Mumford Company is pleased to once again have represented affiliates of Allen Management in the sale of the Econo Lodge of Chesapeake, Virginia to Sita Properties, LLC, a local owner/operator group. The deal was structured by David Mumford The purchasers plan to make extensive renovations to the property and convert it to a Motel 6 franchise over the course of the coming year. This is the 3rd Continue Reading about Econo Lodge – 4725 W Military Hwy.Chesapeake VA, 23321
recentsales
Former Travelodge – 802 North General Bruce DriveTemple TX, 76504
Mumford Company represented GE Capital Corporation in the sale of a 99 room hotel centrally located in the community of Temple, TX. The transaction facilitated by Mike Francis of the Company’s Dallas, TX office closed in less than 90 days from the date of market offering. In addition to the 99 rooms, the property offers food & beverage amenities including a separate lounge and offers excellent Continue Reading about Former Travelodge – 802 North General Bruce DriveTemple TX, 76504
Days Inn – Salem VA, 0
The Mumford Company was pleased to represent the principals of Dil Enterprise, Inc. in the sale of the Days Inn of Salem, Virginia to Devkison, LLC. The sale was facilitated by David Mumford of the Mumford Company’s headquarters in Newport News, Virginia. The sellers plan to redeploy the proceeds from the sale into other select service hotel acquisitions in western Virginia. The purchasers plan Continue Reading about Days Inn – Salem VA, 0
Motel 6 – 3655 Pennridge DriveSt. Louis MO, 63044
The Mumford Company is pleased to have represented Motel 6 and Accor Hospitality in the sale of the 242 room Motel 6 in St. Louis / Bridgeton, MO. The purchaser, Balaji Hospitality LLC, is converting the hotel to an alternative brand and performing an extensive property update. Lance Potter of Mumford Chicago and Bryan Blanchard, Mike Francis and Randy Lee of Mumford Dallas facilitated the Continue Reading about Motel 6 – 3655 Pennridge DriveSt. Louis MO, 63044
Linden Row Inn – Richmond VA
The Mumford Company was pleased to represent Silver Linden Properties, LLC in the recent sale of the historic Linden Row Inn of Richmond, Virginia to First and Franklin, LLC. The sale was facilitated by David Mumford, Matt Winston, and Justin Pinkard of the the Mumford Company’s headquarters in Newport News, Virginia. Silver Linden Properties acquired this boutique hotel via the Mumford Company in Continue Reading about Linden Row Inn – Richmond VA
