HDG Hotels Acquires Hotel In Brandon For $16 Million

A hotel located at 510 Grand Regency Boulevard in Brandon has been sold for $16,000,000. The property was purchased by HDG Hotels, represented by Azim Saju. The seller, Spring Bay Property Company, enlisted the services of Michael Weinberg, Preston Reid, Kyle Stevenson, and Wyatt Krapf from Berkadia Hotels & Hospitality as their brokers in the transaction.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $16,000,000
• Address: 510 Grand Regency Boulevard
• Market: Brandon

The deal was finalized on January 11, 2022. This marks a successful transaction in the hotel market within Brandon. HDG Hotels, led by Azim Saju, emerged as the buyer, acquiring the property from Spring Bay Property Company. Representing the buyer in the deal, Azim Saju ensured a smooth transaction process.