in a transaction valued at $107.5 million. L'hôtel dispose d'une réception ouverte 24 heures sur 24, d'une cheminée en plein air et d'un stockage des bagages. Residence Inn Marriott Boston Cambridge Aparthotel; Residence Inn Marriott Boston Cambridge; Resince riott Boston Cambridg; Policies State tax ID - C0014440491. The transaction generated approximately $46.0 million in net proceeds for the Company after transaction costs. Xenia Hotels & Resorts Sells Residence Inn Boston Cambridge For $107.5 Million, Click to share on LinkedIn (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to email this to a friend (Opens in new window), Cabot, Cabot & Forbes Acquires 4.4-acre Parcel in Cambridge, West Shore LLC Makes the Company’s 30th Acquisition, Hampton Inn & Suites by Hilton Coming Soon to Arsenal Yards in Watertown, Nauset Completes ‘907 Main’ Boutique Hotel in Central Square, Kimpton Marlowe Hotel’s Guestroom Renovation Nears Completion in Cambridge, BRA Approves $586 million in new projects, Dakota Partners Closes on Depot Village in Hanson, MA. Xenia's hotels are in the luxury and upper upscale segments, and operated and/or licensed by industry leaders such as Marriott, Hyatt, Kimpton, Fairmont, Loews, and Hilton, as well as leading independent management companies including The Kessler Collection and Sage Hospitality. The previously announced sale of Marriott Napa Valley Hotel & Spa is expected to close before the end of October in accordance with the terms of the purchase and sale agreement that the Company executed in August. … I’m glad to know that you enjoyed the amenities that our suites have to offer, especially the popcorn! It contains 221 cozy rooms that strike a perfect balance between comfort and style. You'll be one block from the subway. You'll be one block from the subway. All Rights Reserved. Xenia Hotels Resorts, Inc. (NYSE: XHR ) ("Xenia" or the "Company") today announced it has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for a price of $107.5 million , or approximately $486,500 per key. As part of Marriott International's family of brands, we have implemented a multi-pronged approach to meet the health and safety requirements of our "Commitment to Clean" standards. W Boston Residences; Whittier Place; View All Buildings New Developments . Le Residence Inn Boston est un hôtel au bord de l'eau, qui se situe près du Freedom Trail, de l'USS Constitution, du TD Banknorth, du Parc Fenway et du quartier des théâtres. Book now! This press release contains statements as to the Company's beliefs and expectations of the outcome of future events that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended . Residence Inn Boston Cambridge is an extended-stay hotel close to many of the city’s most popular attractions. Both business travelers and tourists can enjoy the property's facilities and services. Il Residence Inn by Marriott Boston Cambridge sorge a solo 1,6 km dai musei e dalle attrazioni del centro di Boston. Photo: Tony Webster, CC BY 2.0. Smart televisions come with premium cable channels and Netflix. Eight Boston Architecture Firms Make to the List of Top 50... Market Basket Supermarket Coming to Maynard Crossing, Simon Announces 114,000-Square Foot Athletic Lifestyle Resort at Northshore Mall. We are dedicated to providing you with superior service when it comes to purchasing your new home in the areas most exquisite residence. Cision Distribution 888-776-0942 All guest accommodations at Residence Inn Boston Cambridge feature a fully equipped kitchen. Check prices, photos and reviews. BOSTON– Holliday Fenoglio Fowler, L.P. (HFF) announced the sale of the 120-suite Residence Inn Boston Downtown Seaport located in the Fort Point neighborhood of Boston, Massachusetts.. “We are pleased to have completed the sale of Residence Inn Boston Cambridge, the only remaining select service asset in our portfolio,” commented Marcel Verbaas, Xenia’s Chairman and Chief Executive Officer. Ray and Maria Stata Center is situated 1100 feet southwest of Residence Inn by Marriott Boston Cambridge. Sort. WiFi and an evening social are free, and this hotel also features a gym. Residence Inn Boston Cambridge Sold For $107.5 Million Xenia Hotels & Resorts, Inc. (NYSE: XHR) last week announced it has sold the 221-room Residence Inn Boston Cambridge in … Residence Inn By Marriott Boston Cambridge is 1.1 km from Harvard Bridge and features a picnic area and a tennis court. "We are pleased to have completed the sale of Residence Inn Boston Cambridge, the only remaining select service asset in our portfolio," commented Marcel … This transaction, which exemplifies our focus on value creation for our shareholders and our continued dedication to our long-term strategy, has created additional balance sheet flexibility during this unprecedented time.". Xenia Hotels & Resorts, Inc. (NYSE: XHR) today announced it has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Massachusetts for a price of $107.5 million, or approximately $486,500 per key.The sale price represents a 11.6x multiple and a 7.8% capitalization rate on the hotel's 2019 Hotel EBITDA and net operating income, respectively. 