An upscale hotel in Midtown Atlanta dating to the early 1970s is set for renovation after a partnership acquired the property this month.
Crowne Plaza-anchored hotel in Midtown Atlanta poised for Marriott conversion
Monomoy, Axonic acquire hotel co-branded as Crowne Plaza, Staybridge Suites
By Andy Peters
CoStar NewsOctober 15, 2025 | 8:48 P.M.
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IN THIS ARTICLE
- Properties
- Crowne Plaza Atlanta - Midtown
590 Peachtree St, Atlanta, GA
- Staybridge Suites Atlanta - Midtown
23 Linden Avenue NW, Atlanta, GA
- Hotel Granada
1302 Peachtree St, Atlanta, GA
- Ashore Resort & Beach Club
10100 Coastal Hwy, Ocean City, MD
- Companies
- Monomoy Property Ventures
Accommodation and Food Services
- Axonic Capital
Finance and Insurance
- Marriott International
Accommodation and Food Services
- Schulte Hospitality Group, Inc.
Accommodation and Food Services
- Cooper Carry
Professional, Scientific, and Technical Services
- Contacts
- Nate Ries
Senior Vice President, Hodges Ward Elliott, Inc.
- Michael Tormey
Senior Vice President, Hodges Ward Elliott, Inc.
- William Hodges
Chief Executive Officer, Hodges Ward Elliott, Inc.
- Kevin Vaughan
Vice President of Acquisitions, Monomoy Property Ventures