HREC Investment Advisors Arranges the Sale of the
Days Inn - Dover, Delaware
DENVER (Feb. 22, 2012) - HREC Investment Advisors, the nation's leading lodging and gaming real estate advisory firm, today announced the sale of the Days Inn in Dover, DE. The 81-guestroom property was purchased by Days & Night Lodging Services, LLC a hotel investment group out of Philadelphia, PA from a receiver for an undisclosed price.
Ketan Patel, Vice President of HREC Investment Advisors's Washington DC office and Scott Stephens, Senior Principal and COO of HREC Investment Advisors represented the seller in the transaction.
The Days Inn Dover is conveniently located in the heart of Dover on U.S. Route 13, the primary commercial thoroughfare in Dover and the greater Delmarva Peninsula. Dover is not only the state capital but home to a variety of significant demand generators including the Dover Downs Casino & International Raceway, Delaware State University and Dover Air Force Base.
About HREC: HREC is the nation's leading lodging and gaming real estate advisory firm specializing in property sales, mortgage brokerage, equity/JV structuring, consulting (market studies and appraisals), and commitment to client service through its team approach, intellectual capital and hotel/casino specialization.
For additional information on the sale of the Days Inn - Dover, Delaware, please contact:
Director of Marketing
Please visit HREC's website at www.hrec.com