Mumford Company was pleased to represent Sojourn Associates WR, LLC in the recent sale of the Comfort Inn and Suites of Warner Robins, Georgia to Ojash Shah. The sale was facilitated by David Mumford of the Mumford Company’s headquarters in Newport News, Virginia as well as Steve Kirby and Burton Brooks of the firm’s Atlanta, Georgia office for a transaction price of $2,775,000. The 77 unit Continue Reading about Comfort Inn & Suites – 95 South State Route 247Warner Robins GA, 31088
recentsales
Econo Lodge – 500 East Highway 80Pooler GA, 31322
Mumford Company is pleased to announce the completed sale of the Econo Lodge of Pooler, GA in which the Steve Kirby and Burton Brooks of company’s Atlanta, Georgia office represented the seller in structuring the transaction of this 117 room property. Mumford Company presented numerous offers and closed the deal in 90 days from initial market exposure. The seller, a single asset owner from the Continue Reading about Econo Lodge – 500 East Highway 80Pooler GA, 31322
Country Hearth Inn – 308 Demaree DriveMadison IN, 47250
The Mumford Company proudly represented BAC Hotel Management, Inc. in the sale of the Country Hearth Inn of Madison, Indiana. The property was sold to Lighthouse Lodging, LLC; a Virginia based multi-unit owner / operator. David Mumford and Ed James of the Mumford Company's headquarters in Newport News, VA and Tom Sommer of the firm’s Chicago office facilitated the transaction for $1,425,000. After Continue Reading about Country Hearth Inn – 308 Demaree DriveMadison IN, 47250
Mainstay Suites – Anderson SC
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 – Anderson SC
Mainstay Suites – Kannapolis NC
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
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
