Congratulations to the NW Hotel Advisors team, Brian Resendez, CCIM, Michelle Aiston, and Joseph Aiston!
?????? Exciting Deal Announcement! We’re thrilled to share the successful sale of the Quality Inn, a 168-room hotel in Gresham, which will soon be transformed into much-needed multifamily housing! This strategic conversion aligns with the growing demand for housing in the Portland Metro area and reflects the innovative ways we can repurpose assets to create long-term value. Converting underutilized hotels into residential communities is a win-win—revitalizing properties, addressing housing shortages, and driving economic growth. Congratulations to the NW Hotel Advisors team, Brian Resendez, CCIM, Michelle Aiston, Joseph Aiston for the hard work and effort over the 16 months it took to get to the finish line! If you're interested in similar opportunities or want to discuss the evolving CRE landscape, let’s connect! #CommercialRealEstate #MultifamilyConversion #CRE #RealEstateInvesting #SVN #PortlndCRE