Sandpiper | August 24, 2020
(Richmond, Va. - August 24, 2020) – Sandpiper Lodging Trust (“SLT”) is pleased to announce its acquisition of two Candlewood Suites Hotels located in North Charleston and Bluffton, South Carolina from DC Hospitality. Both properties are mid-scale extended stay hotels located in two dynamic hospitality markets. Terms of the transaction were not disclosed. Carter Rise, CEO of SLT, stated, “We are extremely excited to add these two hotels to the Sandpiper Lodging Trust portfolio. We have targeted the Charleston and coastal South Carolina market as an area with exciting long-term demographic advantages, and we are pleased to be a...
Successful Louisville Transaction, Times Two: Paramount Lodging Advisors Completes Sale of IHG Kentucky Hotel Package
Paramount Lodging Advisors | May 31, 2016
Paramount Lodging Advisors (PLA) has closed on its third and fourth hotel transactions within the Louisville region over the past six months. PLA Managing Directors Adam Montufar, Bennett Webster, and Brent Clemens orchestrated the sale of both the Holiday Inn Express and Candlewood Suites in Radcliff, KY. The two hotels total 146 rooms and are located Southwest of Louisville, proximate to Fort Knox Army Base. The PLA team members exclusively represented the seller in this double transaction. "Paramount Lodging worked as the liaison between our group and the buyers. They did a fantastic job facilitating the tours of potential buyer...
Hospitality Management Corporation (HMC) | September 22, 2015
The Hotel is Conveniently Located near Vicksburg's Convention Center in the City Center Dallas, TX – Leo Spriggs, President and CEO of Hospitality Management Corporation (HMC), proudly announces managerial responsibilities for this 83-room Candlewood Suites in Vicksburg, MS. The company continues its ongoing business expansion which is made up of full service, conference center, select service and limited service hotels. HMC is one of the country's largest third-party privately held hotel management companies, ranked in the top 40 of all third party and owner operated hotel management corporations. The hotel is ideally located in ...
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