siegel suites
The Siegel Group Expands Siegel Select® Extended-Stay Brand With Portfolio Acquistion
The Siegal Group | June 14, 2022
LAS VEGAS--The Siegel Group (www.siegelcompanies.com), a real estate investment and management company announced today that it had acquired a portfolio of five extended-stay properties previously operated under the Hamilton Inn Extended-Stay brand for $29 million. These acquisitions increase the number of Siegel Suites® (www.siegelsuites.com) and Siegel Select® (www.siegelselect.com) properties throughout the United States to 66 and marks the brand’s first location in Georgia and its further expansion into the Tennessee market. These locations are in addition to the company’s significant presence throughout Nevada, Arizona, Texas, Lou...
The Siegel Group Continues Expansion of Its Siegel Select Extended-Stay Brand With Three-Property Acquisition
The Siegel Group | May 18, 2022
LAS VEGAS--The Siegel Group (www.siegelcompanies.com), a real estate investment and management company announced that it had acquired three extended-stay properties for just under $18.94 million. With these acquisitions, The Siegel Group expands its Siegel Select® brand into the new markets of Oklahoma City, Houston and San Antonio and increases the total number of Siegel Suites® (www.siegelsuites.com) and Siegel Select® (www.siegelselect.com) properties throughout the United States to 59. The Siegel Group, which operates a sizable commercial real estate portfolio consisting of apartments, extended-stay hotels, flexible-stay apartmen...
The Siegel Group Completes Sale of Four Extended-Stay Properties for $184.5M
The Siegel Group | April 11, 2022
LAS VEGAS - April 11, 2022 - The Siegel Group, a real estate investment and management company, announced today that it had sold four extended-stay properties in an off-market transaction for $184.50 million at a blended per unit cost of approximately $167,400. Each property was operated under the company’s successful Siegel Suites® brand of flexible-stay communities which has locations throughout the United States. These assets were sold unencumbered of the Siegel Suites brand. The properties sold included two assets in the Las Vegas market totaling approximately 400 units and another two locations in the Phoenix market totaling just...
The Siegel Group Nevada Acquires Motel 6 New Orleans and Studio 6 New Orleans
The Siegel Group Nevada, Inc. | August 23, 2021
LAS VEGAS - August 23, 2021 - The Siegel Group Nevada, Inc., a real estate investment and management company, announced today that it had acquired two properties previously operated as the Motel 6 New Orleans and Studio 6 New Orleans. This acquisition increases the number of Siegel Suites® (www.siegelsuites.com) and Siegel Select® (www.siegelselect.com) properties throughout the United States to over 60 and marks the brand’s fifth location in the Louisiana market. These locations are in addition to the company’s significant presence throughout Nevada, Arizona, Texas, New Mexico, Tennessee, Mississippi, Alabama, South Carolina and Ohio...
The Siegel Group Acquires Former Amerihome Inn & Suites in Houston, Texas
The Siegel Group Nevada, Inc. | May 3, 2021
LAS VEGAS - May 3, 2021 - The Siegel Group Nevada, Inc., a real estate investment and management company, announced today that it had acquired the former Amerihome Inn & Suites located in Houston, Texas. This acquisition increases the number of Siegel Suites and Siegel Select properties throughout the United States to 60 and marks the brand’s third location in the Texas market. These locations are in addition to the company’s significant presence throughout Nevada, Arizona, Louisiana, New Mexico, Tennessee, Mississippi, Alabama, South Carolina and Ohio. The Siegel Group, which operates a sizable commercial real estate portfolio con...
The Siegel Group Nevada Acquires Portfolio of Three Extended-Stay Properties for $9.36 Million
The Siegel Group Nevada, Inc. | July 26, 2018
LAS VEGAS — The Siegel Group Nevada, Inc. (www.siegelcompanies.com), a real estate investment and management company announced today that it had acquired a portfolio of three extended-stay properties for just under $9.36 million for an average of $28,000 per key. This portfolio acquisition increases the number of Siegel-branded properties throughout the United States to 51. With these acquisitions, The Siegel Group expands its Siegel brands into the new markets of Alabama and Mississippi and a second location in Louisiana which are in addition to the company's other properties situated throughout Nevada, Arizona, Texas, New Mexico...
The Siegel Group Nevada Acquires 244-Unit Hotel in Albuquerque, New Mexico
The Siegel Group Nevada, Inc. | November 29, 2017
LAS VEGAS - The Siegel Group Nevada, Inc., a real estate investment and management company announced today that it had acquired a 244-unit hotel property located in Albuquerque, New Mexico that was previously operated under both the Travelodge® and Super 8® motel brands for $4 million. This acquisition, which is characteristic of The Siegel Group's investment strategy of acquiring underperforming, value-add assets substantially below replacement cost, increases the number of Siegel Suites® and Siegel Suites Select® properties throughout the southwestern United States to 42 and marks the second location The Siegel Group h...
The Siegel Group Acquires Legacy Suites in Tolleson, Arizona for $16.6 Million
The Siegel Group Nevada, Inc. | August 30, 2016
LAS VEGAS —August 30, 2016 — The Siegel Group Nevada, Inc., a real estate investment and management company announced today that it had acquired a 442-unit extended stay property located in Tolleson, Arizona previously operated under the Legacy Suites brand for $16.60 million. This is the third Legacy Suites location that The Siegel Group has acquired in the last fourteen months with the other properties located in Phoenix and Casa Grande, Arizona. The acquisition of its newest location increases the properties operated under the various Siegel Suites brands located throughout Nevada, New Mexico, and Arizona to 36 with addit...
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