Hampton Inn

Mumford Company, a full-service hotel advisory firm since 1978, was pleased to announce the successful closing of the Hampton Inn of Debary, Florida. Steve KirbyManaging Principal in the firm’s Atlanta office and Ed James Managing Principal the firm’s Newport News office, represented the sellers, Central Florida Hotel Investment Group, a closely-held entity of HDG Hotels. Ocala-based HDG is a multi-disciplined real estate investment firm with a major focus on lodging products. Billy Gilchrist, Chief Development and Financial Officer of HDG Hotels said "Mumford’s commitment to the entire process made for a positive transaction and transition for all HDG stakeholders."

The purchaser, Nova Debary Hotels, LLC, is a subsidiary of Loudon Hospitality, which owns and operates multiple hotels along the eastern seaboard. Purchasers will complete cosmetic renovations and continue affiliation with the Hilton family. This was the fourth transaction that Mumford has completed with members of this buyer group.

Kirby said, “Seller and buyer were seasoned professionals in the hospitality industry. Multi decade relationships with both groups made the transaction smooth for all involved. We look forward to working with each of them again.”

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 aspectpropros 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, Washington DC, and Tampa, Florida. 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