Published Aug. 6, 2012
The commercial real estate company developed the hotel for AHG Hotels LLC in 2004.
A joint venture of DeBartolo Development and Banyan Tree Cos. purchased the property, according to a news release.
Bo Aughtry of AHG Hotels LLC said the company intends to sell one or two additional hotels from its portfolio in the coming months. AHG currently has a Hampton Inn & Suites under construction in Baton Rouge, La., and one under development in Roanoke, Va.