CategoriesAcquisitions Hospitality News Property Management

ZMC Hotels, LLC expands portfolio in the Southeast with the acquisition of Hampton Inn New Albany

The Hampton Inn New Albany, Mississippi, is the latest acquisition to the ZMC Hotels management portfolio.

Acquired in early May on behalf of company-sponsored investment equities, the 84-room hotel built in 2010 is the thirteenth Hilton property under management by ZMC Hotels and expands the ZMC Hotels’ presence in the Southeast to twelve hotels across five states. A Tru Hotel by Hilton, currently under development in Sebring, Florida, will bring the Southeast presence to thirteen.

The Hampton Inn New Albany is a 2017 Trip Advisor Certificate of Excellence recipient and the top-ranked hotel in New Albany, a historic town on the banks of the Tallahatchie River in northeastern Mississippi, that was chosen by USA Today Readers as the Best Southern Small Town in 2017 among travel-worthy destinations. Roughly 30 minutes from Tupelo, 35 minutes from Oxford, and just 10 miles from the North American Toyota Corolla manufacturing plant, the hotel is ideally situated for business, leisure, and historical pursuits.

Hampton-Inn-New-Albany

CategoriesAcquisitions Hospitality Property Management

ZMC Hotels adds Holiday Inn Express & Suites Lake Placid, FL, to hotels in the Southeast

ZMC Hotels is pleased to announce the latest addition to the ZMC Hotels managed portfolio, the Holiday Inn Express & Suites Lake Placid.

The newly renovated four-story, 79-room hotel in Lake Placid, FL, is the fifth Holiday Inn Express in the overall ZMC Portfolio and brings greater depth to our Central Florida offerings. Lake Placid is just fourteen miles south of Sebring, FL, home to our existing Residence Inn by Marriott and future Tru by Hilton now under construction on Lake Jackson.

The Holiday Inn Express & Suites Lake Placid is located just off Highway 27, close to prominent local businesses and attractions, including 27 freshwater lakes. It features a heated outdoor pool, a convenient business center and fitness center, and an onsite meeting space accommodating up to 100 people. Please visit the hotel website for reservation information.

CategoriesAcquisitions Project Announcements

Local Developer Mark Hall Acquires Rights to USL Franchise for Oakland East Bay Region of Northern California

Hall plans to build a state-of-the-art 15,000+ seat soccer-specific stadium

TAMPA, Fla. – The United Soccer League today announced that Mark Hall, a real estate-oriented entrepreneur based in Northern California and the President and CEO of Hall Equities Group, has acquired the rights for a United Soccer League franchise in the Oakland East Bay area. Hall is an active real estate developer and operates a nationwide portfolio of varied commercial properties, apartment buildings and hotels, as well as a variety of sports-focused businesses. Hall intends to pursue the development of a 15,000+ seat soccer-specific stadium complex to house the new club. The overall project could potentially include a hotel, a conference facility, retail and other uses synergistic to the stadium complex that would enhance the fan experience.

“Located in one of the largest media markets in the country, the Oakland East Bay area fits perfectly into our mission of building passionate regional rivalries, and further strengthens the USL’s presence on the West Coast following our recent expansion in Fresno and Las Vegas,” said USL CEO Alec Papadakis. “We have full confidence in Mark’s vision and plan to bring professional soccer to the East Bay, given his track record of success in real estate investment and development across the country.

“The USL continues to be a leader in the growth of professional soccer in North America by bringing the world’s game to new, untapped markets with proven local ownership groups and soccer-specific venues that deliver an unforgettable experience for fans. East Bay’s stadium will not only serve as a first-class venue for a professional soccer team, but also be a community asset that hosts other events.”

Having acquired the rights to a USL franchise, Hall will work directly with local officials to secure a suitable location for a major stadium project. The goal is to have the stadium and team ready for kickoff by the 2021 USL season or sooner, if possible.

“Professional soccer continues to thrive across North America, and we are thrilled to participate in its future by bringing a professional USL club to the East Bay,” said Hall. “The East Bay area is the center of gravity for soccer participation in Northern California. We have passionate fans who love the game, and I’m looking forward to building the club for this region, with a state-of-the-art venue to call their own.

“We see a unique opportunity to fill a professional sports void created from the loss of the Oakland Raiders and the Golden State Warriors to venues outside of the East Bay. We intend to fill that void with soccer, which we see as the up-and-coming sport of the future, both in our region and the nation. A well-conceived stadium complex can be a game-changing economic generator for the right area, and we hope there will be a community that will find an integrated stadium, hotel and conference facility to be an attractive anchor, which will generate jobs and economic vibrancy.

“Our new USL club will be a natural extension of our other sports-oriented activities currently underway in the East Bay,” said Hall, who is presently overseeing construction of the Shadelands SportsMall facility in Walnut Creek. This $45 million-dollar project is one of the largest privately financed indoor youth sports complexes in the United States, covering 250,000 square feet. This highly-anticipated facility, which is expected to complete construction by August 2018, will house seven long-established businesses conducting youth-oriented sports training. Tenants in the Shadelands SportsMall include the Ultimate Fieldhouse Basketball complex, which has recently been home to the Stephen Curry SC30 Select Camp, Encore Gymnastics, American Swim Academy, Vibe Volleyball, Mike Murphy Baseball, Sparta Taekwondo and the anchor tenant of the complex, Copa Reál Soccer Training Studios (www.coparealsoccer.com) – a subsidiary of Hall’s diversified sports business platform, known as COPA Innovation Laboratories.

For more information, visit www.usl2eastbay.com and the organization’s official Facebook, Twitter and Instagram pages.

