22 Jan2020

Hunter Hotel Advisors Closes Two Properties in Lexington, Kentucky

Hunter Hotel Advisors announces the sale of the Hyatt Place Hamburg and the Homewood Suites by Hilton Hamburg in Lexington, Kentucky.

The two properties were listed as a ten-property portfolio by an institutional owner and were purchased by Rainmaker Hospitality with a repeat equity partner.  Rainmaker Hospitality is a full-service hotel management firm in Lexington, Kentucky looking to broaden their local portfolio.

The Hyatt Place and Homewood Suites are located adjacent to one another and share a common a parking lot.  This opportunity offers operating efficiencies and significant upside after the buyer completes a major renovation.

David Perrin, Senior Vice President at Hunter Hotel Advisors, represented the seller on transaction.

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