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...