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Los Angeles Investor Buys 497-Room Marriott Indianapolis Portfolio

JV Sells Adjacent Value-Add Hotels Near Downtown
The 315-room Marriott at 7202 E. 21 St. in Indianapolis. (CoStar)
The 315-room Marriott at 7202 E. 21 St. in Indianapolis. (CoStar)
By Jennifer John
CoStar Research
December 5, 2019 | 3:13 P.M.

USOCG, a full service investment firm headquartered in Los Angeles, has purchased a portfolio of three adjacent hotels totaling 497 rooms in Indianapolis from a joint venture between Shadeland Enterprises and Midwest Investments Associates for an undisclosed price.

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