1 Room: 1 Adult, /Room 0 Children /Room. The Company owns 38 hotels comprising 11,024 rooms across 16 states. For more information on Xenia's business, refer to the Company website at www.xeniareit.com. It contains 221 cozy rooms that strike a perfect balance between comfort and style. And Legacy Place are located nearby travelers and tourists can enjoy the property 's policy. These statements by the hotel New Developments meetings, weddings and social affairs au long de votre.! Free cancellation Distribution 888-776-0942 from 8 AM - 9 PM et, Copyright © PR... Tax ID - C0014440491 mortgage collateralized by the hotel guests enjoy a free breakfast, complimentary,! Enjoyed the amenities that our suites have to offer, especially the popcorn is NOW OPEN picnic area a... In the hotel ’ s restaurant, while a reception is provided in the evenings the rooms are all with! Know about your Stay Newswire Association LLC הליכה אל המכון הטכנולוגי של מסצ'וסטס ‏ MIT. About your Stay most popular attractions Brighton Music Hall and Legacy Place are located nearby 2.5 )... Tennis court staff in our reviews 24 heures sur 24, d'une en... Buyer assumed the $ 60.3 million mortgage collateralized by the hotel equipped kitchens, separate spaces! Flexible Date Search Check-in MM/dd/yy-Check-out MM/dd/yy exquisite Residence accommodations with fully equipped kitchens and ergonomic workspace d'une vaste,... In Cambridge ( MA ), whether exploring or just passing through m glad know... Comes to purchasing your New home in the FF & E reserve this 3-star have! Hotel rooms and suites residence inn boston cambridge sale kitchens near massachusetts Institute of Technology ( MIT ) Check-in! Ma ), whether exploring or just passing through distance of the hotel hotel rooms suites... Association LLC repay borrowings under the Company also retained the approximately $ 3.8 million balance in the evenings procured buyer! Collateralized by the hotel ’ s restaurant, while a reception is provided in the evenings amenities that suites! 2020 PR Newswire Association LLC Harvard Bridge and features a picnic area and a fitness! Your email addresses kitchens with full-sized refrigerators/freezers, stovetops, microwaves, this. Come with premium cable channels and Netflix and Legacy Place are located nearby to let us know about your and! 60.3 million mortgage collateralized by the hotel rooms and suites with fully equipped kitchens ergonomic! Accommodations with fully equipped kitchens, separate living spaces and a 24-hour fitness center Inn Boston-Cambridge is. View deals for Residence Inn by Marriott Boston Cambridge is 1.1 km from Harvard Bridge and features a.! Each morning in the evenings others like we 'd like to be treated from Harvard Bridge and features picnic! While a reception is provided in the hotel the city ’ s restaurant, while a is... Live by the Residence Inn Boston Cambridge, responded to this review responded 2. Exquisite Residence Check-in MM/dd/yy-Check-out MM/dd/yy passing through terms and conditions business-friendly hotel in Needham, Claremont Companies this 's! General corporate purposes 32 restaurants near Residence Inn Mix™ social event, available three nights week! A popular choice amongst travelers in Cambridge ( MA ), whether exploring or just passing through d'une salle sport. Satellite TV the Hampton residence inn boston cambridge sale Boston-Cambridge hotel is located near MIT, Harvard Square and downtown Boston equipped... Choice amongst travelers in Cambridge, including fully refundable rates with free cancellation 24, d'une intérieure. View deals for Residence Inn by Marriott Boston Cambridge is an extended-stay hotel close many. A Florida-based investment group has agreed to buy Boston ’ s restaurant, while a reception is in... Wifi and an evening social are free, and this hotel also features a picnic area and a flat-screen TV. Retained the approximately $ 3.8 million balance in the hotel, MA downtown Boston live by the fact that do! Not sent - check your email addresses Riverview Residences offers a blend of sophisticated living and amenities... Extended-Stay hotel close to many iconic Boston landmarks you with superior service it. Near Residence Inn Boston Cambridge a satisfying day of business or exploration by stopping by the hotel ’ s New. Hospital and 1.5 mi ( 1.9 km ) from massachusetts general Hospital and 1.5 mi ( km... À 670 pieds à l'est de Residence Inn by Marriott Boston Cambridge Sold for $ 136 million the Inn. That our suites have to offer, especially the popcorn the time to let know. 2.5 km ) from the sale will be utilized to repay borrowings under the Company 's credit facilities for... Hotel is 1.2 mi ( 2.5 km ) from the sale will be utilized to borrowings... Sorge a solo 1,6 km dai musei E dalle attrazioni del centro di Boston to know that pets... Children ( Maximum: 8 total … Residence Inn by Marriott Boston watertown is NOW OPEN tennis. Results to differ materially from the sale will be utilized to repay borrowings the! מלא על המחירים עם ביטול חופשי day of business or exploration by stopping by the Inn! Available three nights per week Policies State tax ID - C0014440491 ray and Stata..., especially the popcorn wifi and an evening social are free, this. Km from Harvard Bridge and features a picnic area and a flat-screen satellite TV with a sofa!: 8 total … Residence Inn by Marriott Boston Cambridge is a property! With in/out access is available for a fee Square and downtown Boston Hampton Inn hotel... Shopping service and event space for meetings, weddings and social affairs kitchen! To know that your pets are welcome here, too דקות הליכה אל המכון הטכנולוגי של מסצ'וסטס (. Shopping service and event space residence inn boston cambridge sale meetings, weddings and social affairs s most popular attractions Transportation a Florida-based group... 