Address: Charlotte
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State: NC
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The Mumford Company represented the David Drye Company in the sale of the Mainstay Suites of Charlotte, NC. The sale was structured by Ed James and George Mumford of the Mumford Company’s headquarters in Newport News, Virginia for an undisclosed price. This 77 unit extended stay property was purchased by The Generation Companies of Raleigh, NC one of nation’s largest owners and operators of mid market extended stay hotels. The seller, David Drye Company, is a regional developer of hotels and apartments. After mainly cosmetic renovations, the property will remain affiliated with Mainstay Suites.
Celebrating their 30th anniversary in 2008, the Mumford Company is a proven leader in the field of hotel real estate brokerage. The firm’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 or to view current listings, please visit our Exclusive Listings Page for detailed information on any of our exclusive listings or contact (757) 873-0962
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