Tandy O. Lofland, president of the Intergroup Companies, announced the recent completion of his firm's latest assignment - arranging equity and management for the 159-unit Sheraton prototype to be developed at a prime location in south Jacksonville, FL. continue reading →
InterContinental Hotels Group (IHG.L) would like to add an economy brand to its portfolio of properties, but for now the world's largest hotelier is focused on its growth targets, Chief Executive Andrew Cosslett said.
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Tandy O. Lofland, president of Intergroup Realty, Inc., announced that the firm represented the purchaser in the recent acquisition of the Best Western Universal Inn located near Universal Studios Florida, Walt Disney World, and Orlando\'s many other attractions. continue reading →
Tandy O. Lofland, president of Intergroup Realty, Inc. announced that the firm represented the private-investor purchaser in the recent simultaneous acquisition of the 157-room Hampton Inn and the 220-room Clarion Inn near Bush Intercontinental Airport in Houston, Texas. continue reading →
Tandy O. Lofland, president and founder of Intergroup Realty, Inc. and the Intergroup companies represented the purchaser, an affiliate of J. Herzog & Sons, Inc., in the recent acquisition of the 317-room Hilton Knoxville in downtown Knoxville, Tennessee. The seller, The Hotel Group Opportunity Fund I, a private-equity fund, was represented by Joe Strain of Hotel Realty Advisors. continue reading →
Tandy O. Lofland, president and founder of Intergroup Realty, Inc. and the Intergroup companies arranged the recent sale of the 718-room Radisson Resort Parkway, Kissimmee, Florida on behalf of an affiliate of the owner, Concorde Finance & Investment, Inc., to a U.S.-based real estate investment fund. continue reading →