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 […]
Marriott-branded hotel planned for Wildlight community in Nassau
A Marriott-branded hotel is coming to Wildlight in Nassau County, the developer of the planned community announced Thursday. A spokeswoman said the brand would be announced this summer. Construction is expected to begin late this year, with completion planned for 2020. No financial details were disclosed. The hotel will be 60,000 square feet with up […]
Courtyard by Marriott proposed south of UNF along Kernan
A Courtyard by Marriott is proposed along Kernan Boulevard, south of the University of North Florida, completing the Kernan West site the Skinner family has been selling for development. The city issued a conditional capacity availability statement last week that shows Impact Properties Inc. wants to develop a 121-room hotel on 2.23 acres at northwest […]
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
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 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