gehr hospitality
Gehr Hospitality Acquires the 129-Room Hyatt Place, King of Prussia
Gehr Hospitality | July 2, 2019
LOS ANGELES -- Gehr Hospitality, a division of The Gehr Group (www.Gehr.com), announced the acquisition of the 129-room Hyatt Place, located in King of Prussia, PA, through a joint venture with Oakhurst Advisors, LLC. The acquisition was financed by Wells Fargo, and The Plascencia Group represented the seller. Ms. Thuong Luong and Ms. Molly Caccamo of Gehr Hospitality led the transaction on behalf of the Company. We like the Philadelphia market, and in particular the local demand generators in the King of Prussia sub-market,” said David Lifschitz, President and CEO of The Gehr Group, “and we welcome the addition of this property to our...
Gehr Hospitality Acquires Two Marriott Hotels Located in Nashville, Tennessee
Gehr Hospitality | October 18, 2018
LOS ANGELES—October 18, 2018—Gehr Hospitality, a division of The Gehr Group (www.gehr.com), announced the acquisition of the 94-room Courtyard Nashville at Opryland and 109-room Fairfield Inn & Suites Nashville at Opryland. The acquisition was financed by BMO Harris Bank, and the Plascencia Group represented the seller. Ms. Thuong Luong and Ms. Molly Caccamo of Gehr Hospitality led the transaction on behalf of the Company. "We like the Nashville market, and in particular the Opryland Submarket," said David Lifschitz, President and CEO of The Gehr Group, "and we are pleased to expand our affiliation with the Marriott bran...
McKibbon Hospitality Begins Multi-Million-Dollar Renovation on the Aloft Jacksonville
McKibbon Hospitality | October 4, 2018
Jacksonville, F.L. (October 4, 2018) – McKibbon Hospitality, an award-winning leader in hotel development, management and renovations, today announced that the Aloft Jacksonville Airport has begun multi-million-dollar renovations that encompass the entire hotel. McKibbon Hospitality manages the hotel which is owned by Gehr Hospitality. The hotel is located three miles from the Jacksonville International Airport and just 15 miles north of downtown Jacksonville. The new design will incorporate locally-inspired elements throughout the property to showcase Jacksonville's culture. Renovations will encompass the entire hotel including t...
Gehr Hospitality Acquires 136-Room Aloft Jacksonville Airport in Florida
Gehr Hospitality | January 30, 2018
LOS ANGELES--January 30, 2018--Gehr Hospitality, a division of The Gehr Group (www.gehr.com), announced the acquisition of the Aloft Hotel, Jacksonville Airport, located three miles from the Jacksonville International Airport and just 15 miles north of downtown Jacksonville. The acquisition was financed by BMO Harris Bank, and McKibbon Hospitality will manage the hotel on behalf of Gehr Hospitality. Ms. Thuong Luong and Ms. Molly Caccamo of Gehr Hospitality led the transaction on behalf of the Company. "We like the Jacksonville lodging market, with its rapidly improving local economy, strong employment market, and robust port trade," sa...
Gehr Hospitality Selects McKibbon Hospitality to Manage Aloft Jacksonville Airport
McKibbon Hospitality | January 29, 2018
Tampa, F.L. (January 29, 2018) – McKibbon Hospitality, an award-----winning leader in the hotel development and management industry, announced today that it has added the Aloft Jacksonville Airport hotel to its management portfolio. Owned by Gehr Hospitality, the hotel is located three miles from the Jacksonville International Airport and just 15 miles north of downtown Jacksonville. The new management contract expands McKibbon Hospitality's presence in Jacksonville, where the company currently manages the Homewood Suites Jacksonville-South/St. Johns Center. It also adds a new Aloft Hotel to McKibbon's portfolio, in addition to th...
Gehr Hospitality Acquires the Four Points by Sheraton, Charlotte
The Gehr Group | June 30, 2017
LOS ANGELES--June 30, 2017--Gehr Hospitality, a division of The Gehr Group (www.gehr.com), announced the acquisition of the Four Points by Sheraton, Charlotte. The Company will invest additional funds to upgrade the property, including a lobby renovation and additional capital improvements for exterior and system upgrades. The acquisition was financed by BMO Harris Bank, and Real Hospitality Group will manage the hotel on behalf of Gehr Hospitality. Ms. Thuong Luong and Ms. Molly Caccamo of Gehr Hospitality led the transaction on behalf of the Company. "The hotel has a substantial upside potential in a strong local market, both in reven...
