The Mumford Company served as exclusive advisor to Norcal Management Company, Inc in the recent sale of the Super 8 in Alamogordo, NM to a private individual. The sale was structured by Randy Lee of the firm’s Dallas, Texas office who confirms that the buyer plans to significantly modernize the hotel and continue to operate it as a Super 8. The fifty-seven unit, interior corridor Super 8 is Continue Reading about Super 8 Motel – Alamogordo NM
recentsales
Motel 6 – Amarillo TX
Accor North America was represented by the Mumford Company in the sale of Motel 6 in Amarillo, TX to Paramount Hospitality LP. Randy Lee, Vice President, with the The Mumford Company’s Dallas, Texas office facilitated the sale. Motel 6 continues a strong presence in the Amarillo, Texas marketplace with three remaining properties strategically located along the I-40 corridor. Paramount Hospitality Continue Reading about Motel 6 – Amarillo TX
Econo Lodge – Dunn NC
The Mumford Company served as exclusive advisor to Pud, Inc in the recent sale of the Econo Lodge of Dunn, NC to Dylan Hotel LLC. The deal was facilitated by Justin Pinkard of the Mumford Company’s headquarters in Newport News, Virginia. The purchaser, Dylan Hotel LLC., plans to convert the hotel to the Super 8 brand immediately upon completing renovations. Celebrating their 30th anniversary in Continue Reading about Econo Lodge – Dunn NC
Hampton Inn – New Albany IN
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
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
