The Mumford Company once again represented Eastern Lodging, Inc. in the recent sale of the leasehold interest in the Super 8 Motel of College Park, Maryland to JK Lodging, LLC. This is the 20th transaction that Mumford Company has structured on behalf of Eastern Lodging and its’ affiliates as a part of their long-term disposition strategy. Year to date, including this sale, Mumford Company has Continue Reading about Super 8 – 9150 Baltimore AvenueCollege Park MD, 20740
recentsales
Comfort Suites – 51 Hal Rogers DrPrestonsburg KY, 41653
The Mumford Company was pleased to represent Prestonsburg Hotel Company, LLC in the recent sale of the Comfort Suites of Prestonsburg, Kentucky to Premier Hospitality, LLC. This was the second transaction that Mumford Company has structured between affiliates of these two parties in the past year and the 10th property sale that Mumford has handled on behalf of this selling group. According to Continue Reading about Comfort Suites – 51 Hal Rogers DrPrestonsburg KY, 41653
Travelodge – 1403 North Saint Augustine RoadValdosta GA, 31602
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 Travelodge – 1403 North Saint Augustine RoadValdosta GA, 31602
Holiday Inn Express – 102 Plantation DriveCampbellsville KY, 24718
The Mumford Company was pleased to represent Ahlan Wasahlan Hospitality in the sale of the Holiday Inn Express of Campbellsville, Kentucky to R&R Hospitality, LLC. Financing consisted of an assumed SBA loan along with an additional private loan. Recently renovated to include the Holiday Inn Express Re-Launch program, the new owners plan to make additional renovations and retain the Holiday Inn Continue Reading about Holiday Inn Express – 102 Plantation DriveCampbellsville KY, 24718
Econo Lodge – 3400 Cumberland RoadBluefield WV, 24701
The Mumford Company was pleased to once again represent affiliates of Allen Management in the sale of the Econo Lodge of Bluefield, West Virginia to Bina, LLC. This is the 7th transaction that Mumford Company has completed for this seller in the past 2 years and is part of an on-going, multi-unit disposition program. The purchasers, Bina, LLC are new to the lodging industry. They plan to make Continue Reading about Econo Lodge – 3400 Cumberland RoadBluefield WV, 24701
Comfort Inn – 334 Caroline StreetOrange VA, 22960
The Mumford Company represented Virginia Community Bank in the recent sale of the future Comfort Inn & Suites of Orange, Virginia to Collico, LLC. The hotel was constructed in 2010, but not fully completed prior to takeover by the bank. The purchasers are in the process of finalizing the construction and furnishing of the facility and have plans to open the property this fall. The 58-room Continue Reading about Comfort Inn – 334 Caroline StreetOrange VA, 22960
Super 8 – 5615 Chamberlayne RoadRichmond VA, 23227
The Mumford Company once again represented Eastern Lodging, Inc. in the recent sale of the leasehold interest in the Super 8 Motel of College Park, Maryland to JK Lodging, LLC. This is the 20th transaction that Mumford Company has structured on behalf of Eastern Lodging and its’ affiliates as a part of their long-term disposition strategy. Year to date, including this sale, Mumford Company has Continue Reading about Super 8 – 5615 Chamberlayne RoadRichmond VA, 23227
Hampton Inn – 1382 Highway 258 SouthKinston NC, 28501
Mumford Company was proud to represent Neuse Hospitality, LLC in the sale of the Hampton Inn of Kinston, North Carolina to LRP Hotels of Carolina,LLC. The Seller is a wellestablished local real estate developer primarily involved in the restaurant business in eastern North Carolina. They initially purchased the property through Mumford Company in 2001. The purchaser was LRP Hotels of Carolina, Continue Reading about Hampton Inn – 1382 Highway 258 SouthKinston NC, 28501
