Chicago, IL
CBRE Arranges Sale of Six-Property Hilton Select Service and Extended Stay Portfolio Across Illinois, Missouri, and Kentucky
March 11, 2026
Media Contact
Sr Corp Comms Manager
CBRE has arranged the sale of a six-property, 589-room Hilton select‑service and extended stay hotel portfolio located across Illinois, Kentucky, and Missouri. Chatham Lodging Trust acquired the portfolio in a transaction that closed March 3, 2026.
The CBRE Chicago Hotels team led by Nate Sahn and James Foxx represented the seller, McHugh Hospitality Group, in the transaction.
The portfolio is comprised of six Hilton-branded assets strategically positioned along major Midwest transportation corridors, including Interstates 57, 70, and 44. The properties included:
- Home2 Suites Effingham
- Hampton Inn & Suites Effingham
- Hampton Inn & Suites Paducah
- Homewood Suites Paducah
- Home2 Suites Joplin
- Homewood Suites Joplin
Together, the assets offer a diversified room mix across select‑service and extended stay formats, benefiting from strong and stable demand drivers including manufacturing, logistics, healthcare, and regional sports and tourism. Recent renovations across multiple properties and long-term Hilton franchise agreements position the portfolio for continued competitive performance.
“This portfolio has demonstrated exceptional resilience and consistent outperformance across three high-growth Midwest markets,” said Sahn. “These hotels have maintained strong RevPAR and occupancy levels relative to their competitive sets, underscoring the quality of the assets, the strength of the Hilton flags, and the depth of demand drivers in each market.”
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.