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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 www.hospitalityfunding.com.

Contact: Scott J Silver

silver@hospitalityfunding.com / 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.

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