Phoenix-based Hospitality Capital Partners (HCP) along with its equity partner National Property Advisors have acquired a portfolio of five hotels totaling more than 665 rooms from Service Properties Trust (SVC) for $72 million as part of a larger NPA transaction. The transaction, which closed on Dec. 4, expands HCP’s footprint in key Arizona markets, including Metropolitan Phoenix and Flagstaff.

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The portfolio consists of strategic high-demand locations that demonstrate durable value, including Sonesta Select Phoenix Chandler, Sonesta Select Tempe Downtown, Sonesta ES Suites Tempe, Sonesta ES Suites Flagstaff, and Sonesta ES Suites Scottsdale Paradise Valley. With this transaction, HCP’s portfolio now exceeds 1,500 rooms. With t

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