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Woodvale Acquires Fairfield Inn & Suites Atlanta Buford Mall of Georgia from Hotel Equities in Transaction Brokered by Hunter Hotel Advisors

November 20, 2024
FFIS Atlanta Buford MoG

Hunter Hotel Advisors (“HUNTER”) today announced the successful sale of the Fairfield Inn & Suites Atlanta Buford Mall of Georgia. Woodvale acquired the property from Hotel Equities on November 1, 2024. HUNTER’s Chief Operating Officer, Lee Hunter, and Senior Vice President, David Perrin, facilitated the transaction.

The Fairfield Inn & Suites Atlanta Buford Mall of Georgia is located just off Interstate 85, north of Atlanta, offering convenient access to major attractions and key destinations throughout the metro area. Guests enjoy proximity to Mall of Georgia, Lake Lanier and The Exchange @ Gwinnett, a vibrant new mixed-use development with a dynamic blend of retail, dining, entertainment and residential offerings.

“Our acquisition of the Fairfield Inn and Suites Atlanta Buford represents our commitment to adding high-quality, strategically positioned assets to our portfolio,” said Bashir Mansour, vice president of investments for Woodvale. “We expect that this acquisition will deliver strong returns for our investors while benefiting Mall of Georgia’s evolving hospitality segment.”

The 96-room hotel features multifunctional guestrooms designed for all types of travelers. Guests have access to a 24/7 fitness center, versatile meeting spaces and an indoor pool. The new owner plans a full renovation of all guest rooms and public spaces.

“The Fairfield Inn & Suites Atlanta Buford Mall of Georgia has been a top performer in the Hotel Equities portfolio for the past 9 years,” said Fred Cerrone, former co-owner of the hotel and founder of Hotel Equities. “While we’re sad to see it leave, we’re equally proud to see its continued potential recognized by Woodvale. We sincerely appreciate the exceptional work by Hunter Hotel Advisors in brokering this successful transaction and ensuring a seamless process for all involved.”

For listing inquiries, please visit our website. 

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About Hunter Hotel Advisors
Hunter Hotel Advisors is the leading investment advisory firm focused exclusively on the hotel industry. Their seasoned team of investment professionals and offices nationwide consistently provide clients with optimal results in hotel brokerage, financial advisory and capital markets services of any size or complexity. With over 45 years of experience in both full and select-service single assets as well as portfolio marketing, the firm’s capacity in valuation, economic analysis, and industry relationships has allowed Hunter to consistently maximize value regardless of market conditions. The Hunter Hotel Investment Conference is held annually in Atlanta. It provides education and networking for hotel owners and investors across the United States. For additional information, visit www.hunterhotels.net, www.hunterconference.com or contact the Atlanta headquarters at 770-916-0300. 

About Hotel Equities
Hotel Equities (HE) is an award-winning full-scale hotel ownership, management, and development firm with a portfolio of approximately 300 hotels and resorts throughout the United States, Canada, the Caribbean, and Latin America. Fred Cerrone, CHA, serves as Founder and Chairman; Brad Rahinsky serves as President and CEO. For more information on Hotel Equities, visit hotelequities.com.

About Woodvale
Woodvale is a leading Private Equity Firm focused on Commercial Real Estate In the Southeast and Central U.S.  for over 50 years Woodvale has cemented itself as a leader in the development, acquisition, and management of high-quality commercial properties. Today, Woodvale manages a diverse portfolio valued at over $600 million across multiple sectors in the southeastern United States, including hospitality, media, industrial, and retail. Leveraging the combined expertise and market knowledge of the team, Woodvale is dedicated to executing on strategic investments that deliver robust, risk-adjusted returns for investors while fostering positive impacts within the communities we touch. Known for its balanced approach, Woodvale integrates data-driven insights with deep market knowledge, ensuring each investment aligns with both financial goals and community needs.