Archer Capital Secures Homewood Suites Augusta in 2025
ARCHER CAPITAL GROUP acquired the 65-key Homewood Suites by Hilton Augusta in Augusta, Georgia, from an institutional seller, according to Hunter Hotel Advisors. Miami-based Archer is led by CEO Bakul Sanghvi and Managing Principal Rahil Sanghvi.
Mayank Patel, HHA’s senior vice president, facilitated the transaction with terms undisclosed.
"Mayank handled this transaction with utmost professionalism," Rahil Sanghvi said. "I want to thank all parties involved in the acquisition."
The hotel is near Augusta National Golf Club and downtown Augusta, which offers dining, nightlife and attractions. Nearby are the U.S. Army Cyber Center of Excellence, Fort Eisenhower, Augusta University, the Medical College of Georgia and Doctors Hospital of Augusta. Amenities include a fitness center and an outdoor pool.
"This transaction adds another strong asset to Archer Capital Group’s portfolio, enhancing the company’s presence in the market," said Patel. "The synergies created through this acquisition will create operational efficiencies and long-term value."
In November, Archer reportedly purchased the 94-key Residence Inn by Marriott Denver North Westminster, its fifth purchase in 2024.
Recently, Dhaval Patel-led MD Hospitality and Pulse Hospitality jointly acquired the 76-room Homewood Suites by Hilton Chattanooga-Hamilton Place in Chattanooga, Tennessee. Pulse Hospitality specializes in hospitality industry sourcing and supply.
Hiren Desai, 3H Group's president and CEO. 