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
recentsales
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
Rodeway Inn East – 1051 Eastern Boulevard Montgomery AL, 36117
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
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
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
New Orleans Inn – 608 US-61 Portageville MO, 63873
Mumford Company, a full-service hotel advisory firm since 1978, was pleased to represent AARTI, Inc, a Tennessee based corporation in the sale of the 25 room, 2 story, New Orleans Inn. The purchaser, Stealth Invest, LLC, a Nevada based company, with this acquisition makes the 3rd hotel property in their portfolio. Continue Reading about New Orleans Inn – 608 US-61 Portageville MO, 63873








