![]() “There is an incredible amount of upside for this project,” says Quinn Palomino, CEO of Virtua Partners, “whether it be to the Winston-Salem community, the people who will be employed through construction and full-time hospitality jobs or the investors who chose to finance this project. The Courtyard is also significant because it is among the first hospitality projects in the country to be built as an Opportunity Zone development – a recent legislative program designed to stimulate local economies through long-term investment from private capital. ![]() ![]() The community is dialed-in on the hotel’s construction progress and anticipating opening day of the unique Courtyard by Marriott.” The new Courtyard in Winston-Salem will feature upscale accommodations and a rooftop bar overlooking the thriving downtown market. “Our experience in identifying opportunities and the ability to provide equity and debt solutions through our partnership makes us a force in acquisitions and development. ![]() “This transaction is a perfect example of what the strategic partnership between Hotel Equities and Virtua Partners was designed for,” said Joe Reardon, Hotel Equities’ chief development officer. As the home of Wake Forest University and numerous corporate headquarters including banking firm BB&T, Winston-Salem enjoys its status as both a college town and a business and medical hub. 4 th Street in the heart of Winston-Salem, the Courtyard will feature a rooftop bar with views of the surrounding downtown area. Hotel Equities is providing development services for the Courtyard through the construction process and will see it through completion. Hotel Equities and Virtua Partners joined forces last year to expand upon their current hospitality portfolio through new development and acquisition opportunities. Hotel Equities will manage the Marriott hotel in downtown Winston-Salem when it opens in Q1 2020. Free self parking is available onsite.SCOTTSDALE, AZ and ATLANTA, GA – (August 22, 2019) – Virtua Partners announced the purchase of a 126-room Courtyard by Marriott under construction in Winston-Salem, North Carolina. Business, Other Amenitiesįeatured amenities include complimentary wired Internet access, a business center, and express check-in. Quench your thirst with your favorite drink at a bar/lounge. You can enjoy a meal at a restaurant serving the guests of Courtyard by Marriott Winston-Salem University, or find a snack in a coffee shop/café. Additional features at this hotel include complimentary wireless Internet access, shopping on site, and a fireplace in the lobby. Take advantage of recreation opportunities including an outdoor pool and a 24-hour fitness center. ![]() Conveniences include phones, as well as safes and desks. Private bathrooms with shower/tub combinations feature complimentary toiletries and hair dryers. Complimentary wired and wireless Internet access keeps you connected, and cable programming provides entertainment. Make yourself at home in one of the 123 air-conditioned rooms featuring refrigerators and flat-screen televisions. This hotel is within close proximity of Reynolda Gardens and Reynolda House Museum of American Art. With a stay at Courtyard by Marriott Winston-Salem University in Winston-Salem, you'll be convenient to Lawrence Joel Veterans Memorial Coliseum and Wake Forest University. ![]()
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