NEWPORT NEWS, Virginia—Mumford Firm introduced the just lately accomplished transaction of the TownePlace Suites within the Memphis suburb of Southaven, Mississippi. Steve Kirby and Ed James, Mumford’s managing principals; Justin Pinkard, principal, and John James, senior affiliate within the Atlanta workplace represented the vendor, Peachtree Group. The purchaser was Southaven Lodge Funding Group, LLC, an affiliate of ARK Growth.
Kirby stated, “It was a pleasure to characterize Peachtree Group as soon as once more. This was our third transaction bought on their behalf. It was additionally the third transaction with associates of this purchaser group. The professionalism on either side of the deal made it straightforward to consummate. Repeat enterprise is really the perfect enterprise.”
