The RADCO Companies
RADCO Hotel Division Acquires Three Courtyard by Marriott Hotels Along Florida’s Gulf Coast
RADCO | October 12, 2022
(Atlanta, GA – October 12, 2022) – The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, has added three more properties to its fast-growing portfolio. Focused on growing Southeastern markets with strong business and tourist populations, RADCO has acquired three Courtyard by Marriott hotels along the Gulf Coast with over 300 rooms. Additional terms of the deal were not disclosed. Hunter Hotel Advisors brokered a deal including the Courtyards in Pensacola and downtown Panama City Beach, while CRBE Hotels served as broker for the Courtyard in downtown St. Petersburg. Two of the three properties...
RADCO Acquires Three Hotels in Panama City Beach, Florida
The RADCO Companies | September 27, 2022
(Atlanta, GA – September 27, 2022) – The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, has acquired three new hotels in the Gulf of Mexico resort community of Panama City Beach, FL. The properties add 281 new Marriott and Hilton rooms to RADCO’s fast-growing Hospitality Division. Additional terms of the deal were not disclosed. The properties include a Home2 Suites, adjacent Fairfield Inn & Suites, and a Hampton Inn. All three hotels will be managed by LBA Hospitality. Hospitality Real Estate Counselors (HREC) served as brokers for the Home2 Suites and Fairfield Inn properties, with ...
Recently Launched RADCO Hotel Division Acquires DoubleTree by Hilton Atlanta Roswell in Off-Market Deal for $13.75M
The RADCO Companies | August 27, 2021
Atlanta, GA – August 27, 2021 – The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the acquisition of the 174-room, full-service DoubleTree by Hilton Atlanta Roswell hotel in Roswell, GA for $13.75 million from a real estate fund divesting of hospitality assets. The seven-story property was constructed in 1985 and consists of 76 double-double and 98 king rooms, ±7,800 SF of meeting space, a full-service restaurant and bar, fitness center, mini market and outdoor pool. RADCO plans to modernize and upgrade the hotel, similar to the capital improvement strategies the company has app...
