Fusion Hotels Acquires Hampton Inn Columbus I-71
A private investor group backed by Fusion Hotels buys the 60-room Sunbury, Ohio asset using SBA 504 financing.
The short answer
Fusion Hotels has acquired the 60-room Hampton Inn Columbus I-71 North in Sunbury, Ohio, using an SBA 504 loan structure. The property grows Fusion Hotels' Midwest footprint to 16 properties across Ohio, Indiana, and Kentucky.
The short version
- Fusion Hotels acquired the 60-room Hampton Inn Columbus I-71 North in Sunbury, Ohio, via a private investor group.
- LCNB National Bank and Alloy Development Co. provided the SBA 504 debt package facilitated by Largo Capital.
- 15 hotels across Ohio, Indiana, and Kentucky make up Fusion Hotels' broader regional portfolio.
Fusion Hotels has expanded its regional footprint by acquiring the 60-room Hampton Inn Columbus I-71 North in Sunbury, Ohio, through an affiliated private investor group for an undisclosed sum [1]. The acquisition relied on an SBA 504 debt package to secure the highway-adjacent asset in Delaware County [1].
Who managed the transaction and represented the parties?
Laurel Real Estate Co., a member of Hotel Brokers International, brokered the transaction representing the seller [1]. Lauren D’Souza-Faze, vice president of hotel sales at Laurel Real Estate Co., handled the multi-party sale [1]. Hotel Business reported that the buyer is a private investor group tied directly to Fusion Hotels [1]. Financing advisory services were facilitated by Katie Vivian of Largo Capital [1].
How was the acquisition capital structured?
The deal utilized an SBA 504 financing structure combining private equity, conventional bank debt, and certified development company financing [1]. LCNB National Bank served as the conventional first-mortgage lender, according to Hotel Business [1]. Alloy Development Co. participated as the certified development company, providing the second-lien debenture [1]. As outlined by Hotel Business, the SBA 504 loan program pairs a first mortgage from a conventional lender with an SBA-certified development company loan to back owner-occupied commercial real estate and long-term fixed assets [1].
| Deal Component | Participating Entity | Role / Scope |
|---|---|---|
| Acquisition Target | Hampton Inn Columbus I-71 North | 60-room hotel in Sunbury, Ohio |
| Buyer / Operator | Fusion Hotels / Private Investor Group | Operating platform led by Amul Patel |
| Seller Representative | Laurel Real Estate Co. | Broker (Hotel Brokers International member) |
| First Mortgage Lender | LCNB National Bank | Conventional senior debt |
| CDC Lender | Alloy Development Co. | SBA 504 second-lien structure |
| Financing Advisor | Largo Capital (Katie Vivian) | Debt origination facilitator |
What are the growth plans for Fusion Hotels?
Fusion Hotels, led by Amul Patel, plans to assume day-to-day management of the Sunbury property [1]. The addition expands Fusion Hotels' footprint across the Midwest, building on its existing collection of 15 hotels distributed throughout Ohio, Indiana, and Kentucky [1]. The company is deploying the asset to establish an operating base in the Central Ohio development corridor [1].
What commercial drivers support this Central Ohio location?
The property sits along the interchange of Interstate 71 and U.S. Routes 36/37, placing it directly across from Tanger Outlets Columbus [1]. Located between Columbus and Mansfield, the hotel captures transit business, retail visitors, and commercial traffic from Delaware County [1]. Hotel Business detailed that the property is situated to capture workforce and business lodging generated by Intel's Ohio One semiconductor manufacturing project in nearby New Albany, as well as area logistics, corporate offices, and automotive facilities [1].
Reported by
This article was written from the following reporting. Follow the links for the original coverage.
- [1]Fusion Hotels Acquires Hampton Inn Columbus I-71— Hotel Business
Frequently asked
+Where is the Hampton Inn Columbus I-71 North located?
The hotel is located in Sunbury, Ohio, at the interchange of Interstate 71 and U.S. Routes 36/37, situated near Tanger Outlets Columbus between Columbus and Mansfield in Delaware County.
+How large is the Hampton Inn Columbus I-71 North?
The hotel features 60 guest rooms and serves corporate, leisure, and interstate highway travelers in the Central Ohio region.
+Who operates Fusion Hotels and what is their current footprint?
Fusion Hotels is an operating management platform led by Amul Patel. The Sunbury acquisition adds to its regional portfolio of 15 hotels located across Ohio, Indiana, and Kentucky.
+What debt structure was used to purchase the hotel?
The deal was structured through an SBA 504 loan program featuring a conventional first mortgage from LCNB National Bank and certified development company financing from Alloy Development Co., facilitated by Largo Capital.
+Which regional projects are driving lodging demand near the property?
Demand is driven by Interstate 71 travel, Tanger Outlets Columbus, Intel’s Ohio One semiconductor manufacturing project in New Albany, and regional corporate, automotive, and logistics operations.
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