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Management

Multi-Brand Machine

Multi-Brand Machine

When we last spoke with Shirin Kanji in early 2016 (see MUF, Q1), his company, Impact RTO Holdings, has just closed a 40-unit deal with Rent-A-Center. It was a pretty big move for the family business, which until that point has primarily been in the hotel space. Three years later, we wanted to now how […]

Impact Properties Sells Home2 Suites by Hilton in Florida

Impact Properties Sells Home2 Suites by Hilton in Florida

November 1, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Home2 Suites by Hilton Gainesville, a 95-room, select-service, all-suite hotel near the University of Florida in Gainesville. The HFF team represented seller, Impact Properties. Memphis-based McNeill Hotel Investors (“McNeill”) purchased the asset free and clear of existing debt in an off-market transaction. Home2 Suites by Hilton Gainesville […]

First Ever RTO World: Resounding Success

First Ever RTO World: Resounding Success

RTO World 2018 officially kicked off early Tuesday morning as attendees made their way to the America’s Center Convention Complex in St. Louis, Missouri. More than 700 attendees and exhibitors shuffled in to pick up their badges, swag bags and plan their schedule for the next few days. Read the full article here

Hyatt Place Wesley Chapel

Hyatt Place Wesley Chapel

Hyatt Place Tampa/Wesley Chapel, the first Hyatt-branded hotel in Wesley Chapel and Pasco County, is officially open. The new hotel features the Hyatt Place brand’s intuitive design, casual atmosphere and practical amenities, such as free Wi-Fi and 24-hour food offerings. The hotel is owned and operated by Impact Properties. Read the full article here

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 […]