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
recentsales
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
