Articles from Excel Group

Excel Group (“Excel”), an Arlington, Virginia-based private equity firm that owns, develops, and invests in hotels throughout the United States, today announced that it has acquired the Hampton Inn & Suites Coconut Creek (“Hampton Inn”) and Residence Inn Fort Lauderdale Coconut Creek (“Residence Inn”) hotels in Broward County, Florida. The acquisitions of these properties are Excel’s first in South Florida in several years and are investments of Excel Fund I.

Excel Group, a private equity firm that owns and develops hotels throughout the United States, is pleased to announce that it has partnered with Ares Management Real Estate Secondaries funds (“Ares”) to invest in a portfolio of Excel-owned Marriott and Hilton branded hotels. The portfolio comprises eight assets primarily concentrated in high-demand U.S. east coast markets with a mix of limited service, select service, and extended stay hotels. The transaction also provides additional capital for Excel Group to continue to grow their hotel portfolio.

Excel Group, an Arlington, Virginia-based private equity firm that owns, develops, and invests in hotels throughout the United States, today announced that it has acquired the Embassy Suites by Hilton Syracuse Destiny USA. The 209-guestroom hotel in Syracuse, New York is the most recently developed hotel in the greater Syracuse market and is only hotel located adjacent to Destiny USA, one of the ten largest shopping and entertainment centers in the United States.

Excel Group (“Excel”), a real estate private equity firm focused on acquiring and developing premium-branded limited-service hotels, today announced that Matt Wexler has joined the firm as Principal. Mr. Wexler has over two decades of commercial real estate, development, and hospitality investment experience. Most recently, he founded Cascadilla Partners, a sponsor and consultancy specializing in hotel assets and non-performing/sub-performing loans across the United States.

Arlington, VA – based real estate investment firm Excel Group recently completed the acquisition of the 150-key Hampton Inn & Suites Yonkers, NY, located 17 miles away from New York City. The asset benefits from a strategic location in the center of a mixed-use complex that includes two major hospitals, medical offices, corporate offices, industrial manufacturing, and retail outlets. The local market has seen significant demand growth over the past 5 years including the development of Lions Gate film studios, which will bring ~1 Million square feet of studio and office space to Yonkers in 2023 (largest TV production studio in the Northeast).

Arlington, VA –based real estate investment firm Excel Group recently completed the acquisition of the 143-key Hilton Garden Inn Dobbs Ferry, located 16 miles away from New York City. The asset is a newly constructed hotel located in the newest upscale mixed-use complex in the surrounding area.

Arlington, VA –based real estate investment firm Excel Group recently completed the acquisition of the 105-key Hampton Inn Boston Logan Airport Chelsea. The asset is a newly constructed hotel that opened in 2020.

Excel Group, an Arlington, VA-based real estate investment firm, has announced its recent acquisition of the 221-room dual-brand Homewood Suites & Hilton Garden Inn Jacksonville Downtown.

Excel Group, an Arlington, VA-based real estate investment firm, recently completed the acquisition of five hotels via three separate transactions – the 154-room Embassy Suites Dulles North Loudoun, 90-room Homewood Suites Dulles North Loudoun, 170-room Homewood Suites Lansdale, 94-room Courtyard Charlotte Northlake & 94-room Residence Inn Charlotte Northlake.