Hotel Online  Special Report


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Thompson Calhoun Fair, LLC, Brokers Sale
of the Former HomeGate Studios
and Suites - El Paso, Texas

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ATLANTA, Georgia, June 1, 2004 - Thompson Calhoun Fair, LLC, an Atlanta-based hotel real estate firm, announced today it advised Criimi Mae Services, LP in the disposition of the former HomeGate Studios and Suites in El Paso, Texas. The all-suite property is located at 8250 Gateway Boulevard off of Interstate 10 East and Lomaland Drive in El Paso, Texas.  The hotel includes 124 suites, a small kitchen with a refrigerator, a microwave and sink and a separate dining area.  The hotel was sold to Kasturi, Inc. for an undisclosed amount.
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Keith Thompson, a partner of the firm stated, “The El Paso transaction was the last of the original five HomeGate properties in Texas to sell. The transaction was rewarding for the purchaser in that they currently own several other lodging properties in El Paso as well as rewarding to the seller having closed the final HomeGate transaction.”

About Thompson Calhoun Fair

Thompson Calhoun Fair was formed to focus on servicing the transaction needs of clients in the mid-tier segment of the hotel 


 From the left - Al Calhoun, Mark G. Fair (sitting),
and H. Keith Thompson
industry, those ranging from $5 to $30 million in asset value. Founded in 2000, Thompson Calhoun Fair is headquartered in Atlanta. Thompson Calhoun Fair can be found on the Web at www.tcfhotels.com.

 
Contact:

Al Calhoun
  Thompson Calhoun Fair, LLC
3414 Peachtree Road NE, Suite 1505
Atlanta, Georgia USA 30326-1114
  404-995-8970
  acalhoun@tcfhotels.com
  www.tcfhotels.com

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Also See: Thompson Calhoun Fair, LLC, Brokers Sale of the Days Inn MainGate East - Orlando, Florida / May 2004
Thompson Calhoun Fair, LLC, Brokers Sale of the Holiday Inn University Area - South Bend, Indiana / May 2004
Thompson Calhoun Fair, LLC, Brokers Sale of the Radisson Hotel Atlanta Airport - Atlanta, Georgia / April 2004
Thompson Calhoun Fair, LLC, Brokers Sale of Clarion Inn & Suites Blue Ash in Cincinnati and the Homegate Studios in San Antonio / March 2004
Thompson Calhoun Fair Brokers Sale of the Holiday Inn Express - Orlando, Florida / January 2004
ThompsonCalhounFair Closes 1 Hotel Transaction Every 7 Days in 2003 / January 2004
Thompson Calhoun Fair Brokers Sale of Atlanta Homewood Suites Buckhead for $12.8 million / Sept 2001
Thompson Calhoun Fair, LLC. Formed by Industry Veterans to Sell Hotel Assets / August 2000


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