ARLINGTON, Va.–(BUSINESS WIRE)–Dec 14, 2021–
Excel Group, an Arlington, VA-based real estate investment firm, recently completed the acquisition of five hotels via three separate transactions – the 154-room Embassy Suites Dulles North Loudoun, 90-room Homewood Suites Dulles North Loudoun, 170-room Homewood Suites Lansdale, 94-room Courtyard Charlotte Northlake & 94-room Residence Inn Charlotte Northlake.
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Courtyard and Residence Inn Charlotte Northlake, Embassy Suites Dulles North Loudoun, Homewood Suites Dulles North Loudoun and Homewood Suites Lansdale. (Photo: Business Wire)
“We are very excited to add these premium-branded, select-service assets in growing Mid-Atlantic and Southeast markets to our portfolio,” remarked founder Shoham Amin. “Looking forward, we continue to see attractive opportunities to capitalize on this economic cycle as the hotel industry rebounds.”
For more information, please contact Leah Noecker of Excel Group at Leah.Noecker@excelgp.com.
ABOUT EXCEL: Excel Group is an Arlington, VA-based real estate private equity firm that owns, develops, and asset manages hotels across the US. Excel Group is focused on disciplined, cycle-appropriate hotel real estate acquisitions and asset management.
View source version on businesswire.com:https://www.businesswire.com/news/home/20211214006195/en/
CONTACT: Leah Noecker
Excel Group
KEYWORD: VIRGINIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY FINANCE REIT PROFESSIONAL SERVICES LODGING DESTINATIONS VACATION TRAVEL
SOURCE: Excel Group
Copyright Business Wire 2021.
PUB: 12/14/2021 02:34 PM/DISC: 12/14/2021 02:34 PM
Copyright Business Wire 2021.
