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US Hotel Deals: Wardman Group Sells Portfolio of Three Independent Hotels

Courtyard Boston South, Residence Inn Tampa Also Trade
The Seven Hills Inn sold for $7.5 million to Loge Camps. (CoStar)
The Seven Hills Inn sold for $7.5 million to Loge Camps. (CoStar)
Hotel News Now
January 31, 2023 | 1:46 P.M.

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

Seven Hills Inn

Rooms: 57
Location: Lenox, Massachusetts
Price, Including Debt: $7.5 million
Price Per Room: $133,929
Buyer: Loge Camps
Seller: The Wardman Group
Date of Transaction: Jan. 26, 2023
Takeaway: This is part of a three-hotel portfolio sale. The JLL Hotels & Hospitality team represented the seller.

Ocean Gate Resort

Rooms: 65
Location: Southport, Maine
Price, Including Debt: N/A
Price Per Room: N/A
Buyer: Loge Camps
Seller: The Wardman Group
Date of Transaction: Jan. 36, 2023
Takeaway: Price of the deal was not disclosed. This is part of a three-hotel portfolio sale.

The Lodge at Mount Snow

Rooms: 47
Location: West Dover, Vermont
Price, Including Debt: N/A
Price Per Room: N/A
Buyer: Loge Camps
Seller: The Wardman Group
Date of Transaction: Jan. 26, 2023
Takeaway: Price of the deal was not disclosed. This is part of a three-hotel portfolio sale.

Courtyard Boston South Boston

Rooms: 164
Location: Dorchester, Massachusetts
Price, Including Debt: N/A
Price Per Room: N/A
Buyer: N/A
Seller: Hersha Hospitality Trust
Date of Transaction: Jan. 9, 2023
Takeaway: Price of the sale has not been disclosed. JLL represented the seller.

Residence Inn Tampa Suncoast Parkway at NorthPointe Village

Rooms: 100
Location: Lutz, Florida
Price, Including Debt: $18.25 million
Price Per Room: $182,500
Buyer: Baywood Hotels
Seller: MIG Real Estate
Takeaway: Hunter Hotel Advisors arranged the sale on behalf of MIG.

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