Mumford Company is pleased to announce the successful closing of the Best Western located in McAlester, Oklahoma. This transaction continued the strong finish in December, continuing a solid year of helping sellers and buyers achieve financial goals. G. R. (Gaurang) Patel, the firm’s Senior Associate in the firm’s Texas office, represented seller Friestad Revocable Trust, an Oklahoma-based family Continue Reading about Best Western – 1215 S George Nigh Expressway McAlester, OK 74501
recentsales
Holiday Inn Express – 2121 Riverside Drive Danville, VA 24540
Mumford Company was pleased to once again represent affiliates of Daly Seven, Inc in the sale of the Holiday Inn Express of Danville, Virginia to Mahant Danville LLC. The purchaser, a fast-growing regional hotel owner and operator plans to continue the IHG affiliation after mainly cosmetic renovations. Ed James, Steve Kirby, and Justin Pinkard, Mumford Company’s managing principals, represented Continue Reading about Holiday Inn Express – 2121 Riverside Drive Danville, VA 24540
Holiday Inn Express Crystal River FL
Mumford Company is pleased to announce another successful closing, the Crystal River, Florida Holiday Inn Express. This was the fifth transaction facilitated on behalf of the seller group, composed of HDG Legacy and Ark Hospitality. The buyers plan cosmetic renovations and will retain the IHG affiliation. Steve Kirby, Ed James and Justin Pinkard, Principals in the firm, represented the sellers in Continue Reading about Holiday Inn Express Crystal River FL
Days Inn – 931 West Broad Street Saint Pauls, NC 28384
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 Continue Reading about Days Inn – 931 West Broad Street Saint Pauls, NC 28384
Country Inn and Suites – Concord, NC
Mumford Company has brokered the sale of the Country Inn & Suites by Radisson, Concord (Kannapolis), NC. The transaction was facilitated for Chance Atlantic Hospitality LLC to ICARE Hospitality of Concord LLC. Managing Principals Steve Kirby, Ed James and Justin Pinkard, along with Lillian Walker, Sales Associate in the newly opened Philadelphia office, represented the Thailand-based seller Continue Reading about Country Inn and Suites – Concord, NC
Comfort Inn – Ferdinand, IN
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 Continue Reading about Comfort Inn – Ferdinand, IN
Best Western – Fredericksburg, VA
Mumford Company was pleased to once again represent the James M. Bowen Company in the sale of the Best Western of Fredericksburg, Virginia. This is the third sale over the past decade in which Mumford Company has had the privilege to represent the sellers. The buyers are a local investment group with hospitality and other business interests in the Fredericksburg area. They plan to make cosmetic Continue Reading about Best Western – Fredericksburg, VA
AmericInn 609 South George Nigh Expressway McAlester, Oklahoma 74501
Mumford Company was proud to represent Friestad Properties, LLC in the sale of the AmericInn of McAlester OK. Paratpar LLC, a Texas-based multi-property hotel owner, plans to renovate and reposition the property to better serve both commercial and leisure travelers. The transaction involved multiple challenges, including securing acquisition financing and navigation of extensive SBA loan and Continue Reading about AmericInn 609 South George Nigh Expressway McAlester, Oklahoma 74501
