Mumford Company is pleased to announce the sale Best Western Kilmarnock Hotel on behalf of HIExpectations, LLC. The new owner is a well-established hotelier based in Virginia, with several hotels in the region. The property will continue its success under the Best Western flag after cosmetic updates. David Mumford, Senior Principal in the firm’s Newport News Headquarters, along with Justin Continue Reading about Best Western Kilmarnock Hotel – 599 North Main Street Kilmarnock, VA 22482
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Red Roof Inn & Suites – 14201 Cook Rd Biloxi, MS 39532
Mumford Company was pleased to have represented S &P, LLC. in the recent sale of the Red Roof Inn & Suites in Biloxi, Mississippi. This was Mumford Company’s third transaction involving members of the group. Steve Kirby and Burton Brooks Principals in the firm’s Atlanta office, along with Ed James, Principal in the firm’s Newport News, Virginia headquarters and Gaurang (G.R.) Patel, Sales Continue Reading about Red Roof Inn & Suites – 14201 Cook Rd Biloxi, MS 39532
Courtyard by Marriott – 1125 Fort Congaree Trail, Cayce SC, 29033
Mumford Company was pleased to represent an affiliate of Raines Co. in the recent sale of the Courtyard by Marriott in the Columbia suburb, Cayce, South Carolina. Raines Co., a multi-unit lodging and resort developer, owner, and operator, will continue to manage the property in a short-term arrangement. Steve Kirby and Ed James, Mumford Company Managing Principals, represented the Seller in the Continue Reading about Courtyard by Marriott – 1125 Fort Congaree Trail, Cayce SC, 29033
Candlewood Suites – 5113 Plaza Dr. Hopewell, VA 23860
Mumford Company was pleased to represent Nav Yuga Hospitality, LLC, in the sale of the Candlewood Suites in Hopewell, Virginia to Hopewell Hospitality LLC. Ed James and Steve Kirby, Managing Principals, represented the Seller in the transaction. The purchaser, a Virginia based hotel owner, operator, and developer plans to renovate the property and continue its affiliation with the Candlewood Continue Reading about Candlewood Suites – 5113 Plaza Dr. Hopewell, VA 23860
Courtyard by Marriott – 4811 E Johnson Ave, Jonesboro AR, 72401
Mumford Company, a full-service hotel advisory firm since 1978, was pleased announce the successful closing of the Courtyard by Marriott of Jonesboro Arkansas. Mumford’s Steve Kirby and Ed James, the firm’s Managing Principals, and George Arvanitis, Managing Director- Midwest, represented Hunt Properties of Jonesboro, LLC in the sale. The purchaser was McCain Lodging Jonesboro, LLC. Both seller Continue Reading about Courtyard by Marriott – 4811 E Johnson Ave, Jonesboro AR, 72401
Holiday Inn Express & Suites – 130 Holiday Drive Murphy, NC 28906
Mumford Company, a full-service hotel advisory firm since 1978, was pleased to represent Shri Hari Krupa, LLC. in the sale of the Holiday Inn Express Murphy, North Carolina. The purchaser, Mountain HIEX, LLC, is an affiliate of a North Carolina based owner/operator group. The Purchaser plans to complete the Formula Blue Product Improvement Plan and continue to operate the hotel as a Holiday Inn Continue Reading about Holiday Inn Express & Suites – 130 Holiday Drive Murphy, NC 28906
Red Roof Inn – 400 SW H. K. Dodgen Loop Temple, TX 76504
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
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
