waramaug
Waramaug Acquires Holiday Inn Express & Suites Bonita Springs, Florida
Waramaug Hospitality | December 11, 2019
December 11, 2019, Boca Raton, FL — Waramaug Hospitality announced today that it acquired the Holiday Inn Express & Suites Naples North – Bonita Springs, located in Bonita Springs, Florida. The four-story, 105-room property features standard Holiday Inn Express amenities and was renovated to the IHG Formula Blue standard at a cost of $1.5mm in 2016. Waramaug will complete the Formula Blue renovation with significant lobby and public space upgrades, as well as new carpet and other amenities in the guest rooms. “Despite its outstanding location and amenities, the property has been trailing the competitive set, and we intend to ...
Waramaug Hospitality Acquires SpringHill Suites by Marriott Tallahassee Center and the Residence Inn by Marriott Port St. Lucie
Waramaug Hospitality | August 27, 2019
August 27, 2019, Boca Raton, FL — Waramaug Hospitality, a private investment group focused on acquiring legacy branded assets throughout the United States, announced today the acquisitions of the SpringHill Suites by Marriott Tallahassee Center in Tallahassee, Florida and the Residence Inn by Marriott Port St. Lucie in Port St. Lucie, Florida. The 4-story, 88-suite SpringHill Suites features studio suites with plush Marriott bedding, dry-bar featuring a microwave and minifridge, separate living area with trundle bed and workspace, flat-screen HDTV, 24-hour business center, 24-hour fitness center, outdoor pool with grilling area, and 635 ...
Waramaug Acquires Hilton Garden Inn Albuquerque Airport and Homewood Suites by Hilton Albuquerque Airport
Waramaug Hospitality | August 23, 2018
August 23, 2018, Boca Raton, Fla.— Waramaug Hospitality, in a joint venture with an institutional investor, announced today the acquisition of the Hilton Garden Inn Albuquerque Airport and Homewood Suites by Hilton Albuquerque Airport. The 107-room Hilton Garden Inn's guestrooms provide the comforts of home including a microwave, refrigerator, and complimentary Wi-Fi. The property also features a 24-hour business center, heated indoor pool, fitness center, and cooked-to-order breakfast at the Garden Grille & Bar. The 93-room Homewood Suites by Hilton offers studio, one-bedroom or two-bedroom suites with granite countertops, da...
Waramaug LS Hotels LLC Acquires Candlewood Suites Athens, Georgia; Renovation Planned
Waramaug LS Hotels LLC | February 26, 2018
Boca Raton, FL, February 26, 2018 — Waramaug LS Hotels LLC, a private investment group focused on acquiring legacy branded assets throughout the United States, announced today the acquisition of the Candlewood Suites, Athens, Georgia. The four-story 97-suite hotel features spacious rooms with fully equipped kitchens, free Wi-Fi, fitness and business center, on-site laundry service, outdoor gazebo, grill and picnic tables. "The Candlewood Suites Athens is well positioned in this market near numerous business, retail, medical, and educational demand generators," said Craig Nussbaum, Senior Vice President, Waramaug Hospitality. "An e...
Waramaug LS Hotels Completes Renovations of Extended Stay Portfolio Including Three SpringHill Suites and Seven TownPlace Suites
Waramaug LS Hotels | June 7, 2017
Jun. 7, 2017, Boca Raton, Fla.— Waramaug LS Hotels LLC (or Waramaug), a private investment group, has completed extensive renovations of a portfolio of extended-stay hotels. The properties are located throughout the strategic submarkets of Minneapolis, Milwaukee and Detroit with three SpringHill Suites by Marriott and seven TownPlace Suites by Marriott totaling ten properties and 1,103 rooms. The portfolio is owned by a partnership with Waramaug, Interstate Hotels & Resorts, and Gatehouse Capital, an advisory client of Arch Street Capital Advisors, LLC. Gatehouse Capital is a part of the larger Gatehouse Financial Group, Ltd. ...
Waramaug LS Hotels Completes Renovation of Six Fairfield Inn by Marriott Hotels
Waramaug LS Hotels | January 5, 2017
Jan. 5, 2017, Boca Raton, Fla.— Waramaug LS Hotels LLC (or Waramaug), a private investment group, has completed extensive renovations of six Fairfield Inn by Marriott hotels, totaling over 680 rooms, located throughout New England. Purchased in the first quarter of 2015, the portfolio comprises the Fairfield Inn Burlington in Williston, Vermont; Fairfield Inn Portsmouth Seacoast in Portsmouth, New Hampshire; Fairfield Inn Amesbury in Amesbury, Massachusetts; Fairfield Inn Boston Woburn Burlington in Woburn, Massachusetts; Fairfield Inn Boston Tewksbury Andover in Tewksbury, Massachusetts; and the Fairfield Inn New Haven in Walling...
Waramaug LS Hotels, LLC Acquires Holiday Inn Express Hauppauge, New York
Waramaug LS Hotels | November 11, 2016
November 11, 2016, Boca Raton, FL— Waramaug LS Hotels, LLC announced today the acquisition of the Holiday Inn Express Hauppauge Long Island, in Hauppauge, New York. Opened in 2001, the seven-story, 133-room hotel recently underwent a comprehensive renovation, upgrading the entire property to latest brand standards. The hotel features an indoor swimming pool, business center, fitness center, sundry shop, complimentary breakfast, free high-speed wireless internet and two meeting rooms. "The Holiday Inn Express Hauppauge Long Island is well positioned amidst numerous business, leisure, governmental, medical and educational demand gen...
Waramaug LS Hotels, LLC Purchases La Quinta Inn & Suites Bonita Springs in Florida
Waramaug LS Hotels | December 7, 2015
December 7, 2015, Boca Raton, FL— Waramaug LS Hotels, LLC announced today the purchase of the La Quinta Inn & Suites Bonita Springs/Naples North in Bonita Springs, Florida. The four-story 87-room property underwent a comprehensive renovation in 2012 and consistently outpaces its competitive set receiving consistently excellent traveler ratings. The hotel ranks in the top 2% nationally in the La Quinta System and enjoys top ranking in the local market by TripAdvisor. La Quinta Franchising recognized the hotel in 2012 with the Outstanding Renovation of the Year award. "Bonita Springs is a compelling market with opportunity for c...
