Address: 8240 North Davis HighwayPensacola
City:
State: FL
ZIP: 32514
Rooms #: 143
Additional Features:
LPTO Trust has acquired from GE Capital the former America’s Best Value hotel in Pensacola, FL. Mumford Company represented GE Capital Franchise Finance on the sale of the closed hotel. The property will be reopened by LPTO following renovations and conversion to multi-family use.
Mike Francis with Mumford Company’s Dallas, TX office and David Mumford with the Newport News, VA office facilitated the transaction between GE Capital Franchise Finance and LPTO Trust. This was the 30th property transaction for Mumford Company in 2009.
A proven leader in the field of hotel real estate brokerage, Mumford Company’s commitment to results-oriented customer service has yielded outstanding client results year after year. As a specialist in mid-market assets, Mumford Company has structured the sale of hundreds of hotels in the past five years alone, representing a wide array of owners and investors. For more information, please call (757) 873-0962.
