Hodges Ward Elliott

Hodges Ward Elliott is pleased to announce the sale of the Homewood Suites Indianapolis Northwest. The 82-room Hotel boasts a premier location within the Northwest Indianapolis region, surrounded by a strong corporate presence and several major medical centers, including Ascension St. Vincent Hospital, home to the Peyton Manning Children’s Hospital, IU Health North Hospital, Indiana Spine Hospital, and the Ascension St. Vincent Carmel Center. The City of Indianapolis continues to show its strength as a premiere leisure, corporate, and group destination. Deal Team; Clint Hodges, Michael Brandes, Chase Wood #hwe #dealsdone #indianapolis #hotels

Hodges Ward Elliott is pleased to announce the sale of the Hampton Inn & Suites Kalamazoo-Oshtemo. The 78-room Hotel is located in the vibrant city of Kalamazoo, Michigan, just minutes from downtown, multiple college campuses serving more 45,000 students, and major businesses such as Stryker’s World Headquarters and Pfizer. Positioned near major transit routes, the Hampton Inn & Suites also serves as a strategic gateway between Chicago and Detroit, both of which are just a two-hour drive away. Deal Team: Clint Hodges, Michael Brandes, Chase Wood #hwe #dealsdone #michigan #hotels

Hodges Ward Elliott is pleased to announce the sale of the Hampton Inn & Suites Valparaiso. The 77-room, select-service Hotel is strategically located in Valparaiso, IN, less than a mile from the distinguished Valparaiso University and a plethora of leisure activities. The city is driven by its vibrant academic community and rich transportation history, continuously enhancing its connectivity and economic prosperity. Deal Team: Clint Hodges, Michael Brandes, Chase Wood #hwe #dealsdone #hotels

Hodges Ward Elliott is pleased to announce the sale of the Homewood Suites Indianapolis-Airport/Plainfield. The 82-room, extended-stay Hotel sits in a prime location within Plainfield, IN near the Indianapolis International Airport, a rapidly growing hub with a record number of passengers in 2023. Plainfield has experienced tremendous growth in recent years and holds a major role in the Indianapolis economy, one of the most prosperous economies in the Midwest. Deal Team: Clint Hodges, Michael Brandes, Chase Wood #hwe #dealsdone #indianapolis #hotels

Hodges Ward Elliott is pleased to announce the sale of the Dillard House Resort, a destination resort, restaurant and conference center located in Dillard, Georgia, less than two hours northeast of Atlanta and minutes from Highlands, NC.Nestled on a plateau in the scenic Little Tennessee River Valley, the property enjoys stunning, 360-degree views of the Blue Ridge Mountains. Spanning 100 acres, the Resort's components include 95 guest rooms, the renowned Dillard House restaurant, 11,000 square feet of indoor meeting space, an equestrian center, scenic horse trails, a trout pond and a swimming pool. Since opening its original lodgings in 1917, the Dillard House has delighted hundreds of thousands of guests with its expertly prepared Southern-style home-cooked meals, establishing itself as one of Georgia’s most iconic and celebrated hospitality landmarks. Deal Team: Preston Reid & Nathaniel Ries #hwe #dealsdone #georgiahotels #hotels

Hodges Ward Elliott is pleased to announce the sale of the leasehold interest in the 123-key Residence Inn Tampa Wesley Chapel. The Hotel enjoys a prominent location just off I-75 along State Road 56, directly adjacent to the 98,000 SF Wiregrass Ranch Sports Complex which hosts over 110 events annually. For added convenience, the Hotel enjoys a range of onsite amenities, including the only rooftop bar in Wesley Chapel, an outdoor pool, fitness center, meeting room, and complimentary parking. Deal Team: Rudy Reudelhuber, Preston Reid, Zak Brodstein, Lauren Habig #hwe #dealsdone #tampa #floridahotels #hotels

Hodges Ward Elliott is excited to announce the completion of the joint venture recapitalization of the 307-room Airport Honolulu Hotel and the 274-room Best Western The Plaza Hotel, located directly next to the Daniel K. Inouye International Airport (HNL) in Honolulu, Hawaii. The joint venture partnership aligns ownership with a strategic operating and capital partner to help apply Hawaiian expertise and maximize value within their business plan. Congratulations to our clients TEG Hotels and Ascendant Capital Partners for completing this complex two-hotel partnership! Deal Team: Tom McHugh & Tate Keir #hwe #dealsdone #hawaii #hotels

Hodges Ward Elliott is pleased to announce the closing of the 107-room Lorien Hotel & Spa located in Alexandria, VA, nestled within the historic Old Town neighborhood – Washington, D.C.’s strongest-performing hospitality submarket. The Hotel enjoys exceptional proximity to the King Street Retail District and benefits from its prime location in northern Virginia, just minutes away from the burgeoning Amazon HQ2, Virginia Tech Innovation Campus, and the new corporate hubs of Raytheon and Boeing. Sold unencumbered of brand and management, the Offering represents a rare opportunity to enter the high-barrier-to-entry market of Old Town below replacement cost, poised to capitalize on the accelerating hospitality market of Washington, D.C., marked by a net reduction in supply and a robust convention calendar projected to surpass the peak set in 2017, the District’s record year. Deal Team: Daniel Peek, Cyrus Vazifdar, Todd Ratliff, Carolina Bernal, Mackenzie Melikian #hwe #dealsdone #virginia #hotels

Hodges Ward Elliott is pleased to announce the closing of the 295-room Austin Marriott North located in Round Rock, TX, North Austin's booming growth corridor. The Hotel benefits from excellent visibility within La Frontera Village and along the interchange of SH 45 and I-35, the busiest inter-metro interstate in Texas, and is surrounded by an ideal mix of best-in-class shopping and entertainment, three major college campuses, four hospitals, and countless blue-chip employers, including Dell Technologies' world headquarters. Deal Team: Pete Dannemiller, Austin Brooks, Chase Wood #hwe #dealsdone #texas #hotels

Hodges Ward Elliott is pleased to announce the closing of the $112 million non-performing loan sale in Brooklyn, New York. The 283 key Hotel, which recently underwent a substantial renovation, was once referred to as the “Waldorf-Astoria of Brooklyn”, and was designed by Palmer & Hornbostel with an Italian Renaissance Revival-style exterior. It features 4,560 SF of meeting space and four F&B outlets totaling over 16,000 SF. Deal Team: Michael Britvan, Jonathan Morrow, Coby Campbell, Mackenzie Melikian #hwe #dealsdone #loansale #newyorkhotels