HREC Arranges Sale of Hampton Inn Cherry Hills Voorhees, New Jersey
DENVER, CO. & WASHINGTON, D.C. April 17, 2017 - HREC Investment Advisors is pleased to announce it has arranged the sale of the 120-guestroom Hampton Inn Cherry Hill-Voorhees located in Voorhees, New Jersey to a regional hotel ownership group.
Ketan Patel, Senior Vice President in HREC Investment Advisors' Washington D.C. office, exclusively represented the seller during the transaction.
The Hotel is strategically located in Voorhees, a part of Camden County and the Philadelphia-Camden-Wilmington, Metropolitan Statistical Area. The Hotel is situated roughly 15 miles southeast of downtown Philadelphia. Attractions near the Hotel include downtown Philadelphia, Subaru's American Corporate Headquarters, the Harris School of Business, Clementon Amusement Park, American Water Works, Nexxt Level Coliseum, the Cherry Hill Mall, Harrah's Casino, Flyers Skate Zone, Rowan University, U.S.S. New Jersey and the Adventure Aquarium.
About HREC®: HREC® is the nation's leading lodging and gaming real estate advisory firm specializing in property sales, mortgage brokerage, equity/JV structuring, consulting (market studies and appraisals), and litigation support. With offices throughout North America, HREC® is distinguished by unwavering commitment to client service and success through its team approach, intellectual capital and hotel/casino specialization.
For addition information on the property, please contact:
Ketan Patel
Senior Vice President
[email protected]
410.598.7595
Scott Stephens
COO & Senior Principal
[email protected]
813.635.0600
Ashley Hunt
Director of Marketing
[email protected]
303.267.0057
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
