News for the Hospitality Executive
Atlanta, GA. August 30, 2012 - Officials at Hunter Realty announced that they have arranged the sale of the Wingate by Wyndham in Cleveland, Tennessee, on behalf of Cleveland Hotel Company, LLC. Sunlight Hospitality, LLC out of Nashville, Tennessee acquired this asset that is located at 110 Interstate Drive.
Senior Vice President, Kyle Stevenson and Senior Associate, Trey Scott led the Hunter team on this transaction.
The 80-room Wingate by Wyndham was completed in 2001 and underwent $900,000 in renovations in 2009. The hotel sold for $4,600,000 ($57,500 per key).
About Hunter Realty
Hunter, founded in 1978, is a full service, national hotel brokerage firm with offices in Atlanta, Chicago, Dallas, Los Angeles, Miami, New York and Washington DC. The firm specializes in hotel brokerage, capital market and advisory services throughout the United States. www.hunterhotels.net
Hunter Realty Associates, Inc.
300 Galleria Parkway, Suite 620
Atlanta, GA 30339
Realty Brokers Sale of Hampton Inn, Duncan, Oklahoma; Savvy Investors
and Precise Marketing Strategy Contribute to Quick Sale / February
Realty Sells Record 54 Hotels in 2011; $4 Billion in Broker Opinion of
Value Reports, Predicts Active 2012 for Hotel Industry / January
Realty Completes Sale of Hotel Indigo Nashville; Brokered by Teague
Hunter, President, and Brown Kessler, EVP and Former IHG Exec /