Glenn Alba Of TMGOC Ventures And Ad Astra Capital Acquires Home2 Suites By Hilton In Fort Worth

The property involved in this transaction is the Home2 Suites by Hilton located at 1145 University Drive in the Fort Worth market. This hotel features 162 keys and is positioned near significant demand drivers, including Dickies Arena and Texas Christian University. The property will be managed by Lexima Lodging and marks the first acquisition for TMGOC Ventures in Texas.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: Not disclosed
• Address: 1145 University Drive - Home2 Suites by Hilton Fort Worth Cultural District
• Market: Fort Worth
• Asset Keys: 162
• Buyer: Glenn Alba - TMGOC Ventures; Ad Astra Capital
• Management: Lexima Lodging

In this transaction, Glenn Alba represents TMGOC Ventures and Ad Astra Capital, completing their first joint acquisition. This partnership is an important milestone for both entities as they venture into the Texan hotel market.