Sage Lane Partners Acquires Hampton Inn & Suites Prattville
🏨 Sage Lane Partners and ARK Holdings acquired the 101-room Hampton Inn & Suites in Prattville, Alabama, with ARK Hospitality to operate it. Sage Lane has over $350 million in assets managed since its 2024 formation. They plan up to three hotel acquisitions and two development deals in the current year. The hotel offers a fitness center, pool, business center, 576 square feet of event space, free breakfast, and Wi-Fi. Sage Lane targets value-add and opportunistic investments, partnering with investors for substantial returns.
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