JV Pays $220M for Alpharetta Hotel

Crescent Real Estate offloaded The Hotel at Avalon, a 330-Key Hotel in Alpharetta. Commercial Search reports that Endeavor Real Estate Group and Cox acquired The Hotel at Avalon for $220 million. Crescent has owned the since September 2020. The hotel debuted in 2018. The Hotel at Avalon features guest rooms and suites ranging from 355...