Lodging Partners Negotiates Sale of the Windsor Hotel in Americus, GA
For immediate release
[Americus, Georgia – December 2022]
Lodging Partners Negotiates Sale of the Windsor Hotel in Americus, GA
Lodging Partners is pleased to announce it has arranged the sale of the Windsor Hotel, a Historic Boutique Hotel in Americus, Georgia. Lodging Partners exclusively represented the seller on this transaction, with the marketing and negotiations led by Ford Barton, Principal of Lodging Partners. The Hotel has been acquired by an affiliated entity of Edgewater Group LLC (Edgewater) based in Naples, FL. Edgewater, a private equity group with a focus on upscale boutique hotels in secondary and tertiary locations, plans to reposition the Hotel to the Ascend Hotel Collection.
The property traded for $12,500,000, over $235,000 per room. The full-service Boutique Hotel features a restaurant, bar, meeting space, and leased commercial space. Originally built in 1892, the award-winning Windsor Hotel is a beautifully restored historic destination hotel. The Hotel’s public areas and guest rooms were recently renovated in 2020.
“This is the second disposition that Lodging Partners has completed for the Seller, and our deep connections to qualified buyers throughout the Southeast proved vital in the successful sale of this Boutique full-service property,” noted Ford Barton.
In the past 12 months, Lodging Partners has completed over $68 million in hotel transactions throughout the Southeast. Lodging Partners continues to see strong interest from Buyers seeking hospitality investments in all sizes, areas, and price ranges throughout the Carolina region.
About Lodging Partners, LLC
Lodging Partners is a specialized hotel brokerage and advisory firm focused on the sale of select-service hospitality investment properties on behalf of institutional and private investors throughout the United States. Lodging Partners has had an advisory role on over $590 Million in recent hotel transactions across most major hotel brands, including Marriott, IHG, Best Western, Choice Hotels, Wyndham, and Radisson Hotel Group. The firm offers a wide range of hotel real estate services with an unwavering commitment to client service. Lodging Partners may be accessed online at www.lodging-partners.com.
About Hotel Brokers International
Founded in 1959, Hotel Brokers International members lead the industry in hotel real estate sales. HBI hotel brokerage specialists have successfully negotiated more than 11,000 hotel real estate transactions and consistently account for the largest share of all select-service and economy hotel sales in the United States. HBI is the founder and administrator of the Certified Hotel Broker Program, the real estate industry’s only professional designation program for hotel brokers. In addition to hospitality real estate advisory services, HBI offers affiliate membership to professionals in allied fields, including franchising, lending, appraisals, and investment services. For more information about HBI, HBI members and their hotel listings or to become a broker or affiliate member, visit www.hbihotels.com.
Contact:
Ford C. Barton, Principal
Lodging Partners, LLC
Charlotte, North Carolina
704.341.8488
ford@lodging-partners.com
Glenda J. Webb, Executive Director
Hotel Brokers International
Kansas City, Missouri
816.505.4315
gwebb@hbihotels.com
