woodmont lodging
Woodmont Lodging, Milestone Companies and Blue Vista Capital Management Acquire Holiday Inn Asheville East Through JV
Woodmont Lodging | January 24, 2022
ASHEVILLE, NC — January 24, 2022 — Woodmont Lodging, Milestone Companies and Blue Vista Capital Management today announced the joint venture acquisition of the 111-room Holiday Inn Asheville East in N.C. This marks the fourth hotel transaction the companies have finalized together since 2018. “We are excited to begin the new year by acquiring the Holiday Inn Asheville East, a recently fully renovated hotel in a strong, drive-to market,” said Elliott Estes, principal, Woodmont Lodging. “We were able to source the opportunity 100% off-market at well below replacement cost, proving that we continue to be a resourceful and nimb...
Woodmont Lodging, Milestone Companies and Blue Vista Announce Joint Venture Recapitalization of Sheraton Milwaukee Brookfield Hotel
Woodmont Lodging | July 7, 2020
MILWAUKEE - Woodmont Lodging, a leading hotel company, Blue Vista Capital Management, a leading real estate investment firm, and Milestone Companies, a premier full-service real estate development company specializing in hotel assets, today announced the joint venture recapitalization of the 388-room Sheraton Milwaukee Brookfield Hotel in Wisconsin. Woodmont Lodging and Milestone Hospitality will acquire a minority interest in the hotel and provide asset management services. Blue Vista Capital Management will be the lead investor in the transaction. “The Sheraton Milwaukee Brookfield Hotel benefits from its prime location in the reinvig...
Woodmont Lodging, Milestone Companies and Blue Vista Complete Joint Acquisition of New Fairfield Inn & Suites Pittsburgh Downtown
Woodmont Lodging | October 7, 2019
PITTSBURGH, Pa., Oct. 7, 2019— Woodmont Lodging, a leading hotel company, and Milestone Companies, a premier full-service real estate development company specializing in hotel assets, today jointly announced the completed acquisition of the 98-room Fairfield Inn & Suites Pittsburgh Downtown. Woodmont Lodging will provide asset management services, and Milestone Hospitality will deliver property management services to the newly constructed hotel. “We continue to seek premium-branded assets in compelling markets with multiple demand generators capable of better weathering any potential economic downturns,” said Elliott Estes, pri...
Woodmont Lodging Partners With Blue Vista Capital Management and Milestone Companies to Acquire Dual-Branded Winston-Salem Hotel Campus
Woodmont Lodging | September 25, 2018
Bethesda, Md. – Sept. 25, 2018 – Woodmont Lodging, a real estate investment firm specializing in select-service and extended-stay hotels, and Milestone Companies, a fully integrated owner/operator of hospitality properties, have acquired the SpringHill Suites by Marriott Winston-Salem Hanes Mall and the Home2 Suites by Hilton Winston-Salem Hanes Mall. The properties will be managed by Milestone Hospitality Management, LLC. The hotels' attractive offerings, premier brand affiliations, and shared location on a single campus in the prime Hanes Mall subdistrict of the Winston-Salem/Greensboro/High Point Triad Region, provide the...
Waramaug LS Hotels and Woodmont Lodging Complete $2.4 Million Renovation of Holiday Inn Express & Suites Bentonville
Waramaug LS Hotels | March 7, 2018
Boca Raton, FL, March 7, 2018 — Waramaug LS Hotels and Woodmont Lodging today announced the completion of the $2.4 million renovation of the Holiday Inn Express & Suites Bentonville. "This extensive renovation allows us to position the property to meet today's traveler's discerning taste and will enhance the guest experience," said Rae Salling, Senior Vice President of Asset Management, Waramaug Hospitality. "These significant upgrades will allow the property to showcase itself as a market leader and outperform its competition in Bentonville." The comprehensive renovation included upgrading all guest rooms to IHG Formula Blue ...
Waramaug LS Hotels Acquires Two Arkansas Hotels in Partnership with Woodmont Lodging
Woodmont Lodging | July 27, 2016
July 27, 2016, Boca Raton, FL— Waramaug LS Hotels, a private investment group focused on acquiring legacy branded hotels throughout the United States, announced today the closing of two hotels in a new partnership with Woodmont Lodging. The properties, located in Northwest Arkansas, include the Holiday Inn Express & Suites Bentonville and the Fairfield Inn & Suites Springdale. The partnership will execute a Formula Blue renovation at the 84-key Holiday Inn Express & Suites while the 74-key Fairfield Inn & Suites recently underwent a full renovation. Both properties are supported by strong brands, Marriott and Inter...
