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Henrico-based Lingerfelt CommonWealth Realty buys Florida hotel

Mar 1, 2017

Posted on 3/1/2017 by Richmond Times-Dispatch

Henrico County-based Lingerfelt CommonWealth Realty Partners has expanded its ownership reach again in Jacksonville, Fla., by buying a dual-branded hotel.

The company acquired the Hilton Garden Inn | Homewood Suites hotel in downtown Jacksonville for $24.7 million, said Kenneth S. Strickler, managing director of acquisitions and asset management for Lingerfelt CommonWealth Partners, the investment management affiliate of commercial real estate firm Commonwealth Commercial Partners. He’s also president of Commonwealth Commercial Partners.

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