ATLANTA, Georgia—Hunter Hotel Advisors introduced the profitable sale of the 117-key Hilton Backyard Inn Springfield. Witness Funding bought the property from Schulte Hospitality Group on July 11, 2025. Hunter’s Spencer Davidson, senior vp, facilitated the transaction.
The property sits close to the intersection of Interstates 72 and 55 in Illinois’ capital metropolis, providing entry to locations such because the College of Illinois Springfield, Capital Metropolis Procuring Middle, and Scheels Sports activities Park. Hilton Backyard Inn Springfield serves vacationers visiting Springfield’s landmarks, together with the Abraham Lincoln Presidential Library and Museum, Lincoln’s dwelling, and the Illinois State Capitol. Main producers equivalent to BUNN-O-Matic, Commonplace Aero, and Richardson Manufacturing assist the regional financial system.
“We’re excited so as to add the Hilton Backyard Inn Springfield to our rising portfolio,” stated Gurtej Medi, managing associate of Witness Funding. “The resort’s proximity to Springfield’s main demand drivers—authorities, healthcare, and the brand new Scheels Sports activities Park—aligns properly with our funding technique of concentrating on high-potential belongings in resilient Midwest markets. We look ahead to constructing on the property’s efficiency and persevering with to ship worth to our visitors, companions, and the area people.”
The Hilton Backyard Inn Springfield presents an on-site health middle, indoor pool, and a full-service restaurant, The Backyard Grille & Bar, serving cooked-to-order breakfast and dinner.
