by admin | Jul 15, 2021 | News
NORFOLK, Virginia—Grand Bay Advisors, a national hotel advisory firm, closed on the sale of the Hampton Inn Virginia Beach-Oceanfront North. The property was sold for an undisclosed amount to Shamin Hotels, which plans to renovate the hotel and retain the Hampton Inn...
by admin | Jun 21, 2021 | News
Posted by CoVaBizMag Chesterfield County-based Shamin Hotels has purchased the 120-room Hampton Inn property on Virginia Beach’s Oceanfront, Grand Bay Advisors, which represented the seller in the transaction, announced Friday. The sale amount was not disclosed, but...
by admin | Jun 21, 2021 | News
By John UlmerCoStar Research June 8, 2021 | 3:10 P.M. Shamin Hotels has scored its latest oceanfront hotel in Virginia Beach, Virginia. The firm completed a deal with Ocean Ranch Realty Corp. to acquire the Hampton Inn Virginia Beach-Oceanfront North, a 120-room hotel...
by admin | Jun 21, 2021 | News
Posted by Virginia Business Grand Bay Advisors, a national hotel advisory firm, closed on the sale of the Hampton Inn Virginia Beach-Oceanfront North, located at 3107 Atlantic Avenue, representing a significant transaction for the Norfolk-based company. The property...
Grand Bay Advisors offers expertise in Development, Asset Management and Hotel Transactions, servicing Institutional Investors, Large & Mid-size Hotel Companies, High Net-worth Individuals and Owner/ Operators. With over twenty years of experience in Hotel Management and twelve years of experience reviewing over $1.0 billion in hotel deals, we understand hotels as an investment.