the siegel group nevada
The Siegel Group Nevada Acquires Motel 6 New Orleans and Studio 6 New Orleans
The Siegel Group Nevada, Inc. | August 23, 2021
LAS VEGAS - August 23, 2021 - The Siegel Group Nevada, Inc., a real estate investment and management company, announced today that it had acquired two properties previously operated as the Motel 6 New Orleans and Studio 6 New Orleans. This acquisition increases the number of Siegel Suites® (www.siegelsuites.com) and Siegel Select® (www.siegelselect.com) properties throughout the United States to over 60 and marks the brand’s fifth location in the Louisiana market. These locations are in addition to the company’s significant presence throughout Nevada, Arizona, Texas, New Mexico, Tennessee, Mississippi, Alabama, South Carolina and Ohio...
The Siegel Group Nevada Acquires Two Budgetel Extended Stay Hotels in Alabama
The Siegel Group | July 1, 2020
LAS VEGAS - The Siegel Group Nevada, Inc., a real estate investment and management company, announced today that it had acquired two former Budgetel extended stay hotels in Birmingham, Alabama. These acquisitions increase the number of Siegel Suites® and Siegel Select® properties throughout the United States to 58 and mark the brand’s second and third locations in the Alabama market. These locations are in addition to the company’s sizable presence throughout Nevada, Arizona, Texas, New Mexico, Louisiana, Tennessee, Mississippi, Alabama, South Carolina and Ohio. “We opened our first Siegel Select location in Montgomery, AL just un...
The Siegel Group Nevada Acquires Portfolio of Three Extended-Stay Properties for $9.36 Million
The Siegel Group Nevada, Inc. | July 26, 2018
LAS VEGAS — The Siegel Group Nevada, Inc. (www.siegelcompanies.com), a real estate investment and management company announced today that it had acquired a portfolio of three extended-stay properties for just under $9.36 million for an average of $28,000 per key. This portfolio acquisition increases the number of Siegel-branded properties throughout the United States to 51. With these acquisitions, The Siegel Group expands its Siegel brands into the new markets of Alabama and Mississippi and a second location in Louisiana which are in addition to the company's other properties situated throughout Nevada, Arizona, Texas, New Mexico...
The Siegel Group Nevada Acquires Four Extended-Stay Properties for $14 Million to Operate Under Siegel Select Brand
The Siegel Group Nevada, Inc. | March 13, 2018
LAS VEGAS — March 13, 2018 — The Siegel Group Nevada, Inc. (www.siegelcompanies.com), a real estate investment and management company announced today that it had acquired a 500-unit portfolio of four extended-stay properties previously operated under the Crossland Economy Studios brand for $14 million for an average of $28,000 per key. This portfolio acquisition brings the total of Crossland locations to five that the Las Vegas-based company has acquired in the past fifteen months and increases the number of Siegel-branded properties throughout the United States to 46. With these acquisitions, The Siegel Group expands its Si...
The Siegel Group Completes Sale of Las Vegas’ Rumor Boutique Hotel for $18 Million
The Siegel Group Nevada, Inc. | January 25, 2017
LAS VEGAS —February 25, 2017 — The Siegel Group Nevada, Inc., a real estate investment and management company founded by Stephen Siegel, announced today that it had completed the sale of the Rumor Boutique Hotel for $18 million. The buyer was an international investment group based out of China which paid the full listing price, which was over 70% higher than the price paid for the property - a testament to the Siegel Group's ability to identify under-valued assets and utilize its hands-on management style and creativity to add substantial value to assets it acquires. The Rumor brand was not included as part of the sale and ...
The Siegel Group Nevada Acquires 126-Unit Extended Stay Property Located in Las Vegas, Nevada
The Siegel Group Nevada, Inc. | December 27, 2016
LAS VEGAS —December 27, 2016 — The Siegel Group Nevada, Inc., a real estate investment and management company announced today that it had acquired a 126-unit extended stay property located in Las Vegas, Nevada previously operated under the Crossland Economy Studios brand for $4.55 million. This is the fourth location operated under the various Siegel Suites brands that The Siegel Group has acquired in the last several months. The acquisition of its newest property increases the number of Siegel Suites and Siegel Suites Select locations located throughout Nevada, Arizona and New Mexico to 37 with additional locations schedule...
The Siegel Group Acquires Legacy Suites in Tolleson, Arizona for $16.6 Million
The Siegel Group Nevada, Inc. | August 30, 2016
LAS VEGAS —August 30, 2016 — The Siegel Group Nevada, Inc., a real estate investment and management company announced today that it had acquired a 442-unit extended stay property located in Tolleson, Arizona previously operated under the Legacy Suites brand for $16.60 million. This is the third Legacy Suites location that The Siegel Group has acquired in the last fourteen months with the other properties located in Phoenix and Casa Grande, Arizona. The acquisition of its newest location increases the properties operated under the various Siegel Suites brands located throughout Nevada, New Mexico, and Arizona to 36 with addit...
The Siegel Group Nevada Acquires 260-Unit Legacy Suites in Phoenix, Arizona for $10.55 Million
The Siegel Group Nevada, Inc. | March 9, 2016
LAS VEGAS —March 9, 2016 — The Siegel Group Nevada, Inc., a real estate investment and management company announced today that it had acquired a 260-unit extended stay property located in Phoenix, Arizona previously operated under the Legacy Suites brand for $10.55 million. This is the second Legacy Suites location that The Siegel Group has acquired from the prior ownership in the last nine months with the other property located in Casa Grande, Arizona. The acquisition of its newest location increases the properties operated under the various Siegel Suites brands to 35 with additional locations scheduled to open in 2016. Bui...
