Ownership
-
HREC Arranges Sale of the Hampton Inn & Suites Jekyll Island
HREC Investment Advisors announced Tuesday it has arranged the sale of the 138-guestroom Hampton Inn & Suites Jekyll Island located on over 5 acres of beachfront land along the Atlantic Ocean on Jekyll Island, Georgia. The property was acquired by…
-
Black Swan Acquires Lyric Hospitality to Expand Luxury Rental Reach
Black Swan Holdings LLC, has acquired the Lyric brand, according to a press release. The move was made to complement the real estate strategy of its asset manager, Black Swan Asset Management LLC, which launched earlier this year and raises…
-
Hunter Hotel Advisors Announces Sale of Chicago and Minneapolis Four-Property Portfolio
ATLANTA – Hunter Hotel Advisors announced the sale of four institutionally-branded assets in Chicago and Minneapolis. Minnesota-based Marquee Hospitality and Endeavor Hotels Inc. of Oakbrook Terrace, Illinois, purchased the portfolio for an undisclosed amount from Summit Hotel Properties. Spencer Davidson,…
-
Hunter Hotel Advisors Announces Sale of Four Hilton-Branded Hotels
ATLANTA – Hunter Hotel Advisors (HUNTER) announced the sale of four Hilton-branded assets throughout Huntsville and Auburn/Opelika, Alabama. Tim Osborne and Trey Scott, Senior Vice Presidents of HUNTER, advised the institutional seller. Together, the portfolio provides 361 rooms in high-growth…
-
HREC Arranges Sale of the Best Western University Inn & Park Plaza Self Storage
HREC Investment Advisors announced today it has arranged the sale of the 117-guestroom Best Western University Inn and 111-unit Park Plaza Self Storage located near the University of Alabama in Tuscaloosa, Alabama. The property was acquired by a private buyer…
-
Shaner Hotels Acquires 86-Room Hampton Inn & Suites by Hilton Hershey in Pa.
HERSHEY, PA. — Shaner Hotels today announced the acquisition of the 86-room Hampton Inn & Suites by Hilton Hershey in Pennsylvania. Shaner also will operate the property and plans to implement $1.2 million in renovations to completely remodel guest rooms.…