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Whitestone Companies Acquires 5 Resorts from KKR

Columbus, Ohio – Whitestone Companies, an precise estate investment firm based entirely in Columbus, Ohio, launched the acquisition of 5 accommodations from KKR totaling 612 guestrooms. The accommodations embrace the Hilton Backyard Inn Colorado Springs, Homewood Suites Colorado Springs, Homewood Suites Princeton, Homewood Suites Cleveland, and Courtyard West Palm Beach Airport. The acquisitions add the states of Florida and Colorado to the firm’s investment portfolio, which now spans 9 states and three time zones.

“We no longer only grew by 5 accommodations but additionally by over 125 associates,” talked about Jay Batra, CEO of Whitestone Companies. “To each and each of you, I want to snarl welcome to the Whitestone Family. We saw improbable possible in each and each of your accommodations, and collectively we are in a position to put in force our approach, upgrade the bodily product, encourage operational excellence, and have a definite affect in each and each of your markets.”

This buy permits Whitestone Companies to enhance its family with each and each Hilton and Marriott by along with two contemporary producers—Courtyard and Homewood Suites—to its present asset lineup.

As smartly as to accommodations, the Whitestone Companies portfolio consists of multi-family gadgets and corporate office place.

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