Ownership
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Sage Hospitality Group Welcomes The Pierside in Santa Monica to Growing Portfolio of Independent Hotels
DENVER – Sage Hospitality Group announced today the recent addition of The Pierside Hotel (The Pierside) in Santa Monica, Calif., to the company’s portfolio of more than 110 hotels, restaurants and entertainment venues in 14 states. The Pierside joins the Sage…
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HREC Arranges Sale of the DoubleTree Suites by Hilton in Huntsville, Alabama
HREC Investment Advisors is pleased to announce it has arranged the sale of the 149-room all-suite DoubleTree Suites Huntsville South Hotel located in Huntsville, Alabama. The purchaser was Gate 1, LLC, an affiliate Aurora Capital, Brewer Realty and LRC2 Properties,…
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HREC Arranges Sale of the TownePlace Suites by Marriott Charlotte-Arrowood
HREC Investment Advisors is pleased to announce it has arranged the sale of the 94-room Towne Place Suites by Marriott Arrowood-Charlotte located in Charlotte, North Carolina. HREC Investment Advisors exclusively represented 3H Group, Inc. on this transaction. Headquartered in Chattanooga,…
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Sale of Landmark Hotel on New York City’s East Side Closes
NEW YORK CITY – JLL’s Hotels & Hospitality Group announced today that it has closed the sale of 525 Lexington Ave., a 35-story, 655-key, full-service hotel in New York City’s Midtown East neighborhood. The parties have agreed to not disclose…
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Sale of Three Independent Hotels in New England Closes
JLL’s Hotels & Hospitality Group Closed the Sale of the Leisure Hotel Portfolio Totaling 169 Keys
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HREC Arranges Sale of the Hampton Inn by Hilton Ann Arbor South
HREC Investment Advisors is pleased to announce it has arranged the sale of the 149-guestroom Hampton Inn Ann Arbor South located in Ann Arbor, Michigan. The property was acquired by an affiliate of the Bacall Companies. HREC Investment Advisors exclusively…