{"id":1004136491,"date":"2016-02-09T08:48:21","date_gmt":"2016-02-09T16:48:21","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004136491"},"modified":"2020-04-24T05:41:36","modified_gmt":"2020-04-24T13:41:36","slug":"arbor-snaps-up-mayfield-heights-hotel-for-12m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/","title":{"rendered":"Arbor Snaps Up Mayfield Heights Hotel for $12M"},"content":{"rendered":"<p><em>By Bogdan Odagescu, Associate Editor<\/em><\/p>\n<div id=\"attachment_1004136496\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/staybridge-suites-mayfield-heights-courtesy-InterContinental-Hotels-Group.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004136496\" data-attachment-id=\"1004136496\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/staybridge-suites-mayfield-heights-courtesy-intercontinental-hotels-group\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/staybridge-suites-mayfield-heights-courtesy-InterContinental-Hotels-Group.jpg\" data-orig-size=\"960,480\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Staybridge Suites Mayfield Heights\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Staybridge Suites Mayfield Heights&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/staybridge-suites-mayfield-heights-courtesy-InterContinental-Hotels-Group.jpg?w=960\" class=\"wp-image-1004136496 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/staybridge-suites-mayfield-heights-courtesy-InterContinental-Hotels-Group.jpg\" alt=\"The Staybridge Suites Mayfield Heights hotel\" width=\"300\" height=\"150\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/staybridge-suites-mayfield-heights-courtesy-InterContinental-Hotels-Group.jpg 960w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/staybridge-suites-mayfield-heights-courtesy-InterContinental-Hotels-Group.jpg?resize=300,150 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/staybridge-suites-mayfield-heights-courtesy-InterContinental-Hotels-Group.jpg?resize=768,384 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004136496\" class=\"wp-caption-text\">The Staybridge Suites Mayfield Heights hotel<\/p><\/div>\n<p><strong>Cleveland<\/strong>\u2014Chicago-based <a href=\"https:\/\/arborlodging.com\/\" target=\"_blank\" rel=\"nofollow\">Arbor Lodging Partners<\/a> recently announced that it has acquired, through an affiliate, the <a href=\"https:\/\/www.ihg.com\/staybridge\/hotels\/gb\/en\/mayfield-heights\/clelc\/hoteldetail?qRef=sr&amp;qDest=Mayfield+Heights%2C+OH%2C+USA&amp;qRpn=1&amp;qChld=0&amp;qAAR=6CBARC&amp;qSrt=sBR&amp;qSHp=1&amp;qSmP=3&amp;qIta=99627964&amp;qGRM=0&amp;qLng=-81.4579&amp;qRdU=1&amp;qRms=1&amp;srb_u=1&amp;qAdlt=1&amp;qPSt=0&amp;qRtP=6CBARC&amp;qLat=41.5192&amp;qRRSrt=rt&amp;qRad=30&amp;qRpp=12&amp;qBrs=hi.ex.rs.ic.cp.in.sb.cw.cv.6c.vn.ul.ki&amp;qWch=0\" target=\"_blank\" rel=\"nofollow\">Staybridge Suites in Mayfield Heights<\/a>, an upscale extended-stay hotel located within the Landerbrook Corporate Park. According to Cuyahonga County land records, the property sitting at 6103 Landerhaven Drive changed hands on January 21<sup>st<\/sup> for the amount of $12 million. The sale was facilitated by <a href=\"https:\/\/hbihotels.com\/broker_users_display.php?id=1290\" target=\"_blank\" rel=\"nofollow\">Alpine Realty Capital<\/a> through President Edward Walsh.<\/p>\n<p>The property will be managed by <a href=\"https:\/\/nvnhotels.com\/\" target=\"_blank\" rel=\"nofollow\">NVN Hotels<\/a>, an Arbor affiliate. Arbor is looking to undergo significant renovations to the nine year-old hotel, looking to upgrade the exterior, as well as the guestrooms and public areas.<\/p>\n<p>The business-oriented, three-story, 123-key property is conveniently situated\u00a0in\u00a0the Landenbrook and Landerhaven Corporate Parks and just a stone\u2019s throw away from companies such as\u00a0Philips Medical, Progressive, Rockwell Automation, and Parker Hannifin. Located in a rather upscale suburban area East of Cleveland and close to both the I-271 and US 322, the Staybridge Suites Mayfield Heights offers good connections to many Cleveland areas, central downtown being reachable within a half hour drive.<\/p>\n<p>&#8220;We know that convenience, comfort and quality are all important to corporate travelers and other types of long-term guests. (\u2026) This location aligns perfectly with our goal to invest in high-quality, well-located properties that hold long-term economic promise,&#8221; said Vamsi Bonthala, CEO of Arbor Lodging Partners, in a prepared statement.<\/p>\n<p>Founded in 2005, Arbor Lodging Partners is a Chicago-based owner and operator of hotels on a national scale. It operates both owned and third-party hotels through affiliate NVN Hotels. The company\u2019s portfolio, according to its official website, currently consists of 20 properties spread over eleven states.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Arbor Lodgings Partners acquires the Staybridge Suites in Cleveland&#8217;s Mayfield Heights and prepares significant renovations.  <\/p>\n","protected":false},"author":740,"featured_media":1004136496,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1584,21743,21751,13,21742],"tags":[],"class_list":["post-1004136491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cleveland","category-deals","category-hotel","category-midwest","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Arbor Snaps Up Mayfield Heights Hotel for $12M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arbor Snaps Up Mayfield Heights Hotel for $12M\" \/>\n<meta property=\"og:description\" content=\"Arbor Lodgings Partners acquires the Staybridge Suites in Cleveland&#039;s Mayfield Heights and prepares significant renovations.