Aloft Atlanta Downtown Hotel Sold for $43 Million

August 1, 2016

Condor Hospitality Trust, Inc. (NASDAQ: CDOR) today announced that it has entered into a joint venture agreement with Three Wall Capital to acquire the 254 room Aloft Atlanta located in downtown Atlanta at 300 Spring St NW, Atlanta, GA 30308.
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Captain D's Seeks to Further Expand Its Footprint in Baton Rouge

August 1, 2016

Captain D’s LLC announced today plans to expand its presence in Louisiana. Steve Bielewicz, senior director of franchise development, will be at the Louisiana Foodservice & Hospitality Expo on August 6-8 to meet with prospective franchisees.
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Hilton Garden Inn In Downtown Nashville Hotel Sold to Rockbridge

August 1, 2016

The property is located on South Broadway in very close proximity to the Music City Center, Bridgestone Arena, Convention Center, and downtown entertainment district, ideally situated among a diverse group of corporate, leisure and group destinations.
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JAB Beech Completes Acquisition of Krispy Kreme

July 28, 2016

The acquisition was announced on May 9, 2016, and the transaction closed and became effective today following the vote by shareholders of the Company to approve the deal at a special shareholder meeting earlier in the day.
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HVMG Acquires Two Winston-Salem Hotels Adjecent to Benton Convention Center

July 28, 2016

Hospitality Ventures Management Group (HVMG) today announced it has acquired two downtown Winston-Salem, North Carolina hotels, both adjacent to the Benton Convention Center which is currently under an $18 million renovation: the 315-room Marriott and the 146-room Embassy Suites.
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