Excel Group has partnered with Ares Management Real Estate Secondaries funds to invest in a portfolio of Excel-owned Marriott- and Hilton-branded hotels.
The portfolio comprises eight assets primarily concentrated in high-demand U.S. East Coast markets with a mix of limited-service, select-service and extended-stay hotels. The transaction also provides additional capital for Excel Group to continue to grow their hotel portfolio.
“This transaction is a pivotal milestone for Excel that builds on our team’s exceptional work to date. Our collaboration with Ares combines significant capital resources and a deep understanding of the hospitality landscape. We are excited to have Ares’s strategic support as we expand our portfolio and seek to achieve even greater success in the future,” said Shoham Amin, founder and principal of Excel Group.
“We are excited to partner with Shoham Amin and the Excel team as we look to capitalize on continued favorable fundament
