DDL Orlando Partners, LLC, a San Antonio-based private investor, sold the 222-room Lake Cecile Inn - a former Quality Inn - in Kissimmee, Florida, to a private investor in a transaction valued at approximately $4.25 million.  Insignia/ESG Hotel Partners was the owner's exclusive representative in this sale.  Scott Stephens, managing director at Insignia/ESG Hotel Partners, oversaw the marketing and disposition of the asset.  After a several hundred thousand dollar renovation, the buyer plans to open the property as a Wellesley Inn. In a separate transaction, Merrill Lynch Mortgage Investors, Inc., a CMBS lender, sold the 100-room Best Western Magnolia Manor in Port Allen, Louisiana, to a private investor in a transaction valued at approximately $1.9 million.  Insignia/ESG Hotel Partners also represented the owner in this sale.  Tom Ives, senior managing director at Insignia/ESG Hotel Partners, oversaw the marketing and disposition of this asset.

Lake Cecile Inn - a former Quality Inn - in Kissimmee , Best Western Magnolia Manor

Insignia/ESG Hotel Partners is a leading full-service real estate group focused exclusively on the hospitality industry. Insignia/ESG Hotel Partners is part of Insignia/ESG Capital Advisors Group, which focuses on investment sales and debt financing for major properties of all types.  Insignia/ESG is a subsidiary of Insignia Financial Group, Inc., a publicly traded real estate company listed on the New York Stock Exchange under the symbol IFS.