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Hanna Collaborates with SVN Advisors to Sell Hotel in Kansas

JANUARY 2015, SALISBURY, MD Henry Hanna, CCIM, SIOR, Senior Advisor with Sperry Van Ness – Miller Commercial Real Estate in Salisbury, MD, recently sold a 62 unit CrestHill Suites Hotel in Wichita, KS following a 6 month contract negotiation process. The property was listed and sold by the Sperry Van Ness team that included Hanna in addition to Tom Hamm, Chairman of the SVN Hospitality Council, who is based in Stamford, CT, and C. Sterling Scott, CCIM, an SVN / Encompass Advisor based in Kansas City, MO.

CrestHill Suites is a private brand of extended stay hotels based in New York. The CrestHill Suites name will remain on the property under a license agreement with the buyer, PSJ Hospitality LLC.  The seller was CrestHill Suites Investors, LLC. In addition to this hotel, Hanna also represents 3 other CrestHill hotels in New York. Hanna stated, “We are excited to be able to serve our client’s interests whether in Salisbury or in the 36 states across the country that have Sperry Van Ness offices.”

For more information about the remaining CrestHill listings or other commercial real estate availabilities, contact Henry Hanna, CCIM, SIOR at henry.hanna@svn.com or call 410-543-2440.

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