McNeill Hotel Investors has acquired several assets in recent months.
The acquisitions were made by McNeill as part of its agreement with an investment fund managed by Almanac Realty Investors.
The developer acquired a two-hotel portfolio of adjacent properties in Columbia, Md. The portfolio consists of the four-story, 124-room Hampton Inn & Suites by Hilton and the four-story, 117-room Springhill Suites by Marriott.
Other assets include the 95-room, select-service, all-suite Home2 Suites by Hilton in Gainesville, Fla.; the 137-room Homewood Suites by Hilton in Carmel, Ind.; the four-story, 150-room Hilton Garden Inn in Beaverton, Ore.; and the four-story, 105-room all-suite, extended-stay Home2 Suites in Mobile, Ala.
The acquisitions are part McNeill Hotel Co.’s strategic plan to expand into secondary and tertiary markets within the United States. According to Hotel Management, Chris Ropko, CFO at McNeill, states the company will be see