10 Nov 2025

HUNTER HOTEL ADVISORS FACILITATES SALE AND FINANCING OF 107-KEY COURTYARD AMARILLO DOWNTOWN

Hunter Hotel Advisors (Hunter) today announced the off-market sale of the historic 107-key Courtyard Amarillo Downtown. An affiliate of Summit Hotel Properties, Inc., sold the hotel to an affiliate of Amarillo-based KAMP Hotels on October 20, 2025. Hunter’s Mason McDavid, vice president and Kami Burnette, senior vice president, in the firm’s Texas office, facilitated the transaction, while Adeel Amin, senior vice president of capital markets, secured financing for the buyer.

The financing solution reflects Hunter’s broader strategy of balancing favorable pricing with risk management. For this particular client, risk mitigation was crucial.

“Another successful execution of Hunter’s collaborative investment sales and capital markets teams, this transaction reflects the firm’s ability to deliver creative and strategic outcomes for clients,” said Amin. “The loan's successful execution at a tight debt yield underscores the value of local market insight, and the sponsor's documented track record and deep conviction in the emerging market's growth trajectory were critical factors in securing financing terms.”

Situated in the heart of downtown Amarillo, the 107-key Courtyard Amarillo Downtown benefits from immediate access to the city’s leading corporate, medical and leisure demand generators. The hotel is within walking distance of the Amarillo Civic Center Complex, Globe-News Center for the Performing Arts and Hodgetown Stadium, and just minutes from Amarillo College, West Texas A&M University and Baptist St. Anthony’s Health System. Proximity to the Tri-State Fairgrounds, Palo Duro Canyon State Park, the Amarillo Museum of Art and the city’s historic Route 66 district further reinforces the hotel’s connectivity to the region’s cultural, entertainment and tourism activity. Strategic connectivity via I-40 and Rick Husband Amarillo International Airport ensures seamless accessibility for both business and leisure travelers.

“We are proud to have facilitated this off-market transaction on behalf of our Texas-based institutional client, and equally excited for the buyer as they expand their North Texas portfolio with the addition of their first Marriott-branded hotel,” said McDavid. “Amarillo remains a highly sought-after secondary market in Texas, benefiting from its role as the regional healthcare hub of North Texas along with strong agriculture, manufacturing and leisure demand. The new owners are well-positioned to capitalize on these growing industries.”

The Courtyard Amarillo Downtown, originally built in 1928 and converted to a hotel in 2010, features a business area, fitness center and The Bistro, where guests enjoy on-site breakfast and dinner.