Nabli Hospitality LLC bought the 97-key Holiday Inn Express & Suites Katy. The buyer is based in Granite City, Illinois. The seller is 21010 Katy Freeway LLC of Houston.
The hotel sits at 21010 Katy Freeway, Katy, Texas 77449. It was built in 2010.
HVS Brokerage & Advisory announced the sale on 19 October 2026 and represented the seller.
Two Earlier Marketing Runs
Ownership had taken the hotel to market before this transaction. HVS states that previous marketing by multiple brokerage firms produced no transaction.
Ownership then engaged HVS for a targeted disposition. The release frames the assignment around the hotel's in-place operating performance and the unrealized potential in the asset.
The Repositioning Ran on a Pro Forma
HVS positioned the opportunity on a pro forma basis. The release names local market performance data and comparable operating results as the support for a revenue and net operating income growth case.
HVS also worked with a local hotel management company on an independent operating projection. That projection went to prospective buyers inside the marketing.
The release reports meaningful investor interest and a diverse pool of qualified buyers. It gives no count of bids, no number of tours and no window for the campaign.
A First-Time Buyer
HVS describes the buyer as a first-time hotel investor. The release names the location, the limited near-term capital requirements and the chance to lift performance under experienced third-party management as the draw.
The buyer engaged the management company that HVS introduced during marketing. HVS reports that the buyer and that company worked together through due diligence.
Forty-Nine Days
The sale closed 49 days after contract execution. The release records no re-trades on the contract.
HVS reads the speed as evidence of the underwriting, the buyer and the marketing reach. The release lists Andrew Frosch, Matthew Omansky, Matt Almy and Ryan Boone as contacts for this sale and for other investment opportunities.
What the Release Leaves Out
The release states no sale price. It gives no capitalization rate, no per-key figure and no revenue or net operating income total.
It names no lender and no financing terms for the buyer. It gives no hold period and no exit assumption.
The pricing read on this sale stays open. A 97-key trade with a 2010 build date and a 49-day close carries a price that no party to the release has put on the record.
The Asset
The hotel trades under the Holiday Inn Express & Suites name at a single Katy Freeway address.
HVS states that the sale bridged the gap between historical performance and future value. It also states that the outcome creates liquidity for hospitality assets the wider investment community may pass over.