Downtown Columbus Hotel Portfolio Transaction Led by The Plasencia Group

The Plasencia Group | August 18, 2016

Tampa, Fla. (August 18, 2016) – The Plasencia Group is pleased to announce the sale of the Sheraton Columbus Hotel at Capitol Square and the DoubleTree Suites by Hilton Hotel Columbus Downtown, both in Columbus, Ohio. The firm represented undisclosed sellers in the sale of the combined 597-room hotel portfolio. A private equity firm based in the Northeast along with Schulte Hospitality Group, out of Louisville KY, purchased both institutional grade hotels. Schulte will also operate the hotels going forward. "This exchange represents a meaningful segment of the available hotel room inventory in downtown Columbus," commented Rich Co...