Hunter Hotel Advisors Closes on Sale of Fairfield Austin

ATLANTA—Hunter Hotel Advisors announced today that their Los Angeles office represented Calif.-based Excel Hotel Group and the purchaser in the sale of the Fairfield Inn & Suites Austin Northwest in Austin, Texas. Built in 2014, the four-story hotel was purchased for an undisclosed amount by a New York opportunity fund who is adding the hotel to their portfolio of top MSA assets. Austin continues to be ranked as one of the country’s top growth markets. Hunter Hotel Advisors is the nation’s premier hospitality investment firm for clients ranging from REITs and private equity firms to regional hotel owners. Since January 2015, Hunter has sold over $1.5 billion in single assets and portfolio transactions.