DENVER, Colorado; TAMPA, Florida; ATLANTA, Georgia—HREC Funding Advisors introduced that it has organized the sale of the 93-guestroom Courtyard Tampa Brandon, and the 107-guestroom Fairfield Inn & Suites Tampa Brandon, each situated in Tampa, Florida. 5 Rivers Hospitality, headquartered in Salt Lake Metropolis, Utah, acquired the properties.
HREC Funding Advisors solely represented the vendor on this transaction. The advertising and marketing and negotiations have been led by Scott Stephens (senior principal, chief working officer, and dealer on report for Florida), Niven Patel (senior vp – Tampa), and Wendy Blissett (senior vp – Atlanta).
“This profitable multi-property closing reinforces Tampa Bay’s standing as a first-rate goal for actual property funding, significantly inside the thriving hospitality sector,” mentioned Patel.
Located ten minutes east of downtown Tampa, the lodges have entry to a number of points of interest, together with Busch Gardens, the Florida Aquarium, the Tampa Zoo, Amalie Enviornment, and the Tampa Riverwalk.
