US: Real estate investment firm, Hawkins Way Capital, has acquired the 143-room property in Boston’s Back Bay area.
The seven-storey boutique hotel offers more than 13,800 square-feet of amenity, dining, beverage and retail space, and is close to the Hynes Convention and Prudential Centres and Boston Public Gardens.
Hawkins Way plan to update and reconfigure all the guest rooms, and to improve the hotel’s common and retail areas.
“The prime Boston real estate market is difficult to break into competitively, so we are very pleased to be able to complete our third property acquisition in another coveted location with substantial value-added opportunity,” said Ross Walker, co-founder and managing parter at Hawkins Way Capital.
Based in Beverly Hills, Hawkins Way Capital currently owns and operates more than 2,500 hospitality and multifamily units throughout the United States.