Sunday, April 7, 2019

HFF closes sale of Embassy Suites by Hilton Portland Maine



Embassy Suites by Hilton Portland Maine, a 119-room, full-service hotel at 1050 Westbrook Street adjacent to the Portland International Jetport  in Portland, ME

BOSTON, MA –– Holliday Fenoglio Fowler, L.P. (HFF) announces that it has closed the sale of the Embassy Suites by Hilton Portland Maine, a 119-room, full-service hotel in Portland.

HFF represented the private sellers in the sale of the properties to AAM 15 Management, LLC.

Denny Meikleham
The Embassy Suites by Hilton Portland Maine is situated at 1050 Westbrook Street adjacent to the Portland International Jetport and just off Interstates 95 and 295 proximate to major local corporate demand generators, including National Semiconductor, Unum and Maine Medical Center. 

Additionally, the asset is close to popular tourist destinations such as the historic Old Port District and the beaches of Southern Maine. 

Alan Suzuki

The six-story, all-suite hotel offers a full range of amenities, including a restaurant, fitness center, indoor pool and 3,615 square feet of meeting/event space.  Complimentary breakfast and evening receptions are offered to hotel guests as well.

The HFF investment advisory team representing the seller included managing director Denny Meikleham, senior director Alan Suzuki and director Matthew Enright.

About AAM 15 Management, LLC

AAM 15 Management is an independent private equity real estate investment and hotel management company. AAM 15 Management pursues acquisitions of hotel assets in the urban and suburban core throughout the east coast of the United States.
 
Matthew Enright
Management targets growing business locations, with an emphasis on those that combine education, commercial growth and positive 24/7 population trends.
 
CONTACTS:

DENNY MEIKLEHAM
HFF Managing Director
(617) 338-0990

JAMES KOURY
ME Lic. #BR904355
HFF Senior Managing Director
(617) 338-0990

OLIVIA HENNESSEY
HFF Public Relations Specialist
(713) 852-3403


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