loxi hospitality
Banyan Investment Group & Investra Investment Purchase Comfort Suites in Metropolitan Cincinnati
Banyan Investment Group | August 11, 2015
Banyan Investment Group and Investra Investments have purchased the Comfort Suites in Newport, Kentucky, located on the Ohio River directly across from Cincinnati, Ohio, a metropolitan area of more than two million people. The six-story, 124-all suites property will undergo a $1.75 million renovation during the next few months that will meet or exceed architectural and brand standards specified by Choice Hotels International. Built in 1997, the hotel includes amenities such as a business center; an exercise room and fitness center; three conference rooms with combined flexible meeting space of almost 3,100 sq. ft.; and 10 two-room presi...
Banyan Investment Group and Investra Investments Purchase Hampton Inn & Suites, Downtown Albany, NY
Banyan Investment Group | May 20, 2015
May 20, 2015 - Banyan Investment Group and Investra Investments have purchased the Hampton Inn & Suites on Chapel Street in downtown Albany, N.Y. Loxi Hospitality provided advisory services with the transaction. The property will undergo a multi-million dollar renovation during the next few months that will meet or exceed the architectural and design standards specified by Hilton Worldwide. Opened in 2005, the 10-story Hampton includes 165 guest rooms; a business center; and 2,700 sq. ft. of meeting space. There is also restaurant space that is leased to a third-party operator who offers guests two signature cuisine options -- "Yono...