Hampton Inn St. Augustine changes hands

DSH Hotel Advisors has arranged the sale of the Hampton Inn St. Augustine. The company represented the seller, Meridian Club LLC, and the buyer, QDI 5 LLC, in the transaction.

The company’s team, led by Dennis S. Hopper, managing principal; Dylan N. Amin, VP, investments; and Sam Subodh Patel, senior investment associate, held the exclusive listing with the seller, generating more than 260 signed confidentiality agreements from qualified buyers and receiving seven offers from buyers throughout the country.

“Investor appetite for well-located franchised hotels across Florida remains strong,” said Hopper. “This transaction demonstrates the depth of our buyer network and our ability to deliver optimal results for hotel owners seeking liquidity or portfolio reallocation. Our firm remains focused on creating value for hotel owners through strategic advisory and nationwide investor reach.”

Source: Hampton Inn St. Augustine changes hands

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