Wednesday, July 12, 2017

Marcus & Millichap Arranges Sale of 60-Room Country Inn & Suites in Tallahassee, FL

                               

Jonathan Ruprai

TALLAHASSEE, FL, July 12, 2017 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of the Country Inn & Suites, a 60-room limited-service hotel located in Tallahassee, Florida, according to Ari Ravi, regional manager of the firm’s Tampa office.

Jonathan S. Ruprai, senior director of the firm’s National Hospitality Group in Marcus & Millichap’s Tampa office, represented the seller and secured the buyer. “Due to a longstanding relationship with both the seller and buyer, we were able to structure a creative deal that was beneficial to both parties.  The buyer plans on repositioning the hotel to an assisted living facility,” says Ruprai.  

For a complete copy of the company’s news release, please contact:

Ari Ravi
Regional Manager, Tampa

(813) 387-4700



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