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US hotel deals: Onelin Capital Corporation acquires University Inn in Seattle

Home2 Suites by Hilton San Antonio North Stone Oak sells to Pacific Pearl Hotels
Staypineapple Hotels sold the University Inn in Seattle to Onelin Capital Corporation for $27 million. (CoStar)
Staypineapple Hotels sold the University Inn in Seattle to Onelin Capital Corporation for $27 million. (CoStar)

This roundup features the latest hotel transactions in the U.S. hotel industry.

Rooms: 106
Location: San Antonio, Texas
Buyer: Pacific Pearl Hotels
Seller: Peachtree Hotel Group
Date of transaction: May 5, 2025
Takeaway: Hunter Hotel Advisors' Texas office facilitated the transaction, marking their eighth closing in the past year and generating more than $105 million in sales.

Rooms: 101
Location: Prattville, Alabama
Buyer: Sage Lane Partners and ARK Holdings
Seller: Marie and Danya Jones
Date of transaction: April 30, 2025
Takeaway: ARK Hospitality will operate the hotel. The addition continues Sage Lane's growth since its formation in 2024 to more than $350 million in current assets managed.

Rooms: 102
Location: Seattle
Price, including debt: $27 million
Price per room: $264,706
Buyer: Onelin Capital Corporation
Seller: Staypineapple Hotels
Date of transaction: April 24, 2025
Takeaway: The acquisition represents a strategic investment in one of Seattle’s most well-located boutique hotels, situated in the city’s University District with convenient access to the University of Washington, as well as a wide array of dining, retail and cultural amenities.

Rooms: 110
Location: Clemson, South Carolina
Price, including debt: $15.65 million
Price per room: $142,273
Buyer: Meyer Jabara Hotels and Pappas Hotels
Seller: Midas Hospitality
Date of transaction: April 16, 2025
Takeaway: Renovations to the select-service hotel will begin this summer and will include replacement of all softgoods and flooring, a makeover to The Bistro and lobby, and an expansion of the meeting space to incorporate lobby areas for meetings and receptions.

Click here to read more hotel news on CoStar Hotels.

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