Woodmont Lodging Completes Fourth Hotel Joint Venture with Blue Vista Capital
February 10, 2022
The Shulman Rogers’ Real Estate Team, including Alexis Peters, Samuel Spiritos and Colin Lynch, is pleased to assist with and announce the successful acquisition and financing of the Holiday Inn Asheville East by our client, Woodmont Lodging. We are proud to continue to support Woodmont Lodging’s growth with this acquisition, marking its fourth hotel joint venture with Blue Vista Capital.
“We are excited to begin the new year by acquiring the Holiday Inn Asheville East, a recently fully renovated hotel in a strong, drive-to market,” said Elliott Estes, principal, Woodmont Lodging. “We were able to source the opportunity 100% off-market at well below replacement cost, proving that we continue to be a resourceful and nimble group as we navigate and emerge from a challenging period for the economy as a whole.”
To read the full press release, click HERE.