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Lowe Enterprises Investors Acquires Two Boston Area Residence Inns from Hersha Hospitality Trust
Lowe Enterprises Investors | November 7, 2016
LOS ANGELES--November 7, 2016--Lowe Enterprises Investors (LEI), in joint venture with a foreign investment client, has acquired the 125-suite Residence Inn Boston Framingham and the 96-suite Residence Inn Boston Norwood Canton. "These are solid-performing assets in major suburban Boston markets. Both properties have been recently renovated and are well-located near business centers and regional attractions providing a strong customer base," noted Bleecker P. Seaman, co-CEO of LEI. Chris Miller and Russell Munn led the investment team for LEI. The HFF investment sales team representing the seller, Hersha Hospitality Trust, was led by ma...
Lowe Enterprises Investors Acquires 370-Room Hilton Garden Inn Portfolio in Atlanta from Southern States Hospitality
Lowe Enterprises Investors | April 4, 2016
ATLANTA- April 4, 2016 -Lowe Enterprises Investors ("LEI") has acquired a three property, 370-room portfolio of Hilton Garden Inns in Atlanta on behalf of an investment client. The portfolio consists of the Hilton Garden Inn – Atlanta NW Wildwood, the Hilton Garden Inn – Atlanta Northpoint and the Hilton Garden Inn – Atlanta North Johns Creek, all solid performing properties located in strong employment centers. LEI plans to upgrade guestrooms at all of the properties including modernizing the bathrooms, furnishings and décor. All hotel lobbies were recently renovated. "The Atlanta market continues to strengthen...
