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Thompson Calhoun Fair Brokers Sale of the Hampton Inn in Matthews,
North Carolina and the Hampton Inn in Concord, North Carolina

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ATLANTA, Georgia, January 3, 2005 - Thompson Calhoun Fair, LLC, an Atlanta-based hotel real estate firm, announced today it advised ORIX Capital Markets, LLC in the disposition of the Hampton Inn in Matthews, North Carolina.  The 92-room property is located at 9615 Independence Point Parkway in Matthews, only nine miles from downtown Charlotte.  The hotel is comprised of a five-story, interior corridor building and features an outdoor swimming pool, a fitness center, guest laundry facilities and approximately 1,100 square feet of meeting space.  The property was built in 1995 as a Hampton Inn.  The property was sold to SNS Brothers, LLC for an undisclosed amount.

 Thompson Calhoun Fair also advised ORIX in the disposition of the Hampton Inn in Concord, North Carolina. The limited-service, 102-room property is located at 612 Dickens Place Northeast in Concord, North Carolina, about 15 miles north of Charlotte. Also built in 1995, the hotel is comprised of a five-story, interior corridor building and features an outdoor swimming pool, approximately 1,340 square feet of meeting space, a fitness center, guest laundry facilities and a business center.  The property was sold to Gateway Hospitality for an undisclosed amount.
 

Mark Fair, a principal of the firm stated, �ORIX took ownership of both properties via foreclosure in June 2004. The demand for both properties from the investment community was very strong due to their high quality and strong brand, and as a result, we were able to consummate relatively quick transactions prior to year-end.�

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 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.


 From the left - Al Calhoun, Mark G. Fair (sitting),
and H. Keith Thompson

 
Contact:
Mark Fair
  Thompson Calhoun Fair, LLC
  404-995-8970
  [email protected]
www.tcfhotels.com
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Also See: Thompson Calhoun Fair Brokers Sale of the Comfort Inn Interstate in Ormond Beach, Florida / October 2004
Thompson Calhoun Fair Brokers Sale of the Bonaventure Resort & Spa - Weston, Florida / October 2004
Thompson Calhoun Fair Brokers Sale of the Howard Johnson Express Inn - Tupelo, Mississippi / September 2004
Thompson Calhoun Fair Brokers Sale of the Holiday Inn Midtown - Savannah, Georgia / Aug 2004
Thompson Calhoun Fair Brokers Sale of the AmeriHost Inn - Hudsonville, Michigan / July 2004
Thompson Calhoun Fair Brokers Sale of the Holiday Inn Express in Memphis, Tennessee / July 2004
Thompson Calhoun Fair Brokers Sale of the Amerihost Inn in Le Mars, Iowa and the Amerihost Inn in LaGrange, Georgia / June 2004
Thompson Calhoun Fair, LLC, Brokers Sale of the Howard Johnson Express Inn - Fort Myers, Florida / June 2004
Thompson Calhoun Fair, LLC, Brokers Sale of the former HomeGate Studios and Suites - El Paso, Texas / June 2004
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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