hdp
Alex. Brown Realty and Hotel Development Partners Sell Courtyard Atlanta Alpharetta/Avalon Area Hotel
Alex. Brown Realty | February 23, 2022
BALTIMORE, MD - February 23, 2022 - Alex. Brown Realty (ABR) and Hotel Development Partners (HDP) are pleased to announce the sale of the Courtyard by Marriott Atlanta Alpharetta/Avalon Area to an entity backed by JMREI and Lionshead Capital Partners. The Atlanta team of Hodges Ward Elliott brokered the transaction. The ABR/HDP joint venture developed the 115-room Courtyard, which opened in early-2019. “We are proud to have brought this state-of-the-art Courtyard to Alpharetta. It was extremely well-received and is among the finest examples of the Courtyard brand,” said Allen O'Brien, CEO of HDP. Hotel Equities, an affiliate of HDP, ...
Hotel Development Partners Breaks Ground for Courtyard in North Atlanta, Hotel Equities to Manage
Hotel Development Partners, LLC | December 5, 2017
ATLANTA (December 5, 2017) – Hotel Development Partners (HDP) recently held a groundbreaking ceremony for the Courtyard by Marriott Alpharetta, Georgia, located across the street from Avalon, a high-end shopping mall in the heart of a booming, mixed-use development north of Atlanta. Hotel Equities will manage the 115-room Courtyard by Marriott. Alex Brown Realty, Inc. serves as a joint venture partner with HDP in developing the hotel that is expected to open in late 2018. "We are pleased to bring a unique, custom-designed Courtyard by Marriott to the Avalon development and this affluent area of North Atlanta," said Allen O'Brien, ...
Hotel Equities to Manage New Residence Inn Atlanta Perimeter Center Dunwoody, Developed by Hotel Development Partners
Hotel Equities | September 6, 2017
ATLANTA-September 6, 2017– Atlanta-based Hotel Equities was named to manage the 127-suite Residence Inn by Marriott Atlanta Perimeter Center Dunwoody, developed and owned by Hotel Development Partners (HDP). The hotel marks the third property owned by HDP and managed by Hotel Equities in the vibrant, upscale Atlanta Perimeter Center market. Joe Fallis serves as the General Manager and Susan Zuppardo is the Director of Sales. Hotel Development Partners also owns the Hampton Inn & Suites by Hilton Atlanta Perimeter Dunwoody and the Fairfield Inn & Suites Perimeter Center. Both are also managed by Hotel Equities. "We are prou...
Hotel Development Partners & Ares Management Acquire Three Hotels in Charleston, S.C.
Hotel Development Partners | August 6, 2015
ATLANTA, GA & LOS ANGELES, CA (August 6, 2015) – Hotel Development Partners (HDP) and funds managed by Ares Management, L.P. (NYSE: ARES) recently announced the purchase of three select service hotels with a total of 248 rooms in North Charleston, South Carolina. The well-positioned hotels include two carrying the Marriott brand—the Residence Inn by Marriott Charleston North/Ashley Phosphate and the Fairfield Inn & Suites by Marriott Charleston North/Ashley Phosphate—as well as a third that is part of the Choice Hotels portfolio of brands. Clustered together in an area just 15 minutes from Historic Downtown Cha...
