siegel suites select
The Siegel Group Nevada Acquires 244-Unit Hotel in Albuquerque, New Mexico
The Siegel Group Nevada, Inc. | November 29, 2017
LAS VEGAS - The Siegel Group Nevada, Inc., a real estate investment and management company announced today that it had acquired a 244-unit hotel property located in Albuquerque, New Mexico that was previously operated under both the Travelodge® and Super 8® motel brands for $4 million. This acquisition, which is characteristic of The Siegel Group's investment strategy of acquiring underperforming, value-add assets substantially below replacement cost, increases the number of Siegel Suites® and Siegel Suites Select® properties throughout the southwestern United States to 42 and marks the second location The Siegel Group h...
The Siegel Group Nevada Acquires Former Rodeway Inn Convention Center Hotel for $6.1 Million
The Siegel Group Nevada, Inc. | January 27, 2016
LAS VEGAS —January 27, 2016 — The Siegel Group Nevada, Inc., a real estate investment and management company, announced that it had acquired the former Rodeway Inn Convention Center hotel. The sale was an off-market transaction with a purchase price of $6.1 million which The Siegel Group closed in just 30 days. The 102 unit property is centrally located on Convention Center Drive just one-half block from both Las Vegas Boulevard and the Las Vegas Convention Center (LVCC). The property is adjacent to the former Riviera Hotel and Casino and a mix of commercial properties that front Las Vegas Boulevard all of which are being he...
The Siegel Group Acquires a 483-key Extended Stay Legacy Suites Property in Arizona for $8.3 Million
The Siegel Group Nevada, Inc. | June 18, 2015
Will join two recently acquired Las Vegas properties in conversion to new brand Siegel Suites Select June 17, 2015 - The Siegel Group Nevada, Inc., a real estate investment and management company founded by Stephen Siegel, announced today that it had acquired a 483-unit extended stay property in Arizona previously operated under the Legacy Suites brand for $8.30 million. The acquisition of its newest location increases the properties operated under the various Siegel Suites brands to 34 with additional locations scheduled to open in 2015. In addition to the company's many Siegel Suites locations, The Siegel Group also owns and operates ...
The Siegel Group Acquires Two Crestwood Suites’ Las Vegas Extended Stay Properties for $12 million
The Siegel Group Nevada, Inc. | May 15, 2015
LAS VEGAS —May 15, 2015 — The Siegel Group Nevada, Inc., a real estate investment and management company, today announced that it had acquired two extended-stay properties totaling 305 units in Las Vegas previously operated under the Crestwood Suites brand for $12 million. The purchase of these two locations increases the properties operated under the various Siegel Suites brands to 33 with a number of additional locations scheduled to open in 2015. Built in 2001 and located on the world famous Las Vegas Strip, the first property formerly known as Crestwood Suites of Las Vegas Blvd is comprised of 155 extended-stay units situated on...
