Mumford Company, a full-service hotel advisory firm since 1978, was pleased to have represented Jigna Enterprises Inc. in the sale of the Red Roof Inn of Temple, Texas to Relianse Global. Ryan Patterson and Justin Pinkard both worked on this transaction to get it closed. The Red Roof was underperforming the STR comp set significantly, so Relianse expects to complete the PIP as well as change Continue Reading about Red Roof Inn – 400 SW H. K. Dodgen Loop Temple, TX 76504
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HAMPTON INN – 308 Sunrise Blvd, Debary DeBary FL, 32713
Mumford Company, a full-service hotel advisory firm since 1978, was pleased to announce the successful closing of the Hampton Inn of Debary, Florida. Steve Kirby, Managing Principal in the firm’s Atlanta office and Ed James Managing Principal the firm’s Newport News office, represented the sellers, Central Florida Hotel Investment Group, a closely-held entity of HDG Hotels. Ocala-based HDG is a Continue Reading about HAMPTON INN – 308 Sunrise Blvd, Debary DeBary FL, 32713
Hampton Inn and Suites-7660 Memorial Boulevard Port Arthur, TX 77642
Mumford Company, a full-service hotel advisory firm since 1978, was pleased to announce the successful closing of the 72-unit Hampton Inn & Suites of Port Arthur, Texas. The property was sold via Ten-X platform where over 20 prospects qualified to bid and 7 participated in the process. Steve Kirby, Managing Principal in the firm’s Atlanta office, Ed James Managing Principal in the firm’s Continue Reading about Hampton Inn and Suites-7660 Memorial Boulevard Port Arthur, TX 77642
Residence Inn – 3900 Coleman Crossing Circle Paducah, KY 42001
Mumford Company announces another completed transaction, the Residence Inn by Marriott of Paducah, Kentucky. Mumford Company has now completed six transactions on behalf of the selling group, Musselman Hotels. OM Hospitality, LLC, a lodging owner and operator in the Southeast and Midwest, purchased the 74-unit hotel. The purchasers plan significant renovation and will retain the hotel’s Continue Reading about Residence Inn – 3900 Coleman Crossing Circle Paducah, KY 42001
ECONO LODGE EAST – 6311 MacCorkle Avenue SE Charleston, WV 25304
Mumford Company was pleased to represent Kanti, Inc.in the sale of the Econo Lodge of Charleston West Virginia. The purchaser, 6311 CHS WV, LLC is a regional owner and operator of hotels and plans to convert the property to an alternate franchise after mainly cosmetic renovations. Mumford Company managing principles Ed James and Steve Kirby represented the seller in the transaction. About Continue Reading about ECONO LODGE EAST – 6311 MacCorkle Avenue SE Charleston, WV 25304
Hampton Inn & Suites – 3330 Clay St Vicksburg MS, 39183
Mumford Company, a full-service hotel advisory firm since 1978, was pleased to once again represent affiliates of Inn Serve Corporation in the sale of the Hampton Inn & Suites of Vicksburg, Mississippi to an affiliate of Wealth Hospitality. This was the last hotel in the Inn Serve portfolio and brings to a close this family's very successful 60+ year run in the lodging business. David Mumford and Continue Reading about Hampton Inn & Suites – 3330 Clay St Vicksburg MS, 39183
Comfort Suites – 130 Workshop Ln US 17 N Jacksonville NC, 28546
Mumford Company, a full-service hotel advisory firm since 1978,was pleased to represent Bholebaba, Inc in the sale of the Comfort Suites of Jacksonville NC. The purchaser, Rohit, LLC is a regional hotel owner and operator who will continue to operate the 72 unit all suite property after minimal cosmetic renovations. Ed James and Steve Kirby, both Managing Principals of Mumford Company represented Continue Reading about Comfort Suites – 130 Workshop Ln US 17 N Jacksonville NC, 28546
Hampton Inn-878 Hard Road Webster NY, 14580
Mumford Company, a full-service hotel advisory firm since 1978, is pleased to represent an affiliate of Essex Hotel Management in the sale of the Hampton Inn Webster of Rochester, New York to Blue Crystal Hospitality, LLC, an affiliate of Navika Capital Group. The buyers plan to renovate this 90 key property to meet Hampton Inn brand standards and build on the solid business based established by Continue Reading about Hampton Inn-878 Hard Road Webster NY, 14580
