NEWPORT NEWS, Virginia—Mumford Company shared its sales performance from the first half of 2024, with multiple transactions closing in the second quarter. “Even with the current state of interest rates, the hospitality industry fundamentals are strong which continues to drive transactions,” said Justin Pinkard, principal, Mumford Company. “The bid-ask is still sometimes challenging, but there continues to be strong interest in lodging assets.” Some of its recent transactions include: “At Mumford Company, we pride ourselves […]

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