Jul
04
Gehr Hospitality Nabs Four Points by Sheraton, Charlotte
ByBMO Harris Bank financed the acquisition. Real Hospitality Group will manage the 132-key property, which is set to undergo a significant renovation.
Gehr Hospitality, a division of The Gehr Group, purchased the 132-key Four Points by Sheraton hotel in Charlotte, N.C. BMO Harris Bank provided financing for the acquisition of the property. Real Hospitality Group will manage the hotel. Thuong Luong and Molly Caccamo of Gehr Hospitality led the transaction on behalf of the company.
Located at 315 E. Woodlawn Road, the Four Points by Sheraton, Charlotte is 15 minutes from the Charlotte-Douglas International Airport and across the street from the city’s LYNX Light Rail system, which provides direct access to downtown and the Charlotte Convention Center…