This transaction marks the first hotel purchase for Partners Capital’s Hospitality Fund I. Credit: Partners Capital.

Partners Capital, the investment arm of Partners Real Estate, has acquired Hilton Garden Inn San Marcos in Texas, US, for an undisclosed sum.  

The 107-room hotel includes the Garden Grille & Bar Restaurant, an outdoor pool, free Wi-fi, a fitness centre, a business centre and 2,760ft² of event space. 

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

This transaction marks the first hotel purchase for Partners Capital’s Hospitality Fund I, which was launched in June 2023.  

The fund aims to create a collection of Marriott, Hilton, Hyatt, and IHG, hotels ranging from limited-service, select-service, and extended-stay properties in Sunbelt markets. 

Hospitality Fund I managing director Adam Lair said: “Our fund has been especially focused on the I-35 corridor between Austin and San Antonio since its inception, given the dramatic growth of the region, and we were fortunate to find an institutional-grade asset in a strong market like San Marcos. 

See Also:

“We see tremendous upside potential in the Hilton Garden Inn and look forward to executing on that immediately.” 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Partners Finance’s digital investment platform offers accredited investors access to Hospitality Fund I and other current offerings from Partners Capital. 

Over the past eight years, Partners Capital has launched seven investment funds, employing three investment strategies, and has executed transactions exceeding $500m.  

This deal comes after Partners Capital recently expanded its portfolio with the purchase of Waco Gateway Park, marking Partners Land Fund I’s first acquisition. 

The company’s existing portfolio comprises more than 1.4 million square feet of property across Texas.