Dallas, TX – July 21, 2025 – RREAF Holdings, a privately held, vertically integrated real estate investment and development firm, announced today the successful disposition of WoodSpring Suites® in Missoula, Montana—a 122-room extended stay hotel. This marks the firm’s first sale from its extended stay platform since the platform’s founding in 2019. The hotel was sold to an institutional investment company as part of a greater portfolio, which proves RREAF’s ability to execute its investment strategy with the greatest potential outcome for investors.
Initially focused on acquiring beachfront and drive-to-leisure assets across the Sun Belt, RREAF expanded its hospitality platform in 2019 to include a programmatic extended stay development strategy. Since then, the firm has developed four extended stay properties across the U.S. under top-tier brand partnerships. The Missoula hotel was the first asset in the extended stay platform sourced and developed by RREAF located in the dynamic, growing outdoor recreation hub of Montana.
“This disposition is a testament to the proven scalability of our extended stay platform and value of extended stay assets in today’s market,” said Kip Sowden, Chairman and CEO of RREAF Holdings. “We remain committed to identifying and executing on opportunities throughout our platforms that create long-term value for our stakeholders.”
Completed in 2021, the four-story, 122-room property sits on 2 acres and provides convenient access to downtown Missoula, the University of Montana, Missoula International Airport, and several outdoor attractions including the Rattlesnake National Recreation Area and Snowbowl ski area. Designed for long-term guests, each suite includes a full kitchen, work and dining space, complimentary WiFi, flat screen TV, and ample storage.
About RREAF Holdings
Founded in 2010 and based in Dallas, RREAF Holdings is a privately held, vertically integrated commercial real estate firm. We specialize in the acquisition, development, financing, repositioning, and management of complex multifamily and hospitality assets across select Sun Belt markets. Backed by a proven track record, RREAF has completed more than 130 transactions and acquired/developed over 23,000 units/keys since inception. Today, the firm oversees more than 90 assets, representing approximately $4.6 billion AUM in various real estate asset classes across high-growth U.S. markets. For more information, please visit www.rreaf.com.
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SOURCE RREAF Holdings LLC
