Ithaca Capital buys two Courtyard by Marriott hotels

30 April 2018

Ithaca Capital Partners is under contract to purchase two Courtyard by Marriott hotels in the capitals of Costa Rica and the Dominican Republic. The deal includes the 120-room Courtyard by Marriott near San Jose, Costa Rica, as well as the brand’s 145-room location in Santo Domingo in the Dominican Republic. Common amenities at both properties include a gym, an outdoor swimming pool, meeting space, on-site parking, and food and beverage services. Ithaca Capital’s advisors in the deal were Aleco Haralambides and LMV Law. The price was not disclosed.