News

16 Oct2013

Hunter Completes Sale of Comfort Inn in Clearwater, FL

For immediate release:

Contact:  Martha Seabrook, Hunter Hotel Advisors

770-701-2199 or Martha.Seabrook@HunterHotels.net

 

Hunter Completes Sale of Comfort Inn in Clearwater, Fla.

 

ATLANTA/CLEARWATER, (October  16, 2013 ) -  Hunter Hotel Advisors  announced  the sale of the 93-guest room Comfort Inn and Suites in Clearwater, Fla.   Hunter represented Clearwater based Kana Hotel Group, LLC as the seller.  A private New Jersey investor purchased the four-story interior corridor hotel.

“Hunter attracted tremendous interest in this asset due to its earning potential and location in close proximity to the St. Petersburg-Clearwater International Airport,” said Steve Taylor who brokered the transaction and serves as vice president of Hunter Hotel Advisors’ Miami office.  The hotel had recently converted to a Comfort Inn and Suites, and has undergone over $1 million in renovations. 

Hunter’s seven brokerage offices specialize in select and full-service hotels and currently represent more than 100 hospitality assets nationally, and closed on 7 hotels in the month of September.  Hunter’s Capital Market group is anticipating closing on more than $150 million in debt and equity financing by the end of the year.  Additional information, including current listings, is available at the company’s website, www.HunterHotels.net, or by contacting the Atlanta headquarters at 770-916-0300.

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Hunter, with seven strategically-located offices, is one of the nation's leading providers of brokerage and capital markets advisory services to the hotel industry.  Specializing in full and select-service listings, Hunter's team of seasoned professionals and the industry's brightest stars have leveraged their combined expertise to successfully advise thousands of clients through all economic conditions.  

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