Neptune Hospitality Advisors Orchestrates Sale of Hampton Inn & Suites Tulsa South-Bixby
SAN DIEGO, CA, January 15, 2008. Neptune Hospitality Advisors today announced it has arranged the sale of the 102-room Hampton Inn & Suites Tulsa South-Bixby. The buyer was an affiliate of the Apple REIT Companies. The seller, a Tulsa-based developer, recently completed construction and opened the hotel in early December, 2007. The sale price was not disclosed.
The Hampton Inn & Suites Tulsa South-Bixby hotel is located just 14 miles south of downtown Tulsa in the fast growing suburb of Bixby, Oklahoma. The Hampton Inn and Suites is part of a new mixed-use development that includes upscale restaurants, shopping, and office space, in addition to the Spirit Bank Convention Center and the Starworld 20 Movie Theater.
Neptune managing directors Patrick Bajdek and Jason Clouet handled the sale of the hotel.
Neptune Hospitality Advisors is a real estate capital advisory firm dedicated to the hotel industry. Headquartered in San Diego, and with an office in Austin, Texas, Neptune provides a full spectrum of capital advisory services including mortgage brokerage, joint venture capital raising, property sales and asset advisory services to the hospitality industry. Working with a wide variety of hotel owners, investors and capital sources, Neptune has completed hotel and resort transactions across the United States and Mexico.
For more information, contact Michael D. Armstrong at mike@neptuneha.com or visit the company website at www.neptuneha.com.
Contact:
Michael D. Armstrong (858) 964-5670
Neptune Hospitality Advisors, Inc.
The Aventine Building
8910 University Center Lane, Suite 420
San Diego, CA 92122
P. (858) 964-5670
F. (858) 964-5679
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