Please direct all interview requests to Kelsey Barclay at kelseyleeb@hallequitiesgroup.com.

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About COPA Innovation Laboratories:

COPA Innovation Laboratories (“COPA Labs”) is engaged in the research, development and production of advanced training tools, the accumulation of athletic talent data through quantitative assessment protocols, and the operation of sports training centers. COPA Labs also expects to launch a suite of franchised business opportunities for sale in 2018-2019, employing the use of its proprietary training systems and devices. COPA Labs’ team consists of software engineers, mechanical engineers, electrical engineers, data scientists, sports scientists, trainers and others in facilities located in Northern California and Dallas, Texas. COPA Labs has license agreements and joint ventures, as well, with other firms which have similar or complementary business activities located in the United Kingdom and Germany, and relationships extending into both the Premier League in the UK, and the German Bundesliga. For more information on COPA Labs go to www.copainnovationlabs.com.

About Hall Equities Group:
Hall Equities Group is a real estate investment, development, and property management company representing the interests of select private investors and company-sponsored group investment entities. Originally founded in 1962 as a small family residential real estate brokerage business, Hall Equities Group has grown into a diversified property developer and investor with demonstrated success across multiple property types including industrial buildings, multi-family housing, retail shopping centers, branded and boutique hotels, office buildings, self-storage, subdivisions, and master planned communities. In 2015, Hall Equities Group acquired twenty-nine hotels and the corporate assets of ZMC Hotels, a Duluth, MN based hotelier. ZMC Hotels has become a wholly owned subsidiary of Hall Equities Group, and now owns or operates a total of forty-one hotels with eight additional new hotel projects under development. The combined portfolio of Hall Equities Group and ZMC Hotels now covers 165 properties across nineteen states. For more information on Hall Equities Group, go to www.HallEquitiesGroup.com.

About USL
The USL is one of the most prominent Division II professional soccer leagues in the world, with 30 markets in 20 U.S. states and two Canadian provinces for the 2017 season. In total, the USL reaches a population of 75 million people, fueling the growth of professional soccer across North America.

In 2016, more than $100 million were invested league-wide into stadium infrastructure to create venues that deliver an unforgettable fan and competitor experience. The USL has national media partnerships with ESPN and SiriusXM, and recently invested $10 million to create USL Productions – which includes a state-of-the-art facility that will produce and distribute nearly 500 league matches and more than 1,000 hours of original content to national partners, local affiliates, USL’s Match Center and international markets.

A growing league, the USL has more than doubled in size since 2014, with Ottawa Fury FC, Reno 1868 FC and the Tampa Bay Rowdies debuting in 2017. Fresno FC, Las Vegas Lights FC, Nashville SC, North Carolina SC and a new club operated by Major League Soccer’s Atlanta United are set to join the league for 2018, with Birmingham, Alabama and Austin, Texas set to join the league in 2019. Beyond league play, the USL regularly features international exhibitions against leading Premier League, Liga MX, and Bundesliga clubs, among others.

Headquartered in Tampa, Fla., the USL provides unparalleled club support with a growing team of more than 50 professionals across 17 departments, ranging from operations to marketing, communications and sponsorship. Follow the USL at USLSoccer.com, the USL Match Center, and on social media via TwitterFacebook and Instagram.

CategoriesAcquisitions Hospitality News

ZMC Hotels acquires six branded properties and adds two states to Southeast portfolio

ZMC Hotels is pleased to announce the acquisition of six branded Marriott and Hilton hotel properties totaling 578 guest rooms to the ZMC Hotels’ management portfolio, on behalf of company-sponsored investment entities. Formerly part of the Buford, Georgia-based Ascent Hospitality, the hotels are located in Alabama, Mississippi, and Georgia, adding two new states and five new flags to the ZMC Hotels portfolio. Each hotel occupies a prime location with important tourist and business destinations nearby.

In Tupelo, Mississippi, the birthplace of Elvis Presley, ZMC Hotels has added a 93-room Courtyard by Marriott and an 87-room Fairfield Inn & Suites by Marriott. In Oxford, Alabama, ZMC Hotels has added an 81-room Home2 Suites by Hilton, and a 124-room Hilton Garden Inn, adjacent to the world-famous Talladega Speedway. And in Georgia, ZMC Hotels has added an 80-room Fairfield Inn & Suites by Marriott in the historic city of Savannah, as well as a 113-room Springhill Suites by Marriott in Statesboro, the home of Georgia Southern University.

Already well-positioned in the South with hotels in North Carolina, Alabama, and Florida, these additional six hotels expand ZMC Hotels’ presence in the Southeast, creating a strong regional presence to match that in the Upper Midwest and the Southwestern United States. The addition adds 220 employees to the ZMC Hotels’ family and brings the total portfolio to 40 hotels and more than 4,000 rooms across 13 states.

“The addition of these six hotels not only provides additional scale to our critical Southeast region but adds Springhill Suites, Fairfield Inn & Suites, Courtyard by Marriott, Hilton Garden Inn and Home2 Suites to our collection of brands under management,” said John Henry, Executive Vice President & Chief Operating Officer. “We’re thrilled to be welcoming these six new GMs and their employees to our rapidly growing ZMC Hotels family.”

CategoriesAcquisitions Development Hospitality

Hall Equities Group Acquires 699 Ygnacio in Downtown Walnut Creek

Hall Equities Group is pleased to announce that it has acquired 699 Ygnacio in Downtown Walnut Creek. This infill development site consisting of just less than one acre, is located at the very high profile corner of Civic Drive and Ygnacio Valley Boulevard in Downtown Walnut Creek.

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