RADCO Companies
HVMG Adds 112-Room Aloft Lawrenceville Sugarloaf to Management Portfolio
Hospitality Ventures Management Group (HVMG) | November 8, 2022
LAWRENCEVILLE, Ga., November Nov. 8, 2022—Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, today announced that it added the brand-new, 112-room Aloft Lawrenceville Sugarloaf to its third-party hotel management portfolio. Owned by the RADCO Companies, the recently developed five-story hotel just opened for business in early October. “We continue to seek best-in-class partners like the RADCO Companies as we pursue growth both locally and nationally," said Robert Cole, president & chief executive officer, HVMG. “Our familiarity with both Metro Atlanta a...
RADCO Hotel Division Acquires the 112-Key Aloft Sugarloaf in Northeast Atlanta, Geogia
The RADCO Companies | October 19, 2022
(Atlanta, GA – October 19, 2022) – The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, has acquired Aloft Sugarloaf in Atlanta, a newly developed five-story, 112-key hotel located directly off I-85, one of the nation’s busiest interstates. Additional terms of the deal were not disclosed. Monty Levy and Ketan Patel of Hospitality Real Estate Counselors (HREC) brokered the sale. The property, which opened just three weeks ago, will be managed by Hospitality Ventures Management Group (HVMG). Located in the Northeast Atlanta submarket, Aloft Sugarloaf features a pool, fitness center and 24-...
Hospitality Ventures Management Group (HVMG) Assumes Management of 174-Room DoubleTree by Hilton Hotel Atlanta – Roswell
Hospitality Ventures Management Group | October 5, 2021
ATLANTA, GA — October 5, 2021 — Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel management and investment company, today announced that it has taken over management of the 174-room DoubleTree by Hilton Hotel Atlanta - Roswell. This marks HVMG’s fifth Atlanta hotel announced in the past 60 days, bringing the company’s Atlanta-based portfolio to 12 out of 52 hotels nationwide and the tenth new hotel transaction since July. “With the recent addition of the 344 room Marriott Atlanta Perimeter Center, we continue to expand our operating platform in our hometown of Atlanta,” said Robert Cole, p...
