West Hartford, CT – October 7, 2011 – K Roseville LLC, a related entity of The Simon Konover Company (TSKC), acquired the Holiday Inn Express & Suites in Roseville, Michigan on September 30, 2011.
Roseville hotel, at 31900 Little Mack Avenue, is located 20 miles
Detroit, in Macomb County, Michigan. Simon Konover Development
Corporation, the acquisition arm of TSKC structured the acquisition
workout group of LNR Properties, LLC.
“This acquisition is part of The Simon Konover Company’s
strategy to expand further into the Midwest across multiple markets,”
to Jonathan Fisher, Director of Acquisitions & Development for
Konover Development Corporation.
Corporation (KHC) will provide management services for the hotel
property. KHC will
be responsible for daily hotel operations, capital improvements,
business development at the 90 room select-service hotel. The
Roseville Holiday Inn Express & Suites joins KHC’s Midwest and New
Roseville hotel is a nice addition to the KHC Hotel portfolio, which
10 Holiday Inn Express hotels,” said Peter H. Mason, CHA, Executive
President of Konover Hotel Corporation.
one million dollar renovation of the building and grounds is underway
a superior experience for hotel guests. The property features
rooms and suites, an on-site fitness center, indoor pool, business
other amenities for the value-oriented traveler. Guests Stay
at Holiday Inn Express hotels where they enjoy a free hot Express
Breakfast Bar and free high-speed internet access. Holiday Inn
Express is a brand of InterContinental Hotels Group
the world's largest hotel group by number of rooms.
Started over 50 years ago, The Simon Konover Company is a fully
integrated real estate organization nationally-recognized as one of the
real estate entities operating throughout the Midwest and Eastern
Headquartered in West Hartford, Connecticut, The Simon
Konover Company cumulatively employs over 600 people through its
companies including Konover Commercial Corporation, Konover Hotel
Konover Residential Corporation, Simon Konover Development Corporation,
Construction Services, LLC, and Konover South, LLC. The Simon
Company and its related-entities own and manage over 5,500 apartment
million square feet of office and industrial space, 5.5 million square
retail space, 19 hotels and specialty properties.