Mumford Company, a full-service hospitality brokerage advisory firm, has completed the sale of the Tru by Hilton Rockwall Dallas in Rockwall, TX.
“It was our pleasure to have once again had the opportunity to represent McNeill family interests in the sale of the Tru by Hilton,” said David Mumford, senior principal, Mumford Company. “For more than 30 years, across many transactions as both sellers and buyers, we have enjoyed working with Mr. McNeill, his family, and investor groups to assist them in successfully accomplishing their hospitality investment objectives and look forward to more opportunities in the future.”
The 98-room Tru by Hilton Rockwall Dallas is near Lake Ray Hubbard and the Harbor District, as well as the Buffalo Creek Golf Club, Rockwall Indoor Sports Expo and Texas Presbyterian Hospital. The property was built in 2020 and features a fitness center, business center, free hot breakfast and a heated outdoor pool with patio seating.
“The purchasers were affiliates of an Alabama-based developer with multiple holdings in the Sun Belt states,” said Steve Kirby, managing principal, Mumford Company. “This was our fifth sale to the group. Repeat business is the best business.”
About Mumford Company:
Mumford Company was established in 1978 to provide top quality hotel brokerage services and has a team of brokerage professionals with broad experience in all aspects of lodging acquisitions, development, consulting and operations. They represent sellers of most major brands in markets throughout the country, and their diverse background allows them to have an awareness of key opportunities within the marketplace, so they can accurately position their client’s assets to maximize their investment results. The firm has an experienced sales team in regional offices across the country, including Newport News, Virginia; Atlanta, Georgia; Chicago, Illinois; Dallas, Texas, Washington DC, and Tampa, Florida. Their track record of success for buyers and sellers have made Mumford Company a leader for the last 41 years while upholding the values of the company from when it first began. For more information or to put the Mumford Company team to work for you, please contact Mumford at 757-873-0962, or by e-mail at sales@mumfordcompany.com.