Quality Inn Hall of Fame



Mumford Company, a full-service hotel advisory firm since 1978, was pleased to announce the closed short sale of the Canton, Ohio Quality Inn. Mumford’s George Arvanitis (Chicago), Ed James (Newport News), and Steve Kirby (Atlanta) represented the seller, a single asset owner, in the transaction. The deal closed just five months from listing date. The purchasing group, a partnership of Ohio and southeast-based partners, plan to complete substantial renovations and continue to operate under the Quality Inn brand.

 

This was Mumford’s third transaction with this buyer group; on the previous two occasions they were the sellers. Kirby said, “it was a pleasure to work with all parties in the transaction. Repeat business from our clients is our best advertising.”

About Mumford Company:

Mumford Company was established in 1978 to provide top quality hotel brokerage services and has a team of brokerage professionals with broad experience in all aspects of lodging acquisitions, development, consulting and operations. They represent sellers of most major brands in markets throughout the country, and their diverse background allows them to have an awareness of key opportunities within the marketplace, so they can accurately position their client's assets to maximize their investment results. The firm has an experienced sales team in regional offices across the country, including Newport News, Virginia; Atlanta, Georgia; Chicago, Illinois; Dallas, Texas and Washington DC. Their track record of success for buyers and sellers have made Mumford Company a leader for the last 41 years while upholding the values of the company from when it first began. For more information or to put the Mumford Company team to work for you, please contact Mumford at 757-873-0962, or by e-mail at sales@mumfordcompany.com