Banyan Investment Group Completes Sale of Holiday Inn Express Bluffton @ Hilton Head Area

BLUFFTON, South Carolina—Banyan Investment Group (BIG) announced the completed sale of the 112-room Holiday Inn Express & Suites Bluffton @ Hilton Head Area in South Carolina, to Trishul Hospitality for an undisclosed price. The transaction generated a 24 percent IRR and a 3.3x equity multiple. “We purchased the Bluffton Holiday Inn Express & Suites back in 2014 with the idea that this South Carolina coastal submarket was poised for long-term growth,” said Samir Yajnik, principal […]

The post Banyan Investment Group Completes Sale of Holiday Inn Express Bluffton @ Hilton Head Area appeared first on LODGING Magazine.

This post was originally published on this site

773-300-3164

CHICAGO

807 Waukegan Road
Deerfield, IL 60015

NASHVILLE

4117 Hillsboro Rd. | Suite 10255
Nashville, TN 37215