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Hotels

Build or Buy?: 6 Growth-Minded Operators share Their Strategies

Build or Buy?: 6 Growth-Minded Operators share Their Strategies

Shirin Kanji, senior vice president and chief investment officer at Impact Properties, which has diverse hotel, retail, restaurant, and real estate holdings, watches the market closely and knows that finding the perfect deal for a new build location is difficult. “Real estate that is reasonably priced and well located is hard, so building new is […]

HUNTER HOTEL ADVISORS CLOSE ON SALE OF HOLIDAY INN EXPRESS & SUITES, JACKSONVILLE SOUTH, FLORIDA

HUNTER HOTEL ADVISORS CLOSE ON SALE OF HOLIDAY INN EXPRESS & SUITES, JACKSONVILLE SOUTH, FLORIDA

ATLANTA, October 5, 2017 – Hunter Hotel Advisors announced today that their Jacksonville, Fla. office represented the owners of the Holiday Inn Express & Suites, Jacksonville South, Florida. The hotel opened in 1998 and has 88 guest rooms. The hotel underwent a thorough renovation in 2016 that fully updated the hotel to the latest Formula […]

The District signs deal for riverfront hotel on Southbank

The District signs deal for riverfront hotel on Southbank

The developers behind The District — an ambitious mega-development with a Zen-like motif planned for Jacksonville’s Southbank — inked a deal this week for a hotel with up to 200 rooms, which would make it the first riverfront hotel built in downtown since 2001. Impact Properties, a Florida hotel builder and operator that does business […]

PROJECT UPDATE: The Sands of Treasure Island

PROJECT UPDATE: The Sands of Treasure Island

Located directly on the Gulf Coast of Florida is the iconic motel, The Sands of Treasure Island. Built in 1947 as the first concrete motel, Sands was owned and operated by the same family until February 2017. Featuring the post-war, mid-century modern style of the late 40’s, the quintessential appeal of this 34-room, beachfront motel […]

Owned and Managed by Impact Properties, Residence Inn by Marriott Opens in Jacksonville, Florida

Owned and Managed by Impact Properties, Residence Inn by Marriott Opens in Jacksonville, Florida

Jacksonville, FL – March 3, 2017 – The 122-suite Residence Inn by Marriott in Jacksonville, Florida is scheduled to open today. Located at 13942 Village Lake Circle, the all-suite Residence Inn Jacksonville South/Bartram Park will operate as a Marriott franchise, owned and managed by Impact Properties, Inc. of Jacksonville, Florida. Read the full article here

Impact is featured in Franchising.com

Impact is featured in Franchising.com

As senior vice president and chief investment officer of Impact Properties, Shirin Kanji is in charge of all of the Tampa-based company’s investment-related activities. As with most family businesses, however, his real job goes far beyond just getting a deal done. “Since I was a teenager, my role covered anything that would help support the […]