The Mumford Company represented Woods Bay Lodging, LLC in the sale of the Hampton Inn of New Albany, Indiana (Louisville, MSA). The deal was facilitated by a collaboration of Steve Kirby of the Mumford Company’s Atlanta, Georgia office, Tom Sommer of the firm’s Chicago, Illinois office and Randy Lee of the firm’s Dallas, Texas location. The seller was an Indianapolis based, single lodging asset Continue Reading about Hampton Inn – New Albany IN
recentsales
Hampton Inn University/Midtown – Albuquerque NM
The Mumford Company served as exclusive advisor to ALBHI Limited Partnership in the recent sale of the Hampton Inn-University/Midtown of Albuquerque, New Mexico to Terrapin Investors, LLC. Lance Potter of the Mumford Company’s Chicago, Illinois office and Mike Francis of the firm’s Dallas, Texas location facilitated the transaction for an undisclosed amount. The purchaser, Terrapin Investors LLC, Continue Reading about Hampton Inn University/Midtown – Albuquerque NM
Suburban Extended Stay – Bartlett TN
The Mumford Company represented Legacy Lodging II, LLC in the sale of the Suburban Extended Stay of Memphis/Bartlett, Tennessee last week. The sale was facilitated by Steve Kirby of the Mumford Company’s Atlanta, Georgia office and Mike Francis of the firms’ Dallas, Texas location. The seller, an investor group from Atlanta was a single unit lodging owner with other diversified real estate Continue Reading about Suburban Extended Stay – Bartlett TN
Microtel Inn – Boardman OH
The Mumford Company is pleased to represent CSFB 1998-C2 Boardman Lodging, LLC in the sale of the Microtel Inn of Boardman, Ohio. The transaction was facilitated by David Mumford of the Mumford Company’s headquarters in Newport News, VA and Lance Potter of the firms’ Chicago, IL location. The purchasers, United Hospitality, LLC, will corporately manage the hotel. The 92-room Microtel Inn will be Continue Reading about Microtel Inn – Boardman OH
Ramada Inn – Bardstown KY
The Mumford Company was pleased to represent Krupa Capital Group in the sale of the Ramada Inn of Bardstown, Kentucky. The transaction was facilitated by Steve Kirby and Burton Brooks of the Mumford Company’s Atlanta, Georgia office. The sellers were a single lodging asset owner with other diverse commercial investments in the region. The purchasers, a Virginia based family investment group intend Continue Reading about Ramada Inn – Bardstown KY
Super 8 – Ankeny IA
The Mumford Company is pleased to represent Continental Management in the recent sale of the Super 8 of Ankeny, Iowa, to Aashay LLC, a Missouri based investor. The transaction was structured by David Mumford of the Mumford Company’s headquarters in Newport News, Virginia, Lance Potter of the firms’ Chicago, Illinois location and Randy Lee of the firms’ Dallas, Texas location. The purchaser plans Continue Reading about Super 8 – Ankeny IA
Corporate Suites – Burlington NC
The Mumford Company arranged the sale of the Corporate Suites of Burlington, North Carolina to Maniba, LLC. The seller was Corporate Suites of Burlington, LLC. The transaction was facilitated by Matt Winston of the Mumford Company’s office in Newport News, Virginia and Randy Lee of the firm’s Dallas, Texas location. The purchaser plans to continue to operate the property as an extended stay hotel Continue Reading about Corporate Suites – Burlington NC
Comfort Inn – Virginia Beach VA
The Mumford Company was pleased to have once again represented the Richardson Family interests in the recent sale of the Comfort Inn of Virginia Beach to La Quinta Acquisitions, LLC. The sale was structured by David Mumford of the firm’s headquarters in Newport News, VA and Randy Lee of the firm’s office in Dallas, TX. This is the second hotel transaction in which The Mumford Company had the Continue Reading about Comfort Inn – Virginia Beach VA
Microtel Inn – Columbus OH
The Mumford Company is pleased to announce the sale of the 92-room Microtel Inn in Columbus, Ohio. This transaction was structured on behalf of LNR Partners, a national financial services organization. The purchaser is Columbus based and plans on continuing to operate the property as a Microtel Inn. Celebrating their 30th anniversary in 2008, the Mumford Company is a proven leader in the field of Continue Reading about Microtel Inn – Columbus OH
Comfort Inn – 4424 Cleburne BoulevardDublin VA, 24084
Mumford Company was pleased to once again represent Supertel Hospitality in the sale of the Comfort Inn of Dublin, Virginia to Vrindavan Hospitality, LLC. This was the 33rd property that Mumford Company has sold on behalf of Supertel over the past 10+ years. The purchasers’ are experienced hotel operators’ in the Mid-Atlantic region who plan to make significant renovations to the property and Continue Reading about Comfort Inn – 4424 Cleburne BoulevardDublin VA, 24084
Super 8 – 603 Venture DriveMorgantown WV, 26503
Mumford Company was pleased to once again represent affiliates of Super 8 Motel Developers in the sale of the Super 8 Motel of Morgantown, West Virginia to Anami Hotels, LLC. This was the 14th hotel that Mumford Company has sold on behalf of this organization over the past decade. The Morgantown property is a very strong performer and in good physical condition. The purchasers, who are multi-unit Continue Reading about Super 8 – 603 Venture DriveMorgantown WV, 26503
Country Inn & Suites – 200 Raley RoadPort Wentworth GA, 21419
Mumford Company recently completed the sale of the Port Wentworth, GA Country Inn and Suites Savannah on behalf of SMS Hotels, Inc. The purchaser, Hayley Sheth Investments, LLC, utilized an SBA 7(a) loan facilitated by a national lender for the acquisition. The 61 room hotel will undergo renovations as required by the franchisor and retain the Country Inn & Suites brand affiliation. Ideally Continue Reading about Country Inn & Suites – 200 Raley RoadPort Wentworth GA, 21419
Lender Owned – 8240 North Davis HighwayPensacola FL, 32514
LPTO Trust has acquired from GE Capital the former America's Best Value hotel in Pensacola, FL. Mumford Company represented GE Capital Franchise Finance on the sale of the closed hotel. The property will be reopened by LPTO following renovations and conversion to multi-family use. Mike Francis with Mumford Company’s Dallas, TX office and David Mumford with the Newport News, VA office facilitated Continue Reading about Lender Owned – 8240 North Davis HighwayPensacola FL, 32514
Motel 6 West – 10524 West Markham StreetLittle Rock AR, 72205
A proven leader in the field of hotel real estate brokerage, Mumford Company’s commitment to results-oriented customer service has yielded outstanding client results year after year. As a specialist in mid-market assets, Mumford Company has structured the sale of hundreds of hotels in the past five years alone, representing a wide array of owners and investors. For more information, please call Continue Reading about Motel 6 West – 10524 West Markham StreetLittle Rock AR, 72205
Motel 6 – 215 West Birch StreetRussellville AR, 72802
The Mumford Company is pleased to have represented the Russell 6 Limited Partnership of Dana Point, CA in its sale of the Motel 6 in Russellville AR to Samarth LLC. The purchaser is a regional hotel owner who will operate the hotel under a long term license agreement with Motel 6 while completing an extensive modernization. Bryan Blanchard, Mike Francis, Ed James, and Randy Lee with The Mumford Continue Reading about Motel 6 – 215 West Birch StreetRussellville AR, 72802
Country Hearth Inn – 831 South Irby StreetFlorence SC, 29501
Mumford Company was pleased to represent long-time client Motel Associates in the sale of their leasehold interest in the Country Hearth Inn of Florence, South Carolina to Blair Square, LLC. The purchasers, new to the lodging business, plan to make renovations to the property and retain the Country Hearth Inn franchise. The sellers, Motel Associates, are winding down their involvement in the Continue Reading about Country Hearth Inn – 831 South Irby StreetFlorence SC, 29501