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-02-09T16:48:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-24T13:41:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/staybridge-suites-mayfield-heights-courtesy-InterContinental-Hotels-Group.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bogdan Odagescu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/\",\"name\":\"Arbor Snaps Up Mayfield Heights Hotel for $12M - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/staybridge-suites-mayfield-heights-courtesy-InterContinental-Hotels-Group.jpg\",\"datePublished\":\"2016-02-09T16:48:21+00:00\",\"dateModified\":\"2020-04-24T13:41:36+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/b496539dc21c086e1deff9b417453162\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/staybridge-suites-mayfield-heights-courtesy-InterContinental-Hotels-Group.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/staybridge-suites-mayfield-heights-courtesy-InterContinental-Hotels-Group.jpg\",\"width\":960,\"height\":480,\"caption\":\"Staybridge Suites Mayfield Heights\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Arbor Snaps Up Mayfield Heights Hotel for $12M\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/b496539dc21c086e1deff9b417453162\",\"name\":\"Bogdan Odagescu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/03\/Bogdan-Odagescu.png?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/03\/Bogdan-Odagescu.png?w=96\",\"caption\":\"Bogdan Odagescu\"},\"description\":\"Bogdan Odagescu is an executive editor with Commercial Property Executive and Multi-Housing News. He joined CPE and MHN in 2016, as associate editor. Bogdan coordinates news writing and editing work for the two publications, among others. He has a background in English, literature, translation and cultural journalism, and holds an MA in contemporary literature and culture from Birkbeck College, University of London.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/bogdanodagescu\/\"],\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/bogdan-odagescu\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Arbor Snaps Up Mayfield Heights Hotel for $12M - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/","og_locale":"en_US","og_type":"article","og_title":"Arbor Snaps Up Mayfield Heights Hotel for $12M","og_description":"Arbor Lodgings Partners acquires the Staybridge Suites in Cleveland's Mayfield Heights and prepares significant renovations.","og_url":"https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2016-02-09T16:48:21+00:00","article_modified_time":"2020-04-24T13:41:36+00:00","og_image":[{"width":960,"height":480,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/staybridge-suites-mayfield-heights-courtesy-InterContinental-Hotels-Group.jpg","type":"image\/jpeg"}],"author":"Bogdan Odagescu","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/","url":"https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/","name":"Arbor Snaps Up Mayfield Heights Hotel for $12M - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/staybridge-suites-mayfield-heights-courtesy-InterContinental-Hotels-Group.jpg","datePublished":"2016-02-09T16:48:21+00:00","dateModified":"2020-04-24T13:41:36+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/b496539dc21c086e1deff9b417453162"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/staybridge-suites-mayfield-heights-courtesy-InterContinental-Hotels-Group.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/staybridge-suites-mayfield-heights-courtesy-InterContinental-Hotels-Group.jpg","width":960,"height":480,"caption":"Staybridge Suites Mayfield Heights"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/arbor-snaps-up-mayfield-heights-hotel-for-12m\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Arbor Snaps Up Mayfield Heights Hotel for $12M"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/b496539dc21c086e1deff9b417453162","name":"Bogdan Odagescu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/03\/Bogdan-Odagescu.png?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/03\/Bogdan-Odagescu.png?w=96","caption":"Bogdan Odagescu"},"description":"Bogdan Odagescu is an executive editor with Commercial Property Executive and Multi-Housing News. He joined CPE and MHN in 2016, as associate editor. Bogdan coordinates news writing and editing work for the two publications, among others. He has a background in English, literature, translation and cultural journalism, and holds an MA in contemporary literature and culture from Birkbeck College, University of London.","sameAs":["https:\/\/www.linkedin.com\/in\/bogdanodagescu\/"],"url":"https:\/\/www.commercialsearch.com\/news\/author\/bogdan-odagescu\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/02\/staybridge-suites-mayfield-heights-courtesy-InterContinental-Hotels-Group.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004136491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/740"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004136491"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004136491\/revisions"}],"predecessor-version":[{"id":1004424505,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004136491\/revisions\/1004424505"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004136496"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004136491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004136491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004136491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}