Hotel Brokers International

Donohoe Hotel Advisory Group announced today that it served as advisors in arranging the sale of three distinct hotel properties totaling $28.3 million, located in Fredericksburg, Virginia, Hagerstown, Maryland and Berkeley Springs, West Virginia.

Donohoe Hotel Advisory Group completed the first of their Tri-State sales transactions by representing the purchaser with the purchase of the 194 room full service Holiday Inn Select in Fredericksburg, Virginia. The hotel was sold by Carl Silver the original owner and developer to 1859 Historic Hotels of Galveston Texas for $16,250,000.

The Four Points by Sheraton a 108 room, full service hotel in Hagerstown, Maryland was sold by long time owner Nicholas Giannaris to Watchwood, LLC.

The Inn & Spa of Berkeley Springs previously owned by Historic Hospitality, Inc. sold to 5042 Holdings, L.L.C. The property, now renamed “ The Country Inn”, is a 67-room Historic Inn and Spa facility in Berkeley Springs, West Virginia.

Donohoe Hotel Advisory Group/Corfac International is a division of the Donohoe Companies, a 122 year old, full service real estate organization headquartered in Washington, D.C. Donohoe Real Estate Services is the Washington, D.C. affiliate of CORFAC International and Hotel Brokers International.

Bill Moyer
Director
(202) 625-4153