Lodging Partners Arranges Sale of Comfort Inn North Myrtle Beach, SC

The Hotel, which sold for the $2,750,000 asking price, was acquired by an affiliate of Riviera Point Development Group and will be managed and operated by Coakley & Williams Hotel Management Company. The new ownership group has plans to reposition the property to a Country Inn & Suites in the fall of this year.
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120 Room Ironworks Hotel Indianapolis to Break Ground on June 29

The new 100,000-square-foot hotel, scheduled to open Summer 2017, will feature 120 guest rooms, small meeting/conference spaces, a fitness center and a rooftop lounge. It will also offer 15,000-square-feet of street-level retail space and a second-floor upscale restaurant.
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