plasencia group
The Plasencia Group Facilitates Sale of Hotel Indigo San Antonio-Riverwalk
The Plasencia Group | December 4, 2017
Tampa, Fla. (December 4, 2017) – The Plasencia Group is pleased to announce the sale of the Hotel Indigo located in the Riverwalk district of San Antonio, Texas. The firm represented LNR Property in the sale of the 149-room hotel to Phoenix Hospitality Group, a San Antonio-based hospitality investment, development and management company. The Plasencia Group's Senior Vice President Robert Wiemer and Vice Presidents Paul Williams and Joe Corcoran advised the client in this disposition. "The new owners of this asset will be able to capitalize on its tremendous potential as a prominent lodging destination in San Antonio's thriving Ri...
The Plasencia Group Advises on Sale of Aloft Leawood-Overland Park
The Plasencia Group | December 20, 2016
Tampa, Fla. (December 20, 2016) – The Plasencia Group is pleased to announce the sale of the Aloft Leawood-Overland Park hotel, located in Leawood, Kansas. The firm represented Presidian Hotels and Resorts in the sale of the six-story, 156-room hotel to Condor Hospitality Trust. "Shortly after opening in 2009, the Aloft quickly established itself as the premier upper-end, select-service hotel, not only in Leawood and Overland Park, but throughout the southwest quadrant of the Kansas City Metroplex," commented Robert Wiemer, Senior Vice President of The Plasencia Group. "We anticipate that the new owner will continue to benefit fr...
The Plasencia Group Represents Ashford Hospitality Trust in Sale of Hampton Inn & Suites Gainesville Downtown
The Plasencia Group | September 2, 2016
Tampa, Fla. (September 2, 2016) – The Plasencia Group is pleased to announce the sale of the Hampton Inn & Suites Gainesville Downtown Hotel, located in Gainesville, Florida. The firm represented Ashford Hospitality Trust, Inc. (NYSE: AHT) in the sale of the 124-room hotel to Key International, a Miami-based real estate investment and development company, for a sum of approximately $27,000,000. "Since opening in 2009, the Hampton Inn has remained in excellent condition," commented Joe Corcoran, Vice President of The Plasencia Group. "Our client was able to advance its investment strategy by selling a non-core asset, and we an...
The Plasencia Group Closes Sale of Hilton University of Florida Conference Center Hotel
The Plasencia Group | February 15, 2016
Tampa, Fla. (February 15, 2016) – The Plasencia Group is pleased to announce the sale of the Hilton University of Florida Conference Center Hotel, located in Gainesville, Florida. The firm represented the seller in the sale of the 248-room hotel to Arden Group, a real estate investment firm based in Philadelphia, Pennsylvania. Dennis Reed, Senior Vice President of The Plasencia Group's Southeast region commented, "This was an ideal exchange for both our client and the purchaser. The seller was able to execute on a key strategic initiative, and the buyer was able to acquire a prominent piece of real estate in a strong, university-...
The Plasencia Group Advises on Sale of The Former DoubleTree by Hilton Hotel Richmond Downtown
The Plasencia Group | March 4, 2015
Tampa, Fla. (March 4, 2015) - The Plasencia Group is pleased to announce the sale of the DoubleTree by Hilton Hotel Richmond Downtown, located in Richmond, Virginia. The firm represented Richmond Hotel Partners, LP, the owner of the 15-story, 230-room hotel. AJ Capital Partners, a Chicago-based real estate development and investment firm, acquired the property and will convert it to the Graduate Richmond. Launched by AJ Capital Partners, Graduate Hotels are a collection of lodging establishments in close proximity to many colleges and universities. Each boutique property celebrates the culture and history of its host community. The now ...
