REBusinessOnline

MUMFORD CO. ARRANGES SALE OF SUPER 8

CHARLES CITY, IOWA — Mumford Co. has arranged the sale of the Super 8 Motel located in Charles City. David Mumford and Ed James of Mumford Co.’s Newport News, Va., office and Lance Potter of the firm’s Chicago office represented the seller, Supertel Hospitality. The property was acquired by HR Corporation of Iowa for an undisclosed amount. This transaction marks the 28th hotel sold by Mumford Co. on behalf of Supertel in the past 10 years, as well as the third hotel that Mumford has sold to the principals of HR Corp.

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