in Orlando Hotel Transaction
|March 1, 2005 - Tandy O. Lofland, president of Intergroup Realty, Inc.,
announced that the firm represented the purchaser in the recent acquisition
of the Best Western
Since 1980 Intergroup has provided transaction and development services for hospitality and commercial properties in the U.S., Europe, the Caribbean and Latin America, with an emphasis on full-service, first-class hotels, resorts, and mixed-use developments. Company experience includes development, marketing, and management of The Parkway, a 195-acre mixed-use development next to Walt Disney World in Orlando, and transactions or projects involving such hotel brands as Four Seasons, Hilton, Sheraton, Holiday Inn, Crowne Plaza, Radisson, Hyatt, Homewood Suites, and Hampton Inn. Significant transactions include the recent sale of a 12.1-acre development site for a 250-unit, mid-rise time-share project; sale of a 377-room, 2-hotel package in Houston, Texas; sale of the 317-room Hilton Knoxville; sale of the 718-room Radisson Resort Parkway in Orlando; rebranding of the Four Seasons Hotel Buenos Aires, Argentina and Four Seasons Resort Carmelo, Uruguay; and establishment of a joint venture for the development of a new 200-room Hilton Garden Inn near San Diego, CA.
Currently celebrating its 25th anniversary, Intergroup has provided transaction and development services on over 75 properties and projects worth well over $1 billion.
Tandy O. Lofland, President
950 Echo Lane, Suite 352
Houston, TX 77024
(713) 973-2130; (713) 973-2133 fax
|Also See:||Intergroup Represents Buyer in 377-Room, 2-Hotel Purchase / January 2005|
|Intergroup Arranges $21 million Sale of 317-room Hilton Knoxville / December 2004|
|Intergroup Arranges $43,500,000 Sale of 718-room Radisson Resort Near Walt Disney World / September 2004|