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Clarion Pointe opens in Statesville, NC

It was developed by Asian American owned Shrina Inc.

Clarion Pointe opens in Statesville, NC

The Clarion Pointe in Statesville, North Carolina, is now open. It is owned by Shrina, Inc., led by Tika Shah and Jigar Majmundar.

It also is the 25th hotel to open for Choice’s relatively new midscale select-service brand.


The 104-room Clarion Pointe Statesville is near Lake Norman, the Charlotte Motor Speedway, local breweries and the Blue Ridge Mountains. Amenities include an outdoor pool and a fitness center. The hotel is pet friendly.

Other Clarion Pointe hotels have recently opened in Franklin, Tennessee; Rock Hill, South Carolina; and Beckley, West Virginia, and additional openings are expected this year in Tallahassee, Florida; Salt Lake City, Utah; and Syracuse, New York.

"The opening of the brand's 25th hotel is proof this concept is resonating with guests and developers — even despite the challenging travel environment — and we look forward to building on the brand's incredible success with openings in more of travelers' favorite destinations," said Megan Brumagim, vice president of brand management, design and compliance for Choice.

Choice launched the Clarion Pointe brand in September 2018.

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Peachtree Group funds Vastland’s VOCE hotel with $130M loan
Photo credit: Vastland Co.

Peachtree finances Vastland’s VOCE Hotel for $130M

Summary:

  • Peachtree Group financed Vastland’s VOCE Hotel in Nashville for$130M.
  • The 25-story development will feature 192 residences and 114 hotel suites.
  • Construction will start Dec. 8, with completion expected in fall 2027.

PEACHTREE GROUP PROVIDED a $130 million construction loan to Vastland Co. for its first VOCE Hotel & Residence in Nashville, Tennessee. Construction will begin on Dec. 8, with completion expected in fall 2027.

The 25-story mixed-use development will include 192 residences, 114 hotel suites, 60,000 square feet of office space, and more than 40,000 square feet of dining and wellness amenities, according to NashvillePost.

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