2900 Briarpark Dr Houston, TX 77042

The Marriott Westchase in Houston, Texas, featuring 604 rooms, is available for purchase. The property is offered unencumbered by management and at a discount to replacement cost. Transferred to special servicing in May 2020, with foreclosure completed in June 2025, this presents an opportunity to drive performance by taking the asset out of lender control and completing the Property Improvement Plan (PIP) to reposition it within its competitive set. The ability to retain the Marriott flag through a long-term franchise agreement ensures brand continuity and sustained recognition. The competitive set and the broader Houston market have shown significant RevPAR increases. Houston is uniquely positioned for counter-cyclical growth due to major investments from companies like Apple, Nvidia, Tesla, and Eli Lilly, driving billions in development and creating numerous jobs. Houston serves as a global hub for energy, hosting over 4,600 companies across traditional and renewable energy technologies. The Houston MSA is poised for continued energy sector growth, supported by a renewed focus on domestic oil production and energy independence. Houston's population exceeds 7.5 million, making it the fifth-largest and one of the fastest-growing MSAs in the U.S., driven by job creation and in-migration. Houston Bush Intercontinental Airport is undergoing over $4 billion in renovations and modernization to expand passenger capacity and enhance global connectivity. Houston is expected to benefit from the simultaneous closures of the Austin and Dallas convention centers in 2025, leaving both markets without competitive facilities through 2029.