Adam Montufar, senior associate with Paramount Lodging AdvisorsChicago LLC, represented Infinity in the sale, with RobertChvalovsky, of W-W Real Estate, representing the seller.

The hotel is 10 miles from Chicago O'Hare International Airport,Montufar says. "For this type of product, there's a decent amountof demand and there isn't extensive hotel product in the immediatearea," Montufar tells GlobeSt.com. "At this point, Addison is amarket comfortable with its hotel space - not oversupplied orsaturated."

The sellers, a married couple, developed the hotel in 1999 andheld it for the past nine years. Montufar says the Hilton is anideal first hotel acquisition for Infinity. "They saw this as anice first step into Hilton product," Montufar says. "There's not alot of realistic opportunities out there right now to acquire,especially given the market. They saw this as a solid investment,with a manageable room number, that met their criteria."

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