HOUSTON, TX, November 18, 2025: HVS Brokerage & Advisory announces the sale of the Home2 Suites by Hilton Waco-Bellmead Development Parcel, located to the east of the intersection formed by Research Avenue and Interstate 35 (I-35) Frontage Road in Bellmead, Texas.
The parcel was purchased by Bellmead Hospitality LLC, based in Irving, Texas, from Lalani Lodging, Inc., based in Waco, Texas.
The property is favorably located near I-35, just north of Loop 340. Bellmead’s proximity to Waco, within a ten-minute drive, allows residents and visitors to enjoy a variety of tourism and leisure attractions nearby. Waco has become a tourist destination since the opening of the Magnolia Market at the Silos in 2015. While Baylor University remains the city’s primary economic anchor and a major driver of demand, Waco has experienced a diversification in industries over the past two decades. Corporate demand generators in the area include Mars Wrigley, L3Harris Technologies, TYMCO, Neighborly Brands, Texas State Technical College, Waco Regional Airport, Cargill, and Waco Convention Center. Leisure attractions include Waco Surf Water Park, McLane Stadium, Downtown Waco, Cameron Park Zoo, the Dr Pepper Museum, and the Texas Ranger Hall of Fame & Museum, as well as the Brazos River.
"This marks the second hotel development site sold by HVS this year, underscoring our depth of relationships and ability to execute across the full spectrum of hotel assets, from ground‑up developments to existing hotels in operation. Our team highlighted the strong revenue potential of the Waco submarket, and with the Hilton franchise affiliation, buyer interest was robust. We ultimately closed with a Dallas developer group and look forward to seeing the project come to life,” said Matthew Omansky, Senior Vice President of HVS Brokerage & Advisory.
HVS Brokerage & Advisory team members Eric Guerrero, Matthew Omanksy, Fadi Rawashdeh, Kyle Peterek, and Daneen Godinet participated in this transaction.
Media Contact:
Lizzette Casarin
Senior Marketing Director
[email protected]
+1 (720) 244-7620
The parcel was purchased by Bellmead Hospitality LLC, based in Irving, Texas, from Lalani Lodging, Inc., based in Waco, Texas.
The property is favorably located near I-35, just north of Loop 340. Bellmead’s proximity to Waco, within a ten-minute drive, allows residents and visitors to enjoy a variety of tourism and leisure attractions nearby. Waco has become a tourist destination since the opening of the Magnolia Market at the Silos in 2015. While Baylor University remains the city’s primary economic anchor and a major driver of demand, Waco has experienced a diversification in industries over the past two decades. Corporate demand generators in the area include Mars Wrigley, L3Harris Technologies, TYMCO, Neighborly Brands, Texas State Technical College, Waco Regional Airport, Cargill, and Waco Convention Center. Leisure attractions include Waco Surf Water Park, McLane Stadium, Downtown Waco, Cameron Park Zoo, the Dr Pepper Museum, and the Texas Ranger Hall of Fame & Museum, as well as the Brazos River.
"This marks the second hotel development site sold by HVS this year, underscoring our depth of relationships and ability to execute across the full spectrum of hotel assets, from ground‑up developments to existing hotels in operation. Our team highlighted the strong revenue potential of the Waco submarket, and with the Hilton franchise affiliation, buyer interest was robust. We ultimately closed with a Dallas developer group and look forward to seeing the project come to life,” said Matthew Omansky, Senior Vice President of HVS Brokerage & Advisory.
HVS Brokerage & Advisory team members Eric Guerrero, Matthew Omanksy, Fadi Rawashdeh, Kyle Peterek, and Daneen Godinet participated in this transaction.
About HVS Brokerage & Advisory
The Brokerage & Advisory division is a specialized group within HVS that offers services related to investment sales and capital markets, focused exclusively on the hospitality industry. With a global footprint and over 35 offices nationwide, HVS’s hospitality intelligence and extensive expertise will help you achieve the results you want.Media Contact:
Lizzette Casarin
Senior Marketing Director
[email protected]
+1 (720) 244-7620