Mumford Company Completes TownePlace Suites Southaven Transaction

NEWPORT NEWS, Virginia—Mumford Company announced the lately done transaction of the TownePlace Suites in the Memphis suburb of Southaven, Mississippi. Steve Kirby and Ed James, Mumford’s managing principals; Justin Pinkard, significant, and John James, senior companion in the Atlanta verbalize of job represented the vendor, Peachtree Neighborhood. The purchaser was once Southaven Hotel Funding Neighborhood, LLC, an affiliate of ARK Trend.

Kirby acknowledged, “It was once a pleasure to signify Peachtree Neighborhood once more. This was once our third transaction sold on their behalf. It was once furthermore the third transaction with pals of this buyer neighborhood. The professionalism on every sides of the deal made it easy to consummate. Repeat trade is basically the suitable trade.”