The Siegel Group

The Siegel Group Acquires Downtown Las Vegas Trophy Property

Retrieved on: 
Monday, February 26, 2024

The Siegel Group, a real estate investment and management company, announced today that it had acquired 517, 523 and 525 Fremont Street and 100 S. 6th Street in downtown Las Vegas.

Key Points: 
  • The Siegel Group, a real estate investment and management company, announced today that it had acquired 517, 523 and 525 Fremont Street and 100 S. 6th Street in downtown Las Vegas.
  • The Siegel Group has actively supported and invested in downtown Las Vegas since 2004.
  • Stephen Siegel, President of The Siegel Group, stated, “We are excited that we were able to acquire this trophy generational asset in such a historical area.
  • This is one of the most unique areas in all of Las Vegas and opportunities to acquire properties in this one-of-a-kind location are extremely rare.

The Siegel Group Expands Florida Footprint Into Orlando With Its Siegel Select® Extended-Stay Brand

Retrieved on: 
Monday, October 23, 2023

The Siegel Group, a real estate investment and management company, announced today that it had acquired the former Sunstyle Suites Inn located in Orlando, Florida.

Key Points: 
  • The Siegel Group, a real estate investment and management company, announced today that it had acquired the former Sunstyle Suites Inn located in Orlando, Florida.
  • This acquisition increases the number of Siegel Select® ( www.siegelselect.com ) and Siegel Suites® ( www.siegelsuites.com ) properties throughout the United States to 62 and marks the second location that the brand has acquired in the Florida market within the last six months.
  • Additionally, the exterior of the property will be painted along with other cosmetic upgrades including lighting, branding and signage that are characteristic of the Siegel Select brand.
  • Michael Crandall, CBO of The Siegel Group, stated: “We are excited to add this asset to our portfolio and further expand our Siegel Select Extended-Stay brand.

The Siegel Group Enters Florida With Its Siegel Select® Extended-Stay Brand

Retrieved on: 
Monday, May 1, 2023

The Siegel Group, a real estate investment and management company, announced today that it had acquired the former Stay Suites of America located in Orange Park, Florida.

Key Points: 
  • The Siegel Group, a real estate investment and management company, announced today that it had acquired the former Stay Suites of America located in Orange Park, Florida.
  • This acquisition increases the number of Siegel Suites® ( www.siegelsuites.com ) and Siegel Select® ( www.siegelselect.com ) properties throughout the United States to 61 and marks the brand’s first location in the Florida market.
  • Additionally, the exterior of the property will be painted along with other cosmetic upgrades, including branding and signage that are characteristic of the Siegel Select brand.
  • Chigozie Amadi, Chief Financial Officer of The Siegel Group stated: “We have been looking for the right opportunity to enter the Florida market and are excited to introduce our Siegel Select brand to Orange Park.

The Siegel Group Expands Siegel Select® Extended-Stay Brand With Portfolio Acquistion

Retrieved on: 
Monday, June 13, 2022

Built between 1995-2002, the five-property portfolio is comprised of a mix of 562 studio and one-bedroom units all containing kitchenettes.

Key Points: 
  • Built between 1995-2002, the five-property portfolio is comprised of a mix of 562 studio and one-bedroom units all containing kitchenettes.
  • The Siegel Group will be operating each property under its successful Siegel Select brand which provides the option of either short-term daily stays or longer term extended-stay accommodations.
  • These newest locations, which are in good condition with minimal deferred maintenance issues, will be renamed Siegel Select Chattanooga, Siegel Select Chattanooga 2, Siegel Select Cleveland, Siegel Select Knoxville, and Siegel Select Atlanta/Acworth.
  • Michael Crandall, Senior Vice President of The Siegel Group, stated: We have added 8 new Siegel Select locations to our portfolio in the last 60 days.

The Siegel Group Continues Expansion of Its Siegel Select Extended-Stay Brand With Three-Property Acquisition

Retrieved on: 
Wednesday, May 18, 2022

With these acquisitions, The Siegel Group expands its Siegel Select brand into the new markets of Oklahoma City, Houston and San Antonio and increases the total number of Siegel Suites ( www.siegelsuites.com ) and Siegel Select ( www.siegelselect.com ) properties throughout