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Mumford Company | Trusted Hotel Advisors Since 1978

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Rodeway Inn East – 1051 Eastern Boulevard Montgomery AL, 36117

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Mumford Company, a full-service hotel advisory firm since 1978, is pleased to represent Balaji Hotel, LLC. in the sale of the Rodeway Inn East Montgomery, Alabama to IPD Hospitality, Inc., as receiver for Arthav, LLC. David B. Mumford, Senior Principal in the firms Newport News, VA Headquarters, along with Burton Brooks, Principal in Mumford’s Atlanta office, represented the seller in the Continue Reading about Rodeway Inn East – 1051 Eastern Boulevard Montgomery AL, 36117

Econo Lodge on the Ocean – 2707 Atlantic Ave, Virginia Beach VA, 23451

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Mumford Company was pleased to once again represent a local family ownership group in the sale of the Econo Lodge on the Ocean in Virginia Beach, Virginia to Ocean 27th, LLC. This is the third property sale that Mumford has completed for this group over the past 20 years and is their last hospitality investment. The new owners plan to operate the property as an independent boutique property for Continue Reading about Econo Lodge on the Ocean – 2707 Atlantic Ave, Virginia Beach VA, 23451

Hilton Garden Inn – Tupelo MS

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Mumford Company, a full-service hotel advisory firm since 1978, is pleased to announce the recent sale of the Hilton Garden Inn of Tupelo, MS. This transaction was facilitated for an affiliate of Peachtree Hotel Group. This was the second transaction by Mumford on behalf of PHG in recent years. The deal required buyer assumption of a CMBS loan. The purchaser was 363 Tupelo, LLC, an affiliate Continue Reading about Hilton Garden Inn – Tupelo MS

Econo Lodge – 865 North Military Highway Norfolk VA, 23502

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Mumford Company represented affiliates of Allen Management in the sale of the Econo Lodge of Military Highway in Norfolk, Virginia to OMAARAV Lodging, LLC. This was the 13th transaction that Mumford has facilitated for the sellers over the past 2 years and the final piece in a multiyear, multi-unit disposition program. The purchasers are regional owner/operators who plan to make renovations to Continue Reading about Econo Lodge – 865 North Military Highway Norfolk VA, 23502

Sheraton Hotel Louisville Riverside – 700 West Riverside Drive Jeffersonville IN, 47130

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Mumford Company, a full-service hotel advisory firm since 1978, was pleased to once again represent affiliates of Sotherly Hotels, Inc. in the sale of the Sheraton Louisville Riverside Hotel located in Jeffersonville, Indiana. The purchaser, Riverside Hotel, LLC, is a partnership of two multi-unit hotel ownership groups with holdings across the eastern half of the US, including several existing Continue Reading about Sheraton Hotel Louisville Riverside – 700 West Riverside Drive Jeffersonville IN, 47130

Best Western Historic District – 351 York Street Williamsburg VA, 24361

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Mumford Company, a full-service hotel advisory firm since 1978, was pleased to represent 351 York St., LLC in the sale of the Best Western Historic District in Williamsburg Virginia. The purchaser, Swaminarayan, LLC, is a regional hotel owner and operator with several properties in central Virginia and upstate New York. After mainly cosmetic renovations, the 140 unit property will remain a Best Continue Reading about Best Western Historic District – 351 York Street Williamsburg VA, 24361

Microtel Inn – 8100 Peach St.Erie PA, 16509

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Mumford Company, a full-service hotel advisory firm since 1978, was pleased to announce the recent short sale of the 97 room Microtel Inn of Erie, Pennsylvania. Mumford’s George Arvanitis (Chicago), Steve Kirby (Atlanta) Ed James (Newport News), and Justin Pinkard (Washington, DC) represented the seller, Starways Property, LLC. in this transaction, it’s the third transaction with this group. The Continue Reading about Microtel Inn – 8100 Peach St.Erie PA, 16509