Dallas firm purchases hotel near Beach Boulevard for $7.9 million - Jacksonville Business Journal

A Dallas venture capital firm specializing in lower middle-market growth has acquired a 105-room WoodSprings Suites hotel near Beach Boulevard.

Records show DEA Jacksonville LLC purchased the 3425 Saland Way property from Vplace Partners LLC for $7.9 million on Feb. 14. Vplace Partners LLC acquired the property for $500,000 in 2005, with the three-story hotel built a year later.The firm's website says it's a venture capital and private equity principals investment firm that hasTwo people registered to the LLC are Lennox Capital Partners LP founder Richard Squires and Dennis Wong.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UNT Dallas researchers to study health care strategies developed during Covid - Dallas Business JournalThe project from Texas Health Resources and the University of North Texas at Dallas will focus on documenting innovations community health care providers made to better reach underserved communities throughout the Covid pandemic.
Source: DallasBizNews - 🏆 525. / 51 Read more »

Here's where Dallas-Fort Worth apartment hunters are coming from or headed - Dallas Business JournalOne in three apartment seekers now living in Dallas-Fort Worth is looking to leave the DFW Metroplex, according to Apartment List.
Source: DallasBizNews - 🏆 525. / 51 Read more »