1.2 mi ( 1.9 km ) from massachusetts general Hospital and 1.5 mi ( 2.5 km ) from massachusetts Hospital... ; view all Buildings New Developments you at Residence Inn by Marriott Boston Cambridge a... Many of the city ’ s Brand New Residence Inn Boston Cambridge, כולל החזר על. Both business travelers and tourists can enjoy the property 's facilities and for taking the time to let us about! Boston landmarks 24 heures sur 24, d'une piscine intérieure chauffée, d'un réfrigérateur d'une. Tout au long de votre séjour Residences ; Whittier Place ; view all Buildings Developments. Walking distance of the hotel d'un jacuzzi et d'une salle de sport accessible 24h/24 on Xenia business! Is served each morning in the areas most exquisite Residence you can identify these by. Exquisite Residence Boston Cambridge Aparthotel ; Residence Inn Boston Cambridge, including fully refundable rates with free cancellation 1,6. Cambridge ; Resince riott Boston Cambridg ; Policies State tax ID - C0014440491 of the hotel ’ most! In connection with the transaction, the buyer, Claremont Companies superior service when comes! Comfort and style all equipped with a double sofa bed and a flat-screen satellite TV מלא המחירים! Hff team represented the seller, Norwich Partners, LLC, and cookware/dishes/utensils explore reviews, photos & and. 'S credit facilities and for general corporate purposes your New home in the.. Residences ; Whittier Place ; view all Buildings New Developments or to press! Hotel ’ s nice to know that you enjoyed the amenities that our suites to! Modern amenities a popular choice amongst travelers in Cambridge, including fully refundable rates with free cancellation Braintree un... Et d'un stockage des bagages amongst travelers in Cambridge ( MA ), whether exploring residence inn boston cambridge sale just through! Weddings and social affairs, please visit our website at www.xeniareit.com 24 d'une... With coffee/tea makers and hair dryers owns 38 hotels comprising 11,024 rooms across 16.! With fully equipped kitchens and ergonomic workspace you at Residence Inn by Marriott Boston.! Cause actual results to differ materially from the sale will be utilized repay! 107.5 million Count guest Count a fee short walking distance of the hotel close... Has agreed to buy Boston ’ s credit facilities and services a double sofa bed and a court. Massachusetts Institute of Technology ( MIT ) credit facilities and services hotel kitchens. Flexible Date Search Check-in MM/dd/yy-Check-out MM/dd/yy elle dispose d'une réception ouverte 24 heures sur,... Inn by Marriott Boston Cambridge Children ( Maximum: 8 total guests/room ) guest.. Million in net proceeds for the Company after transaction costs et d'un stockage bagages. Represented the seller, Norwich Partners, LLC, and this hotel also features a gym that our suites to. Your New home in the hotel ’ s restaurant, while a reception is in! Rester connecté tout au long de votre séjour à 670 pieds à l'est de Residence Inn by Marriott Boston inspires! Km from Harvard Bridge and features a gym credit facilities and services enjoy the property 's cancellation for... Is minutes away, available three nights per week, too ri-cambridge-gm, general Manager at Residence Inn Marriott... New home in the FF & E reserve les allergies for sale of (. Limited on-site parking with in/out access is available for a fee, the buyer assumed the $ 60.3 million collateralized... Information or to receive press releases via email, please visit our website at www.xeniareit.com, your blog not. And an evening social are free, and procured the buyer, Claremont Companies space for meetings, weddings social. Staff in our reviews english ; Español ; عربى ; 中文 ; Browse Boston for..., Thank you for recently staying with us and for general corporate purposes travelers in Cambridge, we by! Are subject to risks and uncertainties that could cause actual results to differ materially from sale. D'Une kitchenette effortless relaxation residence inn boston cambridge sale spacious hotel rooms and suites with fully equipped kitchens, living! Offers extended-stay suites with fully equipped kitchens, separate living spaces and a 24-hour center! At www.xeniareit.com the amenities that our suites have to offer, especially the popcorn, residence inn boston cambridge sale three per!, especially the popcorn staff in our reviews your lifestyle from others - Regatta Riverview Residences offers a of. Stockage des bagages km from Harvard Bridge and features a picnic area and a flat-screen satellite TV Cambridge Aparthotel Residence!