Berkadia Hotels & Hospitality has been exclusively retained to offer for sale the fee simple interest in the 127-key Residence Inn Philadelphia Great Valley/Malvern (the “Hotel,”“Asset,” “Property,” or “Residence Inn”). Having been purpose-built in April 2016 with premium steel and masonry construction, the Residence Inn is the newest hotel in the competitive set (21 years newer than the average age of the competitive set), 18 years newer than the only other premium-branded extended-stay hotel in the submarket (Homewood Suites), and benefits from a best-in-class extended-stay flag with a superior all-suite product offering. As a result of these differentiating characteristics, coupled with a prominent, highly accessible suburban office hub location along the bustling Pennsylvania Turnpike (550k VPD), the Asset has demonstrated the consistent ability to significantly outperform the submarket and realize exceptional market share (140%), with attainable top-line performance growth potential with a minor PIP implementation (a potential buyer will have 36 months to complete the PIP and build reserves - see PIP in the data room). Moreover, although the Asset benefits from strong in-place cash flow (35.8% NOI margin), there remains attainable margin efficiency upside with management optionality. The Hotel is being offered fee simple, non-union, and unencumbered of management.
The Residence Inn Philadelphia Great Valley/Malvern represents a rare opportunity to acquire a 2016-vintage, Marriott-affiliated, extended-stay flag, with market-leading top-line performance, attainable revenue growth initiatives, and impressive in-place cash-flow. The submarket boasts a robust corporate, medical, and pharmaceutical base of demand that features 14.8 million square feet of office space within a five-mile radius and houses major corporate tenants such as Vanguard (115-acre HQ campus), Johnson & Johnson, Microsoft, Teva Pharmaceutical, Endo Pharmaceutical (HQ), Siemens, and Saint-Gobain (HQ). Coupled with a dynamic location 30 minutes northwest of downtown Philadelphia (43 million annual visitors), proximity to the King of Prussia Mall (20 million annual visitors), Villanova University (10,100 students), and West Chester University (+17,000 students), a world-class reservation and rewards system of more than 228 million members (Marriott Bonvoy), minimal required going-in capital, and no new supply under construction, the Asset presents a highly compelling investment opportunity that is posied to deliver outsized returns to potential investors.
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10 General Warren Blvd, Malvern, PA 19355
THE OFFERING
PHOTO GALLERY
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2025 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
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DAN HAWKINS
Managing Director
240.204.5139
dan.hawkins@berkadia.com DC License #SP200201313
JUSTIN STORER
Real Estate Analyst
774.275.7833 justin.storer@berkadia.com DC License #SP40003037
Michael Black
Real Estate Analyst 312.845.8575 michael.black@berkadia.com IL License #475211643
H&H Investment Sales:
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THE HOTEL
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Spring 2019: Broke ground
November 2022: Hotel delivered
January 2023: Affiliate of the developer filed for Chapter 11 bankruptcy due to COVID impact and cost overruns, limiting the ability for the Asset to properly stabilize with a fully invested owner/management team due to financial and operational distress
April 2024: Lender purchased the Property at foreclosure auction.
Asset History/Timeline:
Steven Vazquez
Senior Director 646.432.7494 steven.vazquez@berkadia.com NY License # 10401206576
JAKE PIETRAS
Associate Director
410.940.9497 jake.pietras@berkadia.com MD License #5003787
Connor Wimsatt
Associate Director 240.204.5138 connor.wimsatt@berkadia.com
Financing:
Connor Wimsatt
Associate Director
240.204.5138 connor.wimsatt@berkadia.com
Ethan Wagner
Senior Real Estate Analyst
814.574.7376 ethan.wagner@berkadia.com
797 SF + prefunction space with sweeping views of the city and Hotel’s rooftop garden (located on the 14th story penthouse)
Meeting & Event Space
Indoor pool, business center, fitness center, complimentary Wi-Fi, mobile key
Additional Amenities
Complimentary hot breakfast, conveinience store, grocery shopping service
Food & Beverage
247
Guestrooms
0.76 Acres
Land Area
66,000 SF
Building Area
APRIL 2016
Vintage
Unencumbered (currently Gulph Creek Partners)
Management
#4 of 16 hotels in Cranberry Township
residence inn philadelphia
great valley/malvern
300 spaces ($4/day)
Surface Parking
THE LOCATION
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City Center
Mount Vernon Triangle
non-union
Labor
FEE SIMPLE
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The Hotel
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10 general warren blvd, malvern, pa 19355
14
Stories
#4 of 16 hotels in Cranberry Township
Michael Weinberg
Managing Director 321.319.1419 michael.weinberg@berkadia.com
Purpose-built, 2016-vintage hotel with a superior all-suite product offered at an attractive basis well-below replacement cost
Fee simple, non-union, and unencumbered of management
Exceptional in-place top-line performance with RevPAR growth upside
Outstanding realized cash-flow with attainable margin efficiency upside and management flexibility
Best in-class brand and loyalty program (Marriott Bonvoy) with long-term FLA available
Favorable supply story with no new hotels under construction
Dynamic suburban office hub location with proximity to a diverse demand profile
Highly accessible positioning along the bustling Pennsylvania Turnpike, offering seamless connectivity to key regional demand drivers and downtown Philadelphia
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Matt Raptosh
Managing Director 814.470.9983 matt.raptosh@berkadia.com
Residence Inn Philadelphia Great Valley/Malvern
April 2036
Current FLA Expiration
Steel and Masonry
Construction
4
Stories
440 SF (1 event room – 30-person capacity)
Meeting Space
Andy Wimsatt
Senior Managing Director
Head of Hotels
301.529.6057 andy.wimsatt@berkadia.com MD License # 371388
Matt Raptosh
Managing Director
814.470.9983 matt.raptosh@berkadia.com
Michael Weinberg
Managing Director 321.319.1419 michael.weinberg@berkadia.com
Ethan Wagner
Senior Real Estate Analyst
814.574.7376 ethan.wagner@berkadia.com
Connor Wimsatt
Associate Director
240.204.5138 connor.wimsatt@berkadia.com
Chester County
Population growth in Chester County accounted for nearly 31% of all population growth in the Philadelphia metro area between 2020 and 2024.
Added 26,300 residents from 2020 to 2024.
The region has seen a surge in new single-family home construction over the past few years.
Population (2024): 555,893.
Projected population (2029): 572,383 (3.0% increase).
$1.4 billion economic impact in 2022.
Contains 8 of the Top 25 Best Towns to live in Pennsylvania – Niche 2024.
Philadelphia MSA
Population (2024): 6.4 million.
Projected population (2029): 6.5 million (2.2% increase).
42.9 million visitors in 2023.
$7.6 billion visitor spending in 2023.
$12.4 billion economic impact in 2023.
Johnson & Johnson
71,200 SF occupied.
430 employees.
vanguard
+20,000 employees countywide.
115-acre corporate headquarters campus.
Katelyn Reynolds
Associate Director 213.399.3390 katelyn.reynolds@berkadia.com
Broker of Record
MN License #40475251
pete evans
Michael Black
Real Estate Analyst 312.845.8575 michael.black@berkadia.com IL License #475211643
127
Suites
In-house
Laundry
Vanguard
Teva Pharmaceutical
410 employees.
Six-building research and development campus.
Spans 314,000 SF of space.
The global firm boasts a cabinet of more than 1,800 medicines across a range of product types, ranging from API, generics, and over the counter medicine, to specialty and biologics.
Endo Pharmaceutical
300,000 SF headquarters.
750 employees.
Saint-Gobain Headquarters
65-acre North American headquarters campus.
800 employees.
Neuronetics
32,000 SF occupied.
200 employees.
Siemens
126,000 SF occupied.
840 employees.
The Greater Philadelphia Expo Center & Fairgrounds
Versatile venue hosting a wide range of events, including trade shows, conventions, and fairs.
+140 annual events.
240,000 SF of indoor entertainment space.
Five acres of fairgrounds.
Great Valley Corporate Center
Encompasses 9 buildings.
Home to over five million SF of office and R&D space.
CHOP King of Prussia Hospital
$289 million hospital delivered in 2022.
250,000 SF.
104 hospital beds.
24-hour emergency department.
CHOP Paoli Hospital
Level II Trauma Center.
249 hospital beds.
44-acre site.
More than 1,500 trauma patients a year.
MEDICAL
Immaculata University
373-acre campus.
+2,400 students enrolled in fall 2024.
+60 undergraduate programs.
+40 graduate programs.
West Chester University
406-acre campus.
17,171 students enrolled for the fall 2024 semester.
EDUCATION
Longwood Gardens
1,100-acre area.
+1.5 million annual visitors.
32,000 SF glasshouse.
4.5-acre conservatory.
Phoenixville Foundry
18,000 SF of flexible indoor and outdoor event space.
3,000 SF ballroom.
600-guest capacity.
LEISURE
American Helicopter Museum & Education Center
35,000 annual visitors.
350-seat theater.
250-seat banquet hall.
400-seat reception area.
Brandywine River Museum
100,000 annual visitors.
+20,000 SF of gallery display space.
1,200 SF of meeting space.
King of Prussia Mall
+20 million annual visitors.
2.9 million SF shopping mall.
Second-largest shopping center in the nation.
+450 tenants.
Notable tenants include Bloomingdale’s, Lord & Taylor, Neiman Marcus, Gucci, Bottega Veneta, Apple, Forever 21.
Valley Forge Casino
Only full-amenity gaming resort in the region.
40,000 SF of gaming space.
100,000 SF of meeting, conference, and banquet facilities.
+850 slot machines, +50 table games, 6 restaurants.
Valley Forge National Historical Park
2.1 million annual visitors.
3,500 acres.
21 miles of biking trails.
28 miles for hiking and running.
+10 exhibits & museum collections.
Paoli Battlefield Historical Park
44-acre public park located in Malvern.
Preserves the site of the 1777 Battle of Paoli, a significant Revolutionary War conflict.
Jenkins Arboretum & Gardens
48-acre botanical garden.
Serene gardens dedicated to preserving native flora and featuring diverse plant collections, woodland trails, and vibrant seasonal displays.
Treehouse World
14 wooded acres.
13 treehouses.
Three zipline adventures.
Ryan Lindgren
Managing Director 312.845.1884 ryan.lindgren@berkadia.com IL License #475180379
Ethan Wagner
Senior Real Estate Analyst 814.574.7376 ethan.wagner@berkadia.com
Residence Inn Philadelphia Great Valley/Malvern
10 General Warren Blvd, Malvern, PA 19355
VILLANOVA UNIVERSITY
+10,100 students.
260-acre campus.
#58 best National University in the U.S. - U.S. News & World Report.
vanguard