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Hyatt Regency Deerfield Fetches $31.5 Million

Phoenix Development, Aimbridge and Green Door Capital Secure $32.9 Million Loan for 301-Room Hotel on I-294
By Brian Hobson
May 3, 2018 | 9:28 P.M.

Local real estate development and investment firm Phoenix Development Partners, in a joint venture with Aimbridge Hospitality out of Plano, TX, and backed by Chicago-based Green Door Capital, has acquired the 301-room Hyatt Regency Deerfield in Deerfield, IL, for $31.5 million, or approximately $105,000 per key.

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