10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us

Kabani Hotel Group Facilitates Sale of the Wyndham Garden Tallahassee Capitol

  • LODGING Staff
  • 25 June 2025
  • 1 minute read
Total
0
Shares
0
0
0

This article was written by Lodging Magazine. Click here to read the original article

Wyndham Garden Tallahassee Capitol
Photo Credit: Wyndham Garden Tallahassee Capitol

MIAMI, Florida—Kabani Hotel Group announced that Ahmed Kabani, chief executive officer and founder, along with partners Suraj Dalal and Kian McLean, has successfully completed the leasehold interest sale of the Wyndham Garden Tallahassee Capitol, a 147-room property located in Tallahassee, Florida. The transaction closed at a sale price of $7,915,000, representing a price per key of $53,844. 

Kabani Hotel Group held an exclusive listing for the property. The asset required a defeasance process to facilitate the sale. Despite operating with negative cash flow, the property traded at a 2.72x room revenue multiplier.

“This was a challenging deal that required us to navigate several complexities, including CMBS loan defeasance, leasehold transfer, constrained debt availability, and multiple prior failed sale attempts,” said Suraj Dalal, partner at Kabani Hotel Group. “As our eleventh hotel closing of 2025, we were able to leverage our extensive deal history and investor relationships to bring this to a successful close.”

“This transaction truly tested the depth of our buyer network,” said Kian McLean, partner at Kabani Hotel Group. “Given the challenges, from CMBS defeasance to a leasehold structure and negative cash flow, only a highly qualified and motivated buyer could get this to the finish line. The fact that we were able to source such a buyer speaks volumes about the reach and strength of our investor relationships.”

Accor reports sustained growth in 2024
Trending
Accor reports sustained growth in 2024

Advertisement

The Kabani Hotel Group has completed 11 hotel transactions in 2025 to date, with the majority of those taking place in Florida. 

Please click here to access the full original article.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
You should like too
View Post
  • Mergers & Acquisitions

Pandox and partner to acquire Ireland’s largest hotel group

  • David Eisen
  • 15 July 2025
View Post
  • Mergers & Acquisitions

BWH Hotels’ Soft Brands Empower Independent Hotels with Global Strength 

  • Best Western Hotels 38 Resorts
  • 15 July 2025
View Post
  • Mergers & Acquisitions

HREC Arranges Sale of Homewood Suites by Hilton Tampa-Brandon

  • LODGING Staff
  • 15 July 2025
View Post
  • Mergers & Acquisitions

Hunter Hotel Advisors Brokers Sale of Residence Inn Detroit Novi

  • LODGING Staff
  • 11 July 2025
View Post
  • Mergers & Acquisitions

PMZ Realty Capital Arranges Loan for Hampton Inn Marysville

  • LODGING Staff
  • 11 July 2025
View Post
  • Mergers & Acquisitions

Barceló Hotel Group expands into France with Evergreen Laurel Hotel acquisition

  • k.fytaki
  • 10 July 2025
View Post
  • Mergers & Acquisitions

RobertDouglas Advises TPI Hospitality on Refinancing of Margaritaville Beach Resort Fort Myers Beach

  • LODGING Staff
  • 10 July 2025
View Post
  • Mergers & Acquisitions

Cronheim Hotel Capital Secures Funds for Construction of AC Hotel Knoxville Downtown

  • LODGING Staff
  • 10 July 2025
Sponsored Posts
  • The Future of Revenue Management Is Strategic Leadership – LodgIQ

    View Post
  • Influence Society Publishes Q2 Edition of Societies Quarterly for Visionary Hoteliers

    View Post
  • Case Study: Refinery Hotel Redefines Revenue Management with LodgIQ

    View Post
Last Posts
  • World’s most innovative travel brands and concepts revealed
    • 16 July 2025
  • Now, imagine booking your next hotel stay without leaving your favorite social media app. | Shiji Horizon Distribution
    • 16 July 2025
  • How to run a hotel with fewer staff – without compromising experiences
    • 16 July 2025
  • The Future Hotel Isn’t a Building—It’s an Ecosystem
    • 16 July 2025
  • White Lodging Hires New Chief Financial Officer, Chief Legal Officer
    • 16 July 2025
Sponsors
  • The Future of Revenue Management Is Strategic Leadership – LodgIQ
  • Influence Society Publishes Q2 Edition of Societies Quarterly for Visionary Hoteliers
  • Case Study: Refinery Hotel Redefines Revenue Management with LodgIQ
Contact informations

contact@10minutes.news

Advertise with us
Contact Marjolaine to learn more: marjolaine@wearepragmatik.com
Press release
pr@10minutes.news
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
  • 📰 Columns
  • About us
Discover the best of international hotel news. Categorized, and sign-up to the newsletter

Input your search keywords and press Enter.