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Nexgen acquires El Paso, TX, Hampton Inn

The transaction was brokered by Hunter Hotel Advisors

Nexgen Management acquires Hampton Inn & Suites El Paso-Airport to boost Texas hospitality presence

Nexgen Management recently acquired the four-story, 139-room Hampton Inn & Suites El Paso-Airport in El Paso, Texas.

Summary:

  • Nexgen Management acquired the four-story, 139-room Hampton Inn & Suites El Paso-Airport in El Paso, Texas.
  • Hunter Hotel Advisors brokered the transaction, led by Senior Vice President Kami Burnette and Vice President Mason McDavid.
  • The property is near El Paso International Airport, Marathon Petroleum, Veolia, Kinder Morgan, the Hospitals of Providence, University Medical Center of El Paso and the University of Texas at El Paso.

NEXGEN MANAGEMENT RECENTLY acquired the four-story, 139-room Hampton Inn & Suites El Paso-Airport in El Paso, Texas. The Texas-based company, led by CEO Paul Uppal, focuses on limited and full-service hotel segments in the U.S.


The transaction was brokered by Hunter Hotel Advisors, led by Senior Vice President Kami Burnette and Vice President Mason McDavid, Hunter said in a statement.

“This is our second transaction in El Paso in 2025,” said Burnette. “We facilitated this sale to support the buyer’s continued growth across their hospitality portfolio along the border.”

The property is near El Paso International Airport, which serves more than 3.9 million passengers and handles more than 96,000 aircraft operations annually, the statement said. The area includes operations by Marathon Petroleum, Veolia and Kinder Morgan, as well as institutions such as The Hospitals of Providence, University Medical Center of El Paso and the University of Texas at El Paso.

Nearby sites include Sun Bowl Stadium, El Paso Museum of Art, and El Paso Zoo and Botanical Gardens. The hotel includes a fitness center, business center and outdoor pool.

In April, Whitestone Capital, a subsidiary of Whitestone Cos. led by CEO Jay Batra, acquired the 189-key Westin Great Southern Hotel in Columbus, Ohio, in an all-cash deal.

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Noble adds 35-property Sonesta Simply Suites to portfolio
Photo credit: Noble Investment Group

Noble adds 35 Sonesta Simply Suites

Summary:

  • Noble acquired a 35-property Sonesta Simply Suites portfolio.
  • The hotels are concentrated in Sunbelt and corporate-demand corridors.
  • It deployed capital into 100+ assets across 62 markets last year.

NOBLE INVESTMENT GROUP acquired a 35-property Sonesta Simply Suites portfolio with more than 4,000 rooms, expanding the firm's branded long-term accommodations platform. Terms were not disclosed.

The hotels are concentrated in Sunbelt and corporate-demand corridors, Noble said in a statement. The acquisition is immediately accretive, supported by current occupancy, stable cash flow and a basis below replacement cost.

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