DALLAS—Hodges Ward Elliott (HWE) has arranged the fee-simple sale of the entire hotel portfolio for Avatar Hotel Group, comprised of three select-service hotels in Texas with 280 rooms in total, to Wolfgramm Capital. Wolfgramm Capital also purchased and assumed Avatar’s management company. In addition, HWE negotiated a separate transaction on behalf of Avatar selling a nearly three-acre development site in Plano, Texas, pre-approved for a Home2 Suites development, to another buyer. An HWE team led […]

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