Marcus & Millichap

Michael Klar

Overview

Michael Klar is an investment associate focused on the sale of hotel assets. Currently based in Chicago, Michael works in association with Ebrahim Valliani of the Miller-Gomes Hotel Team. Michael's focus is primarily throughout the states of Illinois, Indiana, Michigan and bordering areas. His expertise is in advising and servicing investors who own, operate and develop hospitality properties in the Midwest and nationwide. 
 
Michael is knowledgeable in the hotel industry, understanding the perspective of an owner and prospective buyer. His education and professional experience in the hospitality industry, working with both private and institutional investors, allows him to expertly guide clients to achieve their real estate goals. Michael's thorough understanding of the operations in the hospitality industry extends to his degree from The School of Hospitality Business with a focus in Investment Real Estate Management from Michigan State University.

Chicago Oak Brook
Michael Klar

Michael Klar

Associate
Tel: (630) 570-2175
Fax: (630) 570-2210

License:  MI  6501402890

Our Team

Michael Klar & Ebrahim Valliani


Team Members:

Transactions Closed

  • Travelodge Peoria Hotel and Conference Center

    Travelodge Peoria Hotel and Conference Center

    Hotel/Motel

    Peoria, IL
    Size: 258,311 sqft
    Cap Rate: 0.10%

  • Country Inn & Suites West Bend

    Country Inn & Suites West Bend

    Hotel/Motel

    West Bend, WI
    Price: $3,475,000
    Size: 37,200 sqft
    Size: 58 units
    Cap Rate: 12.87%

  • Comfort Inn Arlington Heights O'Hare Chicago

    Comfort Inn Arlington Heights O'Hare Chicago

    Hotel/Motel

    Arlington Heights, IL
    Price: $6,650,000
    Size: 81,570 sqft
    Size: 125 units
    Cap Rate: 11.15%

  • Rodeway Inn Merrillville

    Rodeway Inn Merrillville

    Hotel/Motel

    Merrillville, IN
    Price: $1,400,000
    Size: 45,040 sqft
    Size: 70 units
    Cap Rate: 12.50%

  • Comfort Inn Festus

    Comfort Inn Festus

    Hotel/Motel

    Festus, MO
    Price: $3,650,000
    Size: 42,102 sqft
    Size: 89 units
    Cap Rate: 10.36%

  • Days Inn & Suites Benton Harbor

    Days Inn & Suites Benton Harbor

    Hotel/Motel

    Benton Harbor, MI
    Price: $2,125,000
    Size: 41,818 sqft
    Size: 47 units
    Cap Rate: 9.83%

  • Hawthorn Suites by Wyndham Fort Wayne

    Hawthorn Suites by Wyndham Fort Wayne

    Hotel/Motel

    Fort Wayne, IN
    Price: $4,400,000
    Size: 50,370 sqft
    Size: 80 units
    Cap Rate: 13.45%

  • Super 8 Peru

    Super 8 Peru

    Hotel/Motel

    Peru, IL
    Price: $2,510,000
    Size: 21,279 sqft
    Size: 61 units
    Cap Rate: 11.42%

  • Hampton Inn McHenry

    Hampton Inn McHenry

    Hotel/Motel

    McHenry, IL
    Price: $10,300,000
    Size: 72,624 sqft
    Size: 117 units
    Cap Rate: 9.80%

  • Comfort Inn & Suites Geneva

    Comfort Inn & Suites Geneva

    Hotel/Motel

    Geneva, IL
    Price: $6,275,000
    Size: 49,524 sqft
    Size: 90 units
    Cap Rate: 9.83%

  • Super 8 Eau Claire

    Super 8 Eau Claire

    Hotel/Motel

    Eau Claire, WI
    Price: $2,257,500
    Size: 43,825 sqft
    Size: 56 units
    Cap Rate: 12.42%

  • Best Western Plus Fort Wayne Inn & Suites North

    Best Western Plus Fort Wayne Inn & Suites North

    Hotel/Motel

    Fort Wayne, IN
    Price: $5,350,000
    Size: 33,100 sqft
    Cap Rate: 9.05%

  • Howard Johnson Rockford

    Howard Johnson Rockford

    Hotel/Motel

    Rockford, IL
    Price: $1,050,000
    Size: 01 sqft
    Size: 102 units
    Cap Rate: 17.07%

  • Comfort Suites

    Comfort Suites

    Hotel/Motel

    Delavan, WI
    Size: 113,038 sqft
    Size: 80 units
    Cap Rate: 12.41%

  • The Plaza Hotel & Suites Wausau

    The Plaza Hotel & Suites Wausau

    Hotel/Motel

    Wausau, WI
    Price: $1,950,000
    Size: 149,549 sqft
    Size: 225 units
    Cap Rate: 12.97%

  • Southland Inn and Suites

    Southland Inn and Suites

    Hotel/Motel

    Markham, IL
    Price: $1,863,750
    Size: 46,635 sqft
    Size: 57 units
    Cap Rate: 12.34%