Finance & DevelopmentSandpiper Acquires Extended Stay America Premier Suites in Bradenton, Florida

Sandpiper Acquires Extended Stay America Premier Suites in Bradenton, Florida

RICHMOND, Virginia—Sandpiper, LLC announced the acquisition of the Extended Stay America (ESA) Premier Suites in Bradenton, Florida. The North Port–Sarasota–Bradenton MSA, just south of Tampa, is one of Sandpiper’s highest conviction markets.

Opened recently in January, the hotel has 124 rooms, all offering a kitchen with WiFi and breakfast served daily. Other amenities at the pet-friendly hotel include on-site guest laundry and a fitness center.

Sandpiper has experience in operating the ESA Premier Suites brand, having recently built and opened a similar property in Reno–Sparks, Nevada. ESA is a nationally recognized extended stay brand. The Bradenton market has undergone growth over the past 10 years, seeing population growth of 23.7 percent, with the transformation primarily attributed to a retirement community and location along the Gulf Coast.

Sandpiper Hospitality will manage the day-to-day operations of this hotel. With hotels now in Bradenton, Tampa, Orlando, Gainesville, and Lakeland, Sandpiper has coverage of the Florida extended-stay hospitality market. Sandpiper now owns 39 properties across eight brands located in 12 states.

RELATED ARTICLES

MG Developer Closes $23 Million Refinancing Loan for Regency Miami Airport by Sonesta

MIAMI, Florida—MG Developer announced that it has closed a $23 million refinancing loan for the five-story, 176-key full-service Regency Miami Airport by Sonesta. Originally built in 1982,...

AHLA Welcomes Yvette Estrada, Senior Director of State and Local Affairs

WASHINGTON, D.C.—The American Hotel & Lodging Association (AHLA) announced the addition of Yvette Estrada to its state and local government affairs team, where she...

Wealth of Experience: Kempinski’s Chief Brand Officer on Cruising Into the Luxury Hotel World

Kempinski Hotels’ recently appointed chief brand officer, Barbara Biffi, shared with LODGING some of the details of her progression from working on the periphery...

Market Momentum: Brokers Project a Rise in Transactions This Year and Highlight Strategies for Sellers

With the spike in interest rates subsiding and transactions increasing toward the end of 2025, the climate for hotel buyers and sellers appears promising...

This Week’s Comings & Goings

Hapi announced that President Jeff Bzdawka has been appointed chief executive officer. Bzdawka joined Hapi as president in October 2024 and will succeed founder...

Walker & Dunlop Arranges $371.5 Million in Financing for The Nashville EDITION Hotel & Residences

BETHESDA, Maryland—Walker & Dunlop, Inc. announced that it has arranged a total of $371.5 million in financing to facilitate the development of The Nashville EDITION...