ARLINGTON, Va.–(BUSINESS WIRE)–Arlington, VA – based real estate investment firm Excel Group recently completed the acquisition of the 150-key Hampton Inn & Suites Yonkers, NY, located 17 miles away from New York City. The asset benefits from a strategic location in the center of a mixed-use complex that includes two major hospitals, medical offices, corporate offices, industrial manufacturing, and retail outlets. The local market has seen significant demand growth over the past 5 years including the development of Lions Gate film studios, which will bring ~1 Million square feet of studio and office space to Yonkers in 2023 (largest TV production studio in the Northeast).
“We are very excited to add another hotel in Westchester County. The local market fits our investment criteria as we search for assets with diverse and stable demand drivers,” remarked founder Shoham Amin. The hotel benefits from a diversified market with material demand driven from healthcare, sports, education, film production, and corporate.
For more information, please contact info@excelgp.com
ABOUT EXCEL: Excel Group is a Washington, DC-based real estate private equity firm that owns and develops hotels across the US. Since 2011 Excel Group has acquired 45 assets, totaling 5,632 rooms.
Contacts
Partnership kicks off with a youth summer program in June LOS ANGELES, Feb. 26, 2026…
DFR Command is integrated into over 25 systems, such as CAD, NG911, and gunshot detection…
DELRAY BEACH, Fla., Feb. 26, 2026 /PRNewswire/ - According to MarketsandMarkets™, the global Location-based Services…
2026 research by Provoke Insights shows in-store shoppers who use 3D tools with a salesperson…
From March 23–26, Industry Leaders Will Convene in NYC to Reveal the Content, Technology, and…
TIME to host annual Women of the Year Gala on March 10, featuring appearances by…
