The Mumford Company is pleased to announce the sale of two Mainstay Suites Hotels owned by David Drye Company. These were the fifth and sixth transactions structured by Mumford Company on behalf of the seller, a regional hotel and multi family developer, owner, operator. Ed James of the Mumford Company’s headquarters in Newport News, Virginia, Tom Sommer of the firm’s Chicago, Illinois office and Continue Reading about Mainstay Suites – Kannapolis NC
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Hampton Inn – Somerset PA
The Mumford Company is pleased to have once again represented affiliates of Virginia Inn Management in the sale of the Hampton Inn of Somerset, Pennsylvania to Whispering Hospitality, LLC. David Mumford of the Mumford Company's headquarters in Newport News, VA and Tom Sommer of the firm’s Chicago, IL office facilitated the sale for $7,200,000. This is the second hotel that Mumford Company has sold Continue Reading about Hampton Inn – Somerset PA
Motel 6 – Grand Prairie TX
The Mumford Company is pleased to have represented Motel 6 and Accor Hospitality in the sale of the Motel 6 in Grand Prairie, TX to AUM, LLC. Randy Lee with the Mumford Company’s Dallas, Texas office facilitated the sale and confirms that the buyer of the hotel is a regional owner and operator of extended stay hotels in Texas. An extensive refurbishment of the hotel property is planned which will Continue Reading about Motel 6 – Grand Prairie TX
Hampton Marina Hotel – Hampton VA
The Mumford Company was pleased to represent Hampton Economic Development Corporation in the recent sale of the Hampton Marina Hotel located in downtown Hampton, Virginia to Hampton Hotel Associates, an affiliate of MHI Hospitality, Inc., a publicly traded REIT. The purchaser plans to invest over $5,000,000 to convert the property to the Crowne Plaza brand and reposition the hotel as a market Continue Reading about Hampton Marina Hotel – Hampton VA
Holiday Inn Express – Statesboro GA
The Mumford Company was pleased to advise in the disposition of the Holiday Inn Express of Statesboro, GA. Steve Kirby and Burton Brooks of the firm’s Atlanta office were actively involved in the engagement. The four story, 92 room, interior corridor structure will be repositioned to another brand in July of this year after cosmetic renovations. The Mumford Company, the Nation’s Leading Broker of Continue Reading about Holiday Inn Express – Statesboro GA
Ramada Downtown North – Louisville KY
The Mumford Company was once again pleased to represent the James family interests in the sale of the Ramada Inn of Louisville, Kentucky to Quadrant Hospitality, LLC. David Mumford of the Mumford Company’s headquarters in Newport News, VA, Tom Sommer of the firm’s Chicago office and Mike Francis of the firm’s Dallas office facilitated the sale for an undisclosed price. This is the third hotel Continue Reading about Ramada Downtown North – Louisville KY
Sleep Inn – Concord NC
The Mumford Company is pleased to have represented the David Drye Company in the sale of the Sleep Inn of Concord North Carolina to S D Hospitality, Inc. Ed James and Matt Winston of the Mumford Company’s headquarters in Newport News, VA, marketed the property and facilitated the sale for an undisclosed amount. According to Ed James, "The Sleep Inn of Concord is an exceptional property in the very Continue Reading about Sleep Inn – Concord NC
Days Inn – Indianapolis IN
The Mumford Company has arranged the sale of the Days Inn of Indianapolis, Indiana on behalf of a Bowling Green, Kentucky based seller to Westloop Hotels, LLC. The hotel was sold for an undisclosed price and will remain a Days Inn. The sale was facilitated by Steve Kirby of the Mumford Company’s Atlanta, GA office and Lance Potter of the firm’s Chicago, IL office. According to Lance Potter, “the Continue Reading about Days Inn – Indianapolis IN
