excel group

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excel group

Excel Group Acquires Courtyard by Marriott Springfield in Virginia

Excel | June 17, 2019

ARLINGTON, Va., June 17, 2019 -- Arlington, VA-based real estate investment firm Excel Group has announced its recent acquisition of the 191-key Courtyard by Marriott Springfield located in the Springfield, VA. "We are excited to acquire this newly renovated hotel in Springfield, VA – a burgeoning market just 13 miles from downtown Washington DC," remarked managing partner Shoham Amin. "This transaction represented a unique opportunity to acquire a premium-branded select-service hotel in a high-growth DC metro submarket, in close proximity to Fort Belvoir and the new 625,000 SF TSA Headquarters slated to open in 2020." This purchase r...

Excel Group Acquires Three Hotel Portfolio in Virginia, New York and Rhode Island

January 15, 2019

ARLINGTON, Va., Jan. 15, 2019 -- Washington DC-based real estate investment firm Excel Group has announced its recent acquisition of three hotels – the 151-room Hyatt Place Dulles Herndon-East in Herndon, VA; the 161-room Hampton Inn Long Island Brookhaven in Farmingville, NY; and the 101-room Hampton Inn & Suites Providence-Smithfield in Smithfield, RI. "We are excited to acquire these three high quality select-service assets in strong Mid-Atlantic and Northeast markets," remarked managing partner Shoham Amin. "These three hotels represent great additions to our portfolio and align with our company's invest...

Excel Group Acquires 165-Key Hampton Inn Newark-Harrison-Riverwalk in Harrison, New Jersey

Excel Group | June 20, 2018

ARLINGTON, Va., June 20, 2018 -- Washington DC-based real estate investment firm Excel Group has announced its recent acquisition of the 165-key Hampton Inn Newark-Harrison-Riverwalk located in Harrison, NJ adjacent to downtown Newark, NJ. "Newark is experiencing a remarkable revitalization with over $5 billion of real estate development in the pipeline. We are excited to be a part of Newark's growth story and to add this property to our portfolio," remarked managing partner Shoham Amin. "This transaction typifies our current investment strategy of acquiring premium-branded select-service assets in strong high barrier...

Excel Group Completes Sale of Four Hotel Portfolio in Florida for $58.4 Million

Excel | November 29, 2017

ARLINGTON, Va., Nov. 29, 2017 -- Washington DC-based real estate investment firm Excel Group has announced its recent sale of a four-hotel 469-key portfolio for $58.5 million. The portfolio includes the 148-room Hilton Garden Inn Tampa North, 83-room Hilton Garden Inn Oldsmar, the 110-room Hampton Inn Oldsmar and the 128-room Hyatt Place Lake Mary. "This sale signifies a milestone for the Excel Group as it represents another major portfolio that we have taken full cycle – from acquisition through disposition," remarked managing partner Shoham Amin. "This transaction typifies our ability to take core-plus assets and ...

Excel Group Acquires 200-Room Hyatt Place Washington DC / US Capitol

Excel | August 15, 2017

ARLINGTON, Va., Aug. 15, 2017 -- Washington DC-based real estate investment firm Excel Group has announced its recent acquisition of the Hyatt Place Washington DC / US Capitol, a 14-story, 200-room hotel, which opened in June 2014. The newly-constructed property sits squarely in the center of DC's burgeoning NoMa neighborhood, a 35-block district of Northeast Washington. Well-funded by private developers, NoMa is a rapidly transforming area that will see an additional 20 million square feet of new office, residential, hospitality and retail development over the coming years. Referred to as the city's "most connected" a...

Excel Group and PHD Hospitality to Relaunch Two Baltimore Airport Hotels Following Renovation

PHD Hospitality | September 16, 2015

Comfort Inn & Suites BWI and Best Western Plus BWI Airport North to celebrate with Baltimore community Baltimore, MD (September 16, 2015): Excel Group and PHD Hospitality, LLC are pleased to announce the Grand Opening/Ribbon-Cutting Ceremony in partnership with the Northern Anne Arundel Chamber of Commerce at the newly renovated Best Western Plus BWI Airport North, 6055 Belle Grove Road and Comfort Inn and Suites BWI Airport, located at 6921 Baltimore-Annapolis Boulevard in Baltimore, Maryland. The ceremony will take place on September 24, 2015. "We are pleased to re-introduce the community to these hotels," said Mr. Shoham Amin, Ma...

Excel Group Acquires Portfolio of Three Florida Select Service Hotels for $35 Million

Excel Group | March 31, 2015

ARLINGTON, VA March 31, 2015 - Excel Group announced today that the firm has acquired a portfolio of three select service hotels in Florida including the following properties: Hyatt Place Lake Mary 128 rooms Hilton Garden Inn Oldsmar - Tampa/North 83 rooms Hampton Inn and Suites Oldsmar - Tampa/North 110 rooms All three properties are of institutional quality, and are strategically-located in the high growth and well diversified markets of Lake Mary, and Tampa/North. The properties are in good physical condition, and recently constructed - with the Hyatt Place built in 2008, the Hilton Garden Inn built in 2006, and the Hampton Inn ...

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