Tag: acquisition
Cronheim Capital Secures $13.25 Million for Acquisition of Hampton Inn & Suites Prattville
Cronheim Hotel Capital (CHC) has secured $13.25 million from a regional bank to capitalize the leasehold acquisition and change of ownership PIP for the...
CapStar Advisors Completes Two Transactions
WASHINGTON—CapStar Advisors (CapStar) announced the completion of two transactions. The firm recently acted as a representative of Springboard Hospitality in its merger with Hotel...
Hotel Equities and Springboard Hospitality Announce Strategic Merger
ATLANTA, Georgia & HONOLULU, Hawaii—Hotel Equities and Springboard Hospitality announced a strategic merger, creating a scaled and differentiated hotel management company built to deliver value for hotel...
HREC Arranges Sale of Hampton Inn & Suites Prattville
DENVER, Colorado; ATLANTA, Georgia—HREC Investment Advisors announced that it arranged the sale of the 101-room Hampton Inn & Suites Prattville, located in Prattville, Alabama. Sage...
Castle Peak Holdings Continues Expansion With Acquisition of Snow King Resort
JACKSON HOLE, Wyoming—Castle Peak Holdings, the investment firm behind the Trailborn hospitality brands, announced the expansion of its portfolio of hotels and resorts with the acquisition...