
The 150-room hotel was sold to Ascent Hospitality for US$19.25 million and converted to a SpringHill Suites.
Officials at Hunter Realty today announced that the firm had brokered the sale of the former 150-room Hyatt Place Hotel in Birmingham, Ala. in a complex transaction that included converting the recently opened hotel to the SpringHill Suites by Marriott brand at the time of closing. Teague Hunter, president of Hunter Realty, led the team that represented Capmark Financial (seller) in the sale of the hotel to Ascent Hospitality for $19.25 million.Officials at Hunter Realty today announced that the firm had brokered the sale of the former 150-room Hyatt Place Hotel in Birmingham, Ala. in a complex transaction that included converting the recently opened hotel to the SpringHill Suites by Marriott brand at the time of closing. Teague Hunter, president of Hunter Realty, led the team that represented Capmark Financial (seller) in the sale of the hotel to Ascent Hospitality for $19.25 million.

