Ownership
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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,…
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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…
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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…
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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.…
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HREC Arranges Sale of Holiday Inn Express & Suites Prattville South in Alabama
HREC Investment Advisors announced Monday the sale of the 80-guestroom Holiday Inn Express & Suites Prattville South located in Prattville, Alabama. The buyer was a joint venture between ACRE Holdings LLC, a Michigan-based start-up hotel acquisitions platform and Harmony Hospitality…
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Hunter Hotel Advisors Announces Sale of Fairfield Inn & Suites Tampa Fairgrounds Casino
ATLANTA – Hunter Hotel Advisors announced the sale of the Fairfield Inn & Suites Tampa Fairgrounds Casino, Florida. IHRMC Hotels & Resorts purchased the 98-room hotel for an undisclosed price. HUNTER’s Tim Osborne and Trey Scott facilitated the sale on…