{"id":1004349086,"date":"2019-08-30T02:36:53","date_gmt":"2019-08-30T10:36:53","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004349086"},"modified":"2019-08-30T06:59:04","modified_gmt":"2019-08-30T14:59:04","slug":"banyan-investment-group-buys-alabama-hotel","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/banyan-investment-group-buys-alabama-hotel\/","title":{"rendered":"Banyan Investment Group Buys Alabama Hotel"},"content":{"rendered":"<div id=\"attachment_1004349089\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Hotel-Indigo-Tuscaloosa-e1567097762450.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004349089\" data-attachment-id=\"1004349089\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/banyan-investment-group-buys-alabama-hotel\/hotel-indigo-tuscaloosa\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Hotel-Indigo-Tuscaloosa-e1567097762450.jpg\" data-orig-size=\"800,600\" data-comments-opened=\"0\" 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=\"Hotel Indigo Tuscaloosa\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Hotel Indigo Tuscaloosa. Image courtesy of &lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Hotel-Indigo-Tuscaloosa-e1567097762450.jpg?w=800\" class=\"wp-image-1004349089 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Hotel-Indigo-Tuscaloosa-e1567097762450.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Hotel-Indigo-Tuscaloosa-e1567097762450.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Hotel-Indigo-Tuscaloosa-e1567097762450.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Hotel-Indigo-Tuscaloosa-e1567097762450.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004349089\" class=\"wp-caption-text\">Hotel Indigo Tuscaloosa. <em>Image courtesy of HREC Investment Advisors<\/em><\/p><\/div>\n<p>Chance Partners LLC has sold the 101-key Hotel Indigo Tuscaloosa Downtown in Tuscaloosa, Ala., to an affiliate of Banyan Investment Group. An HREC Investment Advisors team of Monty Levy and Scott Stephens represented the seller in the deal.<\/p>\n<p>Hotel Indigo Tuscaloosa Downtown is located at 111 Greensboro Ave., along the 4.5-mile Tuscaloosa Riverwalk, which overlooks Black Warrior River. The hotel opened in the fall of 2016 and was the city\u2019s first riverfront hotel, as well as the state\u2019s first Hotel Indigo property. Situated 2 miles from the University of Alabama campus and the Kentuck Art Center, the property features amenities including two on-site restaurants, free parking, a fitness center and meeting facilities. Room interiors feature free Wi-Fi, flat-screen TVs and floor-to-ceiling windows.<\/p>\n<hr>\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/ihg-to-open-new-hotel-indigo-in-wa\/\">IHG to Open New Hotel Indigo in Washington<\/a><\/p>\n<hr>\n<p>In 2017, the hotel <a href=\"https:\/\/www.commercialsearch.com\/news\/alabama-hotel-awarded-leed-silver-certification\/\">achieved LEED Silver certification<\/a> from the United States Green Building Council, just the second hotel in the state to receive the certification. Among its sustainable features, Hotel Indigo Tuscaloosa offers guests charging stations for electric vehicles, a highly reflective TPO roof, which reduces heat effects and low-flow plumbing fixtures throughout the property. Additionally, the hotel was built using 35 percent recycled material and 44 percent regionally sourced material.<\/p>\n<p>Banyan Investment Group has been active in the hospitality sector. Last year, the firm <a href=\"https:\/\/www.commercialsearch.com\/news\/banyan-buys-2-ga-hilton-hotels\/\">acquired two Hilton hotels<\/a> in Georgia: the 120-key Hilton Garden Inn Columbus and the 91-key Homewood Suites by Hilton Columbus. Banyan assumed operations of both hotels following the acquisition.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An affiliate of the firm acquired the first hospitality property in Tuscaloosa, Ala., to overlook the Black Warrior River.<\/p>\n","protected":false},"author":745,"featured_media":1004349089,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21751,21742],"tags":[39753,46820,33857,39364],"class_list":["post-1004349086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-hotel","category-latest","tag-banyan-investment-group","tag-chance-partners-llc","tag-hotel-indigo","tag-hrec-investment-advisors"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Banyan Investment Group Buys Alabama Hotel - 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\/banyan-investment-group-buys-alabama-hotel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banyan Investment Group Buys Alabama Hotel\" \/>\n<meta property=\"og:description\" content=\"An affiliate of the firm acquired the first hospitality property in Tuscaloosa, Ala., to overlook the Black Warrior River.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/banyan-investment-group-buys-alabama-hotel\/\" \/>\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=\"2019-08-30T10:36:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-08-30T14:59:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Hotel-Indigo-Tuscaloosa-e1567097762450.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Holly Dutton\" \/>\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\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/banyan-investment-group-buys-alabama-hotel\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/banyan-investment-group-buys-alabama-hotel\\\/\"},\"author\":{\"name\":\"Holly Dutton\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/9259ffaba4775229ae3556b9555e566d\"},\"headline\":\"Banyan Investment Group Buys Alabama Hotel\",\"datePublished\":\"2019-08-30T10:36:53+00:00\",\"dateModified\":\"2019-08-30T14:59:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/banyan-investment-group-buys-alabama-hotel\\\/\"},\"wordCount\":265,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/banyan-investment-group-buys-alabama-hotel\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2019\\\/08\\\/Hotel-Indigo-Tuscaloosa-e1567097762450.jpg\",\"keywords\":[\"Banyan Investment Group\",\"Chance Partners LLC\",\"Hotel Indigo\",\"HREC Investment Advisors\"],\"articleSection\":[\"Deals\",\"Hotel\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/banyan-investment-group-buys-alabama-hotel\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/banyan-investment-group-buys-alabama-hotel\\\/\",\"name\":\"Banyan Investment Group Buys Alabama Hotel - 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