excel group
Excel Group Acquires Hampton Inn & Suites Yonkers, New York
Excel Group | December 13, 2022
ARLINGTON, Va.--Arlington, VA – based real estate investment firm Excel Group recently completed the acquisition of the 150-key Hampton Inn & Suites Yonkers, NY, located 17 miles away from New York City. The asset benefits from a strategic location in the center of a mixed-use complex that includes two major hospitals, medical offices, corporate offices, industrial manufacturing, and retail outlets. The local market has seen significant demand growth over the past 5 years including the development of Lions Gate film studios, which will bring ~1 Million square feet of studio and office space to Yonkers in 2023 (largest TV production stud...
Excel Group Acquires Hilton Garden Inn Dobbs Ferry, Dobbs Ferry, New York
Excel Group | September 27, 2022
ARLINGTON, Va.--Arlington, VA –based real estate investment firm Excel Group recently completed the acquisition of the 143-key Hilton Garden Inn Dobbs Ferry, located 16 miles away from New York City. The asset is a newly constructed hotel located in the newest upscale mixed-use complex in the surrounding area. The Hilton Garden Inn Dobbs Ferry will be Excel Group’s 9th hotel acquisition over the past 18 months; totaling ~$250 million in new acquisitions. “We are very excited to add this new asset surrounded by extremely diverse demand drivers to our portfolio,” remarked founder Shoham Amin. The hotel benefits from a diversified...
Excel Group Acquires 105-Key Hampton Inn Boston Logan Airport Chelsea
Excel Group | July 20, 2022
ARLINGTON, Va.--Arlington, VA –based real estate investment firm Excel Group recently completed the acquisition of the 105-key Hampton Inn Boston Logan Airport Chelsea. The asset is a newly constructed hotel that opened in 2020. “We are very excited to add this new asset located in one of the most coveted hotel markets to our portfolio,” remarked founder Shoham Amin. “The market is experiencing substantial growth, with the largest development in Boston history underway ($8 Billion)." For more information, please contact info@excelgp.com...
Excel Group Acquires Courtyard by Marriott Springfield in Virginia
Excel | June 17, 2019
ARLINGTON, Va., June 17, 2019 -- Arlington, VA-based real estate investment firm Excel Group has announced its recent acquisition of the 191-key Courtyard by Marriott Springfield located in the Springfield, VA. "We are excited to acquire this newly renovated hotel in Springfield, VA – a burgeoning market just 13 miles from downtown Washington DC," remarked managing partner Shoham Amin. "This transaction represented a unique opportunity to acquire a premium-branded select-service hotel in a high-growth DC metro submarket, in close proximity to Fort Belvoir and the new 625,000 SF TSA Headquarters slated to open in 2020." This purchase r...
Excel Group Acquires Three Hotel Portfolio in Virginia, New York and Rhode Island
January 15, 2019
ARLINGTON, Va., Jan. 15, 2019 -- Washington DC-based real estate investment firm Excel Group has announced its recent acquisition of three hotels – the 151-room Hyatt Place Dulles Herndon-East in Herndon, VA; the 161-room Hampton Inn Long Island Brookhaven in Farmingville, NY; and the 101-room Hampton Inn & Suites Providence-Smithfield in Smithfield, RI. "We are excited to acquire these three high quality select-service assets in strong Mid-Atlantic and Northeast markets," remarked managing partner Shoham Amin. "These three hotels represent great additions to our portfolio and align with our company's invest...
Excel Group Acquires 165-Key Hampton Inn Newark-Harrison-Riverwalk in Harrison, New Jersey
Excel Group | June 20, 2018
ARLINGTON, Va., June 20, 2018 -- Washington DC-based real estate investment firm Excel Group has announced its recent acquisition of the 165-key Hampton Inn Newark-Harrison-Riverwalk located in Harrison, NJ adjacent to downtown Newark, NJ. "Newark is experiencing a remarkable revitalization with over $5 billion of real estate development in the pipeline. We are excited to be a part of Newark's growth story and to add this property to our portfolio," remarked managing partner Shoham Amin. "This transaction typifies our current investment strategy of acquiring premium-branded select-service assets in strong high barrier...
Excel Group Completes Sale of Four Hotel Portfolio in Florida for $58.4 Million
Excel | November 29, 2017
ARLINGTON, Va., Nov. 29, 2017 -- Washington DC-based real estate investment firm Excel Group has announced its recent sale of a four-hotel 469-key portfolio for $58.5 million. The portfolio includes the 148-room Hilton Garden Inn Tampa North, 83-room Hilton Garden Inn Oldsmar, the 110-room Hampton Inn Oldsmar and the 128-room Hyatt Place Lake Mary. "This sale signifies a milestone for the Excel Group as it represents another major portfolio that we have taken full cycle – from acquisition through disposition," remarked managing partner Shoham Amin. "This transaction typifies our ability to take core-plus assets and ...
Excel Group Acquires 200-Room Hyatt Place Washington DC / US Capitol
Excel | August 15, 2017
ARLINGTON, Va., Aug. 15, 2017 -- Washington DC-based real estate investment firm Excel Group has announced its recent acquisition of the Hyatt Place Washington DC / US Capitol, a 14-story, 200-room hotel, which opened in June 2014. The newly-constructed property sits squarely in the center of DC's burgeoning NoMa neighborhood, a 35-block district of Northeast Washington. Well-funded by private developers, NoMa is a rapidly transforming area that will see an additional 20 million square feet of new office, residential, hospitality and retail development over the coming years. Referred to as the city's "most connected" a...
