Peachtree Hotel Group (PHG) Acquires 96-Suite TownePlace Suites Gainesville Northwest, Florida
June 28, 2017 10:16am
GAINESVILLE, Fla./ATLANTA, Ga., June 28, 2017— Officials of Peachtree Hotel Group (PHG), one of the nation’s fastest growing hotel investment and management platforms, today acquired the 96-suite TownePlace Suites Gainesville Northwest in Fla., from Gainesville Investment Lodging, LLP, a subsidiary of 3H Group, Inc., for an undisclosed sum. The transaction was brokered by Hospitality Real Estate Counselors (HREC).
Located at 7451 West Newberry Road just four miles from The Swamp and Ben Hill Griffin Stadium, the four-story, extended-stay hotel provides spacious suites with fully equipped kitchens and high-speed Internet access. Hotel amenities include a 24-hour workout facility, outdoor pool, 570 square feet of meeting space, complimentary breakfast and pet-friendly policies.
PHG continues to seek additional acquisition and development opportunities. To discuss additional growth possibilities, contact Brent LeBlanc at 713-666-2544 or email@example.com.
Tags: peachtree hotel group,
Peachtree Hotel Group operates, develops and invests in premium-branded, select- and limited-service and extended-stay hotel assets under the Marriott, Hilton, Hyatt, Choice and InterContinental Hotels Group flags. Since its inception, Peachtree has invested in more than $1.3 billion of hotel properties and first mortgage notes. Peachtree's current portfolio is comprised of 62 hotel assets totaling 7,256 rooms, including 24 real estate assets and 38 notes. For more information, please visit www.peachtreehotelgroup.com.
Contact: Chris Daly
Pacific Hospitality Group Appoints Kenneth Jacques General Manager of AC Hotel New Orleans Bourbon
Dynamic Group Opens New 88-Suite TownePlace Suites by Marriott in Cleveland, Tennessee
Peachtree Hotel Group (PHG) Acquires Three Hotels in Colorado, Arizona and Wisconsin
Peachtree Hotel Group and Celebration Pointe Holdings Break Ground on 140-Room Hotel Indigo in Gainesville, Florida
Owned and Managed by IMIC Hotels, the 101-Suite TownePlace Suites by Marriott Opens in Mount Pleasant, South Carolina
General Manager Thomas Haidet Welcomes Guests to Newly-Built TownePlace Suites Austin Round Rock, Texas
Owned and Managed by Propel Management, New TownePlace Suites by Marriott Opens in Lone Tree, Colorado
LBA Hospitality Plans Summer Launch of TownePlace Suites Orlando at SeaWorld and Holiday Inn Express and Suites Orlando at SeaWorld
Christy & Associates Opens TownePlace Suites by Marriott in Parkersburg, West Virginia
Owned and Managed by Ram Hotels, New TownePlace Suites by Marriott Set to Open in Montgomery, Alabama
Pacific Hospitality Group Appoints Robb Walker as Chief Operating Officer and Scott Meldrum as Chief Marketing Officer
Pacific Hospitality Group Opens AC Hotel Irvine Marking Brand First in Southern California
LNL Hospitality Selects Prestige Hospitality Group to Manage Comfort Inn & Suites Sturbridge, Massachusetts
Peachtree Hotel Group (PHG) Opens Newly-Developed 90-Room Home2 Suites Prattville in Alabama
Peachtree Hotel Group Acquires Five Hotels and Signs Five Development Projects with $155 Million Investment
PRISA Group - McVC and Peachtree Hotel Group Join Forces to Develop Three Florida Hotels
Peachtree Hotel Group to Add Ten Hotels to Portfolio with $183 Million Investment
Pacific Hospitality Group and R.D. Olson Development Introduce Paséa Hotel & Spa, in Huntington Beach, CA
Peachtree Hotel Group Opens DoubleTree by Hilton Biloxi Following Multimillion-Dollar Renovation and Conversion
Pacific Hospitality Group Acquires Ko'a Kea Hotel & Resort In Kauai from CTF Ko'a Kea Hotel, LLC
Please login or register to post a comment.