DSH Hotel Advisors, a national hotel brokerage and advisory firm headquartered in Tampa, Florida – specialized solely in hotels – announced that Dennis S. Hopper, CCIM, Managing Principal arranged the sale of the Red Roof Plus Orlando, FL for an undisclosed price on December 29, 2021. DSH Hotel Advisors represented the seller QDI 1 LLC, and an outside brokerage firm represented the buyer HKB Investment Group.
The sale represents another successful hotel transaction that DSH Hotel Advisors facilitated – adding to their robust track record of transactions throughout the Florida markets. It also highlights the firm’s willingness to collaborate with other brokerage firms in an effort to maximize the sale price of the asset on behalf of the seller.
“We generated over 15 offers throughout the course of marketing the Red Roof Plus for sale – we saw significant interest from buyers throughout the country and internationally. Ultimately, the buyer for this asset was represented by an outside brokerage firm, and we readily engaged in an agreement to collaborate with them in an effort to maximize the sale price on behalf of our client (the seller). One of our core principles as a firm is to willingly collaborate with other brokerage firms if they have the best buyer for our exclusively listed engagements – this process contributes to maximizing the sale price for the seller by creating the largest possible buyer pool. Further, this property is situated in a prime location right next to ICON Park and approximately 2 miles from Universal Studios, the Convention Center, CityWalk, SeaWorld and numerous other world class attractions. We wish the best to the new ownership of the hotel and we think they will do great.”