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Crescent Real Estate Sells Hotel at Avalon in Alpharetta, Georgia for $220M
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Crescent Real Estate Sells Hotel at Avalon in Alpharetta, Georgia for $220M
ALPHARETTA, GA. — Crescent Real Estate LLC has sold The Hotel at Avalon, a 330-room hotel within the Avalon mixed-use campus in Alpharetta, a northern suburb of Atlanta. A joint venture featuring Austin-based Endeavor Real Estate Group purchased the hotel for $220 million, according to Atlanta Business Chronicle. Fort Worth, Texas-based Crescent has owned the hotel, which was delivered in 2018, since September 2020. Eastdil Secured represented C…
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