hampton inn & suites atlanta midtown
RLJ Lodging Trust to Acquire Hampton Inn & Suites Atlanta Midtown for $50 Million
RLJ Lodging Trust | July 28, 2021
BETHESDA, Md. – July 28, 2021 – RLJ Lodging Trust today announced that it is under contract to acquire the fee simple interest in the newly-built, 186-room Hampton Inn & Suites Atlanta Midtown (the “Hotel”) for a purchase price of $58.0 million in cash. Upon stabilization, the Company expects the Hotel to generate an estimated 8.0% to 8.5% NOI yield. “We are pleased to acquire this high-quality, young asset in one of the fastest growing markets in the country,” commented Leslie D. Hale, President and Chief Executive Officer. “Midtown Atlanta is a top submarket, and this property is located within the heart of dema...
North Point Hospitality Celebrates Topping Out of Hampton Inn & Suites by Hilton in Midtown Atlanta, Georgia
Hampton by Hilton | May 13, 2019
Atlanta, GA – May 13, 2019 – North Point Hospitality, an award-winning Atlanta based hotel development and operations company, celebrated the topping out of its Hampton Inn & Suites by Hilton Atlanta Midtown today. The 186-room hotel, located at 1231 West Peachtree Street, sits in the epicenter of the bustling midtown area on the corner of West Peachtree & 15th streets across from the Arts Center MARTA Station. The hotel is conveniently located near the Museum of Design Atlanta, SCAD Atlanta and the Woodruff Arts Center, home of the Atlanta Symphony, the High Art Museum and the Alliance Theatre. It is expected to open in early ...
