LANGHORNE, PA. — TMI Hospitality has opened the newly constructed SpringHill Suites by Marriott Philadelphia Langhorne. The 91-suite hotel is located at 200 N. Buckstown Dr. in Langhorne, approximately 30 minutes from downtown Philadelphia. Each guestroom features a large desk with an ergonomic chair, two phone lines and high-speed Internet access. Additional features include an indoor swimming pool and spa, fitness center and meeting room. The property is TMI's first hotel in the state, and the company plans to open its second hotel in Pennsylvania later this year.
IRVING — Rockwood Real Estate Advisors has brokered the sale of the 168-room Wyndham Las Colinas, a hotel located in the Las Colinas community in Irving. The hotel features a business center, an indoor pool, fitness center, concierge, guest laundry and shuttles to area attractions. Andrew Kern and David Altobello of Rockwood's Bethesda, Md., office represented the seller, an affiliate of Investcorp International, in the transaction. Rockwood also sourced local investors to purchase the property.
ANAHEIM, CALIF. – The 222-room Embassy Suites – Anaheim-North has sold to Urban Commons, LLC for $25.5 million. The seller, FelCor, will use the net proceeds to repay a portion of the $88-million balance on its CMBS loan that matures in 2013. FelCor was represented by HREC Investment Advisors.
DALLAS — BOKA Powell has completed architecture and interior design work for The Lumen, a hotel located at 6101 Hillcrest Ave. adjacent to Southern Methodist University (SMU) in Dallas. The expansion includes adding 36 new guestrooms, expanding the lobby, adding The Front Room restaurant and a rooftop terrace with views of SMU and the Park Cities neighborhood. BOKA Powell also redesigned the existing 57 guestrooms. BOKA Powell completed the project on behalf of Headington Cos., the developer and owner of The Lumen. Kimpton Hotel and Restaurants manages the hotel.
DES MOINES, IOWA — DoubleTree by Hilton has opened the newly renovated, 100-room DoubleTree by Hilton Des Moines Airport. Formerly a Radisson, the hotel is owned and operated by Heart of America Group under a franchise agreement with a subsidiary of Hilton Worldwide. Guest rooms at the full-service hotel feature new carpeting, window treatments, furniture and bedding. The property also features a new lobby lounge. The hotel is adjacent to the Des Moines International Airport.
AURORA, OHIO — Marcus & Millichap has arranged the sale of Aurora Inn & Conference Center, a 69-room hotel in Aurora. The full-service hotel was built in 1962 and is located at 30 East Garfield Road. Amenities include an indoor and outdoor pool, hot tubs, courtyards, tennis courts and a restaurant. Jonathan Ruprai of Marcus & Millichap represented the seller, a financial institution, in the transaction. He also represented the buyer, a limited liability company.
DEWEY BEACH, DEL. — Dewey Beach Enterprises (DBE) has resumed construction on phase one of its Ruddertowne redevelopment project, following years of legal battles. According to local reports, several property owners took issue with the height of some of the proposed buildings and the approval process Dewey Beach undertook in granting permits for the project. A Chancery Court ruled in favor of the developer in August. DBE is constructing a Hyatt Place Hotel and luxury condominiums, known as The Residences of Ruddertowne. The first phase of the project is expected to be complete prior to the 2013 summer season.
ASHEVILLE, N.C. — Starwood Hotels & Resorts has opened the 115-room Aloft Asheville Downtown, located at 51 Biltmore Ave. in Asheville. The property features 1,800 square feet of outdoor meeting space on its Air Level pool deck and The Ledge observation deck, as well as 649 square feet of indoor meeting space. It is the 60th hotel globally for Starwood.
PERRYVILLE, MD. — Mumford Co. has arranged the sale of the 104-room Ramada Inn, located off Interstate 95 in Perryville. The buyer plans to complete cosmetic upgrades and a repositioning of the property to Days Inn. Justin Pinkard, Steve Kirby and Ed James of Mumford Co. represented the seller, a privately held real estate group, in the transaction. The buyer was a New York-based lodging operator.
EWING, N.J. — Hersha Hospitality has purchased the remaining 50 percent interest in a 130-room Courtyard by Marriott in Ewing, a submarket of Princeton. Philadelphia-based Hesha has been part of an unconsolidated joint venture in the hotel since 2004. The company has repaid the first mortgage and entered into a $9 million revolving line of credit for the property. The deal entitles Hersha to all profits and losses from the hotel as of the third quarter of 2012.