Property Management - Nashville-Knoxville

  • 147-Room Indigo Hotel Sold in Foreclosure Auction

    By Eliza Theiss, Associate Editor Global investment management firm Archon Group LP recently acquired the 147-room Hotel Indigo at 1719 West End Ave. at a foreclosure auction, bidding $18 million, or $122,000 per room. According to The Tennessean, Irving, Texas-based Archon purchased the boutique hotel through a limited-liability corporation, bidding $18 million at a courthouse [...]

    25 July 2012 21:16