Press Releases
Marcus & Millichap Brokers Dallas Hospitality Asset Sale
February 17, 2026
DALLAS, Feb. 17, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Residence Inn Dallas at The Canyon, a 103-room upscale extended- stay hotel in Dallas, Texas.
“Extended-stay hotels continue to attract sophisticated investors due to their operational resilience and consistent performance,” said Chris Gomes, executive managing director investments in Marcus & Millichap’s Dallas office. “The successful sale of Residence Inn Dallas at The Canyon reflects the depth of capital targeting institutional-quality hospitality assets in growing Sun Belt markets.” Gomes and Allan Miller of Marcus & Millichap represented the seller, Dallas-based Atlantic Hotel Group. Clayton M. Hill and Gordon Allred of Marcus & Millichap procured the buyer, Jean Valjean LLC, a private investor group.
Residence Inn Dallas at The Canyon is a four-story, extended-stay property located just off Interstate 30 at 3425 Canyon Bluff Boulevard. Shopping and dining are close by in the Bishop Arts District and the Trinity Groves development, and AT&T Stadium is within a short drive.
Built in 2018, the hotel has an outdoor swimming pool, fitness center, business center, and a convenience store. The studios and one-bedroom suites have kitchens, complimentary wi-fi, and mobile keys.
“Extended-stay hotels continue to attract sophisticated investors due to their operational resilience and consistent performance,” said Chris Gomes, executive managing director investments in Marcus & Millichap’s Dallas office. “The successful sale of Residence Inn Dallas at The Canyon reflects the depth of capital targeting institutional-quality hospitality assets in growing Sun Belt markets.” Gomes and Allan Miller of Marcus & Millichap represented the seller, Dallas-based Atlantic Hotel Group. Clayton M. Hill and Gordon Allred of Marcus & Millichap procured the buyer, Jean Valjean LLC, a private investor group.
Residence Inn Dallas at The Canyon is a four-story, extended-stay property located just off Interstate 30 at 3425 Canyon Bluff Boulevard. Shopping and dining are close by in the Bishop Arts District and the Trinity Groves development, and AT&T Stadium is within a short drive.
Built in 2018, the hotel has an outdoor swimming pool, fitness center, business center, and a convenience store. The studios and one-bedroom suites have kitchens, complimentary wi-fi, and mobile keys.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
