The Ehmer Group sells La Quinta by Wyndham Madera

Eloise Hanson By Eloise Hanson
23 July 2019 | Updated 23 July 2019

US: The Ehmer Group has announced the successful marketing and sale of the upper-midscale hotel, La Quinta, in Madera, California.

Richard Ehmer, president of San Francisco-based real estate firm, The Ehmer Group, negotiated the sale of this 97-room hotel in the Central Valley of California.

It was originally purchased by a group of hotel investors from the San Francisco Bay Area for just under $12 million.

The property has been completely renovated from top to bottom, including exterior adjustments to the building skin and roof, as well as interior improvements of all major systems and a premium furniture package.

"The sale presents an incredible opportunity for the Buyer to grow their hotel portfolio with a newly renovated, performing hotel in a burgeoning California market. The Ehmer Group was proud to represent our clients in this transaction," said Ehmer.

The Ehmer Group offers advisory services for the acquisition and disposition of hospitality assets in the United States and abroad, with experience covering resorts, boutique hotels, casinos, and development projects.

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