Admiral Fund, USAA Acquire Interest in 190-Room Hilton Garden Inn

HOUSTON-The JV takes a preferred equity interest in the select-service Hilton Garden Inn; with American Liberty Hospitality continuing partial ownership and management. Included: Other southwest stories.

By Amy Wolff Sorter | Updated on November 19, 2011

HOUSTON- Admiral Capital Real Estate Fund LP, co-founded by former National Basketball Association player David Robinson has joined forces with USAA Real Estate Co. to acquire a preferred equity interest in the Hilton Garden Inn, a select service hotel in Houston’s Energy Corridor. The acquisition, the fund’s third, is the first in the hotel sector.

The hotel opened in 2008 at 12245 Katy Fwy. and will continue to be partially owned and managed by American Liberty Hospitality of Houston. “In a highly competitive market, relationship driven opportunities are where we focus our resources,” said Robinson in a press release describing the transaction. “We are honored to be partners with USAA, Hilton Hotels and American Liberty who all share our commitment to service and integrity.”

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