News: Front Section
Posted: January 12, 2012
Roedel Companies adds 147-room Hampton Inn to hotel portfolio
lake buena Vista, FL N.H.-based hotel owner/operator Roedel Companies has added a 147-room Hampton Inn to its hotel portfolio. Roedel Companies is utilizing its subsidiary company RGH Hospitality, LLC to manage the property on behalf of owners SteepRock Capital, LLC and LBV Property Associates, LLC.
Renovations to the Hampton Inn are slated for August 2012. The hotel's lobby will be remodeled and its exterior repainted. The property's landscaping will also be updated and provide curb appeal.
"SteepRock Capital is excited to be entering the Orlando market," said John Bucci, co-founder and co-managing partner of SteepRock Capital. "We see a strong future for the hotel and are pleased to be partnered with Roedel Companies and RGH Hospitality."
Tags:
Front Section
MORE FROM Front Section
Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
Columns and Thought Leadership
Make PR pop by highlighting unique angles - by Stanley Hurwitz
Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore
While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
Four tips for a smooth 1031 Exchange - by Bill Lopriore
Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul
To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.