15747 John F Kennedy Boulevard, Houston, TX 77032

Fee simple interest offered in the 313-room DoubleTree by Hilton at Houston’s George Bush Intercontinental Airport (IAH). The asset is being marketed through a court-appointed receivership sale process and was transferred to special servicing in June 2020, followed by the appointment of a court-appointed receiver in July 2020. The property is described as unencumbered by management and debt.

Recent performance indicators cited in the offering include current ADR penetration at approximately 91% of the comp set, along with trailing 3-month RevPAR growth of approximately 31% for the subject property and about 13% for the comp set. The public remarks also note that the hotel benefits from a constrained George Bush Airport submarket pipeline and an absence of new full-service hotel supply approved or under construction.

The remarks further point to Houston lodging demand drivers, including 62+ million passengers served through Houston’s airports in 2025 and record international traffic at Bush Intercontinental. Citywide convention momentum is referenced with 2026 definite room nights pacing nearly 19% ahead of 2025 and at 118% of target, with 2027 and 2028 tracking roughly 69% and 120% ahead year over year, respectively. The fully funded GRB expansion is described as adding a new 700,000-square-foot GRB South facility with direct Toyota Center connectivity. The public remarks also cite seven FIFA World Cup 2026 matches hosted in Houston.