Total $0.00


Palm Beach, FL Hospitality Funding announced today the role of advisor in raising equity for the acquisition of six Fairfield Inn by Marriott hotels by Waramaug LS Hotels, LLC, a private investment group. The deal spans 696 rooms located throughout New England.

The portfolio is comprised of the Fairfield Inn Burlington, Williston, Vermont; Fairfield Inn Portsmouth Seacoast, Portsmouth, New Hampshire; Fairfield Inn, Amesbury, Massachusetts; Fairfield Inn Boston Woburn Burlington, Woburn, Massachusetts; Fairfield Inn Boston Tewksbury Andover, Tewksbury, Massachusetts; and the Fairfield Inn New Haven, Wallingford, Connecticut.

The six hotels in the Portfolio are all single building, interior corridor hotels ranging from three to five stories and containing between 105 and 133 guestrooms. They were originally built in the late 1980s as Susse Chalet Hotels.

Of the landmark acquisition, Hospitality Funding’s Chairman, Scott Silver said, “We are excited to continue our successful partnership with Waramaug LS Hotels and are particularly pleased to be able to facilitate the purchase of such an outstanding portfolio.”

Waramaug plans to begin a comprehensive renovation of the portfolio including a transformation of the public spaces, guestrooms, and building exteriors. Plans include adding a porte-cochere as well as an enlarged breakfast area and a state of the art fitness facility. All of these improvements are intended to bring the portfolio up to the standard for the current Fairfield prototype. Interstate Hotels & Resorts has been named as the management company for the portfolio.

About Hospitality Funding

Hospitality Funding is a boutique investment advisory firm focused on raising equity, mezzanine, and debt financing for the acquisition of all types of hospitality assets. Hospitality Funding works with superior owner-operators to find capital solutions that fit their specific goals for property acquisitions. For more information, please visit

Contact: Scott J Silver / 561-877-8122

About Waramaug LS Hotels, LLC

Waramaug LS Hotels, LLC is the select service arm of Waramaug Hospitality, a privately held investment group, with a combined 30 hotels totaling 5,471 rooms. Waramaug LS Hotels focuses on acquiring legacy branded select service assets throughout the United States.

Related News

Waramaug LS Hotels and Woodmont Lodging Complete $2.4 Million Renovation of Holiday Inn Express & Suites Bentonville

Waramaug LS Hotels LLC Acquires Candlewood Suites Athens, Georgia; Renovation Planned

Hospitality Funding, Inc. Arranged Funding for the Acquisition of the Comfort Suites Arlington, Texas

Hospitality Funding Advises Cambria Hotels Expansion in Sonoma County, California

Hospitality Funding Advises Newark Hotel Acquisition

Hospitality Funding Advises Cambria Hotels Expansion in Napa, California

Waramaug LS Hotels Completes Renovation of Six Fairfield Inn by Marriott Hotels

Hospitality Funding Arranges $12.6 Million Acquisition Loan for Plantation, Florida Hotel

Waramaug LS Hotels, LLC Acquires Holiday Inn Express Hauppauge, New York

Waramaug LS Hotels Completes Renovation to Holiday Inn Express & Suites Greenville Airport, South Carolina

Waramaug LS Hotels Acquires Two Arkansas Hotels in Partnership with Woodmont Lodging

Refinancing Best Practices: Preparing for the Upcoming $200 billion of CMBS Loan Maturities

Hospitality Funding Inc. Arranges $20 Million Loan for the Acquisition of the Burr Ridge Marriott Hotel

Hospitality Funding Arranges $6.175 Million Acquisition Loan for Bonita Springs Hotel

Interstate Hotels & Resorts Announces Strategic Alliance With Hospitality Funding

Waramaug LS Hotels, LLC Purchases La Quinta Inn & Suites Bonita Springs in Florida

Waramaug LS Hotels, LLC Purchases Courtyard by Marriott in Springfield, Ohio

Waramaug LS Hotels, LLC Acquires Portfolio of Six Fairfield Inn Hotels in the Northeast

Waramaug LS Hotels, LLC Purchases South Carolina Holiday Inn Express & Suites

Waramaug LS Hotels Acquires 123-key Holiday Inn Express & Suites-Tampa-USF-Busch Gardens in Florida

All News »

Please login or register to post a comment.