blue vista capital management
Woodmont Lodging, Milestone Companies and Blue Vista Capital Management Acquire Holiday Inn Asheville East Through JV
Woodmont Lodging | January 24, 2022
ASHEVILLE, NC — January 24, 2022 — Woodmont Lodging, Milestone Companies and Blue Vista Capital Management today announced the joint venture acquisition of the 111-room Holiday Inn Asheville East in N.C. This marks the fourth hotel transaction the companies have finalized together since 2018. “We are excited to begin the new year by acquiring the Holiday Inn Asheville East, a recently fully renovated hotel in a strong, drive-to market,” said Elliott Estes, principal, Woodmont Lodging. “We were able to source the opportunity 100% off-market at well below replacement cost, proving that we continue to be a resourceful and nimb...
Woodmont Lodging, Milestone Companies and Blue Vista Announce Joint Venture Recapitalization of Sheraton Milwaukee Brookfield Hotel
Woodmont Lodging | July 7, 2020
MILWAUKEE - Woodmont Lodging, a leading hotel company, Blue Vista Capital Management, a leading real estate investment firm, and Milestone Companies, a premier full-service real estate development company specializing in hotel assets, today announced the joint venture recapitalization of the 388-room Sheraton Milwaukee Brookfield Hotel in Wisconsin. Woodmont Lodging and Milestone Hospitality will acquire a minority interest in the hotel and provide asset management services. Blue Vista Capital Management will be the lead investor in the transaction. “The Sheraton Milwaukee Brookfield Hotel benefits from its prime location in the reinvig...
Woodmont Lodging, Milestone Companies and Blue Vista Complete Joint Acquisition of New Fairfield Inn & Suites Pittsburgh Downtown
Woodmont Lodging | October 7, 2019
PITTSBURGH, Pa., Oct. 7, 2019— Woodmont Lodging, a leading hotel company, and Milestone Companies, a premier full-service real estate development company specializing in hotel assets, today jointly announced the completed acquisition of the 98-room Fairfield Inn & Suites Pittsburgh Downtown. Woodmont Lodging will provide asset management services, and Milestone Hospitality will deliver property management services to the newly constructed hotel. “We continue to seek premium-branded assets in compelling markets with multiple demand generators capable of better weathering any potential economic downturns,” said Elliott Estes, pri...
The LCP Group and Blue Vista Capital Management Acquire 347-Room Hilton Kansas City Airport
Blue Vista Capital Management | January 15, 2019
NEW YORK, NY, January 15, 2019 —The LCP Group, L.P. (LCP) and Blue Vista Capital Management (Blue Vista) jointly announced today the acquisition of the Hilton Kansas City Airport in Kansas City, Missouri. The 347-room property is less than three miles away from the Kansas City International Airport and only 16 minutes from downtown. It is conveniently located near several corporate headquarters, including AmerisourceBergen, Toyota, Multivac, and Mastercard. The Kansas Speedway, host of two annual NASCAR weekends in May and October, and the Worlds of Fun and Oceans of Fun Amusement Park are both a short ride away. And, the nearby Z...
The LCP Group, L.P. and Blue Vista Capital Management Acquire Fairfax Marriott at Fair Oaks
Blue Vista Capital Management | January 16, 2018
January 16, 2018, New York, NY — Blue Vista Capital Management and The LCP Group, L.P. jointly announced today the acquisition of the Fairfax Marriott at Fair Oaks in Fairfax, Virginia. The six-story 316 guest room and suite property is located outside of Washington, D.C. The hotel contains 15,000 square feet of meeting space, the award-winning 703 Bar + Kitchen, and the amenities, facilities, and services of a full-service Marriott hotel. "In partnership with LCP, we were able to identify a unique value-add opportunity," said Jason Schwartz, Principal at Blue Vista. "Installing LCP's affiliate manager, Crescent Hotels & Resor...
