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US hotel deals: Bradford Allen acquires SpringHill Suites property in Indiana

Hilton Atlanta Airport sells to Highline Hospitality Partners
Bradford Allen acquired the 130-room SpringHill Suites Indianapolis Fishers from Apple Hospitality REIT for an undisclosed price. (CoStar)
Bradford Allen acquired the 130-room SpringHill Suites Indianapolis Fishers from Apple Hospitality REIT for an undisclosed price. (CoStar)
Hotel News Now
April 15, 2025 | 2:34 P.M.

This roundup features the latest hotel transactions in the U.S. hotel industry.

Rooms: 510
Location: Atlanta
Buyer: Highline Hospitality Partners
Seller: Wheelock Street Capital
Date of transaction: April 3, 2025
Takeaway: This is Highline Hospitality's second property in Atlanta, joining the Sheraton Suites Galleria-Atlanta.

Rooms: 294
Location: Baton Rouge, Louisiana
Buyer: APM Property Holdings
Seller: N/A
Date of transaction: March 31, 2025
Takeaway: Hunter Hotel Advisors facilitated the transaction. Schulte Hospitality has been selected as the property's management company.

Rooms: 91
Location: Southaven, Mississippi
Price, including debt: $8.02 million
Price per room: $88,077
Buyer: Jalaram Hotel Group
Seller: Helix Hospitality
Date of transaction: March 26, 2025
Takeaway: Hunter Hotel Advisors facilitated the transaction. The property was recently renovated in 2023.

Rooms: 130
Location: Fishers, Indiana
Buyer: Bradford Allen
Seller: Apple Hospitality REIT
Date of transaction: March 19, 2025
Takeaway: Opened in 2007 and renovated in 2016, the hotel features an indoor pool, meeting room, convenience store, fitness center, laundry room, complimentary breakfast buffet and complimentary on-site parking.

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