In the news
SC Hotel Investor Caps a Run of Deals While Watching Impact of Rising Debt Rates
A Charleston hotel investor has pulled off the lodging industry’s version of a double hat trick.
The Montford Group. and Opterra Capital Cap Recent Acquisition Streak with Carolinas 3-Hotel Portfolio
TMGOC Ventures announce they have closed on the acquisition of the three select-service Marriott- and Hilton-branded hotels totaling 430 rooms in Myrtle Beach SC, Charlotte and Roanoke Rapids, NC.
The Montford Group. and Opterra Capital Acquire Aloft by Marriott at Charleston Airport & Convention Center
TMGOC Ventures announced that it has acquired the 136-key Aloft Charleston Airport and Convention Center hotel by Marriott, the only select-service lifestyle hotel at Charleston International Airport.
Canyon Partners Invests $51.5 Million in Charlotte Moxy Hotel, TMGOC Ventures
Canyon Partners Real Estate LLC today announced it has provided a $51.5 million senior loan to TMGOC Ventures for the construction of a 13-story, 208-room Moxy Hotel located in Charlotte, North Carolina.
The Montford Group. and Opterra Capital Acquire Hilton Garden Inn, a 96-Key hotel in Miami Beach, Florida
TMGOC Ventures, a partnership between The Montford Group. and Opterra Capital have closed on their thirteenth joint venture, The Hilton Garden Inn Miami Beach a 96-key hotel located at the corner of 29th and Collins Avenue in the heart of Miami Beach. .
The Montford Group. + Opterra Capital Acquire Newly Opened Aloft Savannah Airport Hotel
The Montford Group. and Opterra Capital today announced that they have closed on the acquisition of the new, 129-room Aloft Savannah Airport hotel by Marriott, the only select-service lifestyle hotel at the Savannah/Hilton Head International Airport and in the surrounding Pooler sub-market of Savannah.
Companies Announce Joint Venture to Fuel Growth in Hotel Sector And Set Sights on National Expansion
The Montford Group. and Opterra Capital have partnered on multiple transactions across the hotel, multifamily and office sectors, totaling more than $700 million in existing and pipeline development assets.
The Montford Group. + Opterra Capital end 2021 with over $200 million in real estate transactions
The Montford Group. and Opterra Capital close out 2021 with over $200 Million in real estate transactions, adding Aloft Jacksonville before year’s end.
The Montford Group. + Opterra Capital acquire 3 hotels in Sarasota
The Montford Group. + Opterra Capital. acquire Hilton 3-pack which includes Home 2, Hilton Garden Inn and Hampton Inn in Sarasota, Florida for a total of 345 Keys.
The Montford Group. + Opterra Capital acquire office building in historic downtown Charleston
The Montford Group.+ Opterra Capital acquire 170 Meeting Street, a fully-leased premium office building consisting of 30,000 square feet located in the heart of downtown Charleston.
The Montford Group. + Opterra Capital acquire 180-Room Holiday Inn Boca Raton North
The Montford Group. + Opterra Capital LLC, announce today the acquisition of the 180-Room Holiday Inn Boca Raton North. Starting July 8, Griffin Hotel Management began operation and management of the hotel.
Canyon Partners invests $25.2 million in Charleston Moxy Hotel
Canyon Partners Real Estate LLC (“Canyon”) today announced it has provided a $25.2 million loan to a joint venture between Opterra Capital (“Opterra”) and The Montford Group (“TMG”) for the construction of a 7-story select-service Moxy hotel located in Charleston, South Carolina.
2 Charleston hotel projects, including Morris Sokol makeover, get approval but 1 fails
Two plans for new lodgings on the peninsula passed muster with Charleston’s revised hotel rules this week, while a third failed to get enough support to move forward.
2 Meeting Street hotels, including Charleston's first 'Flatiron' building get design OK
Designs for two hotels planned for Charleston’s upper Meeting Street — including the first wedge-shaped or “flatiron” building to be built in the area — secured a key city approval last week.
The Montford Group. acquires Fine Rugs of Charleston building
The Montford Group acquires 1523 Meeting Street Road formerly known as "Fine Rugs of Charleston" in Downtown Charleston (NoMo).
The Montford Group. acquires Grifter Building on Meeting Street
The Montford Group acquires 547 Meeting Street commonly known as these days as "The Grifter Building"
Close up with Quintin
Our CEO sits down with Quintin for an exclusive and talks all thing Charleston and TMG.’s Vision, Brand, and Lifestyle for hotels and growth.
Charleston firm better on upper Meeting Street get ok for 2 more hotels
At a triangular lot where Meeting Street, Morrison Drive and Mount Pleasant Street converge, developer Sunju Patel of the Charleston-based Montford Group imagines a new “architectural landmark”: the area’s first flatiron building.
New Charleston Moxy Hotel Anticipates Industry Rebound
Charleston will soon be one of the more than 60 locations worldwide where guests can check in at a Moxy Hotel, a brand of Marriott International.
Close up with Quintin
Our CEO Sunju Patel sits down with Quintin to talk about the growth and opportunities in Charleston.