Evansville Hotel Portfolio

JLL’s Hotels & Hospitality Group, as sole and exclusive agent for the owner, has been retained to offer for sale the fee simple interest in the 119-room Courtyard Evansville East (the “Courtyard”) and the 112-room Hilton Garden Inn Evansville (the “Hilton Garden Inn”) (combined the “Hotels”, or “Properties”). These premium-branded Hotels benefit from an excellent location along I-69, just north of the Ohio River, in a diverse and strong economy. Evansville, also known as the “Crescent Valley” or “River City” is the third-most populous city in the state of Indiana with a population of over 118,000. Evansville is an economic hub that is home to many industries such as trade, transportation, education and health services, hospitality, and manufacturing. Evansville is the regional trade center for the tri-state area consisting of Indiana, Kentucky, and Illinois, and is home to two NYSE-listed companies, Berry Global and OneMain Financial. Additionally, Evansville is home to three companies traded on the NASDAQ; Escalade, Shoe Carnival, and Old National Bank. Designated as a U.S. Customs Port of Entry, Evansville benefits from its strong rail and highway infrastructure and its strategic location along the Ohio River, making the River City an ideal port for the transfer of both domestic and international cargo.