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Alpine Realty Capital Closes Sale of Red Roof Hotel in Michigan

by TheDailyHotelier
May 4, 2026
in Finance & Investment
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Alpine Realty Capital Closes Sale of Red Roof Hotel in Michigan
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ANN ARBOR, Michigan—Alpine Realty Capital introduced that it has efficiently represented the proprietor within the sale of the HomeTowne Studios by Purple Roof East Lansing – Okemos in Okemos, Michigan.

Alpine was engaged by the proprietor to execute a confidential, off-market itemizing course of wherein Alpine used its community of certified patrons to overview and underwrite the transaction. Regardless of the confidential nature of the advertising and marketing course of, Alpine utilized the substantial performance of the Resort Brokers Worldwide’s web site to handle your entire course of. By way of its community, Alpine was capable of safe quite a few presents and navigate a profitable closing.

“The East Lansing submarket has lengthy been a magnet for resort funding because of the mixture of demand generated by automotive producers, State authorities, company headquarters, and Michigan State College,” stated Ed Walsh, president of Alpine Realty Capital. “On this explicit case, we have been capable of efficiently shut at a powerful worth and honor the vendor’s needs for a confidential advertising and marketing course of,” continued Walsh.



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