MIG Real Estate Buys Two Arizona Hotels

SCOTTSDALE, AZ and PHOENIX—MIG Real Estate  MIG Real Estate, LLC, a Newport Beach, CA-based real estate investment company, has further expanded into Arizona. MIG has  acquired two hotels in the Phoenix metro area: the Fairfield Inn & Suites Midtown in Phoenix and Holiday Inn Express & Suites Old Town in Scottsdale. These acquisitions demonstrate MIG Real Estate’s continued commitment to invest in the sixth largest market in the U.S.

“We found these hotels appealing due to their accessible locations, strong branding, and surrounding businesses, attractions, medical facilities, and sports venues,” said Greg Merage, CEO of MIG Real Estate. “We will continue to seek value-add properties in the metro Phoenix market as part of our overall strategic growth initiative in the Western U.S.”