Highline Hospitality Partners Acquires Hilton Atlanta Airport From Wheelock Street Capital For $111.3M

The property involved in this transaction is a hotel located at 1031 Virginia Avenue, Atlanta, GA. The asset type is a hotel, specifically the Hilton Atlanta Airport, which consists of 510 keys. The total sale price of the property was $111,300,000, and the per key price was calculated at $218,235.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $111,300,000
• Buyer: Highline Hospitality Partners
• Seller: Wheelock Street Capital
• Loan Amount: $67,000,000
• Market: Atlanta, GA
• Keys: 510
• Price Per Key: $218,235

The representatives involved in this transaction are Highline Hospitality Partners as the buyer and Wheelock Street Capital as the seller. Highline secured financing through a loan from Equitable Financial to facilitate the acquisition of the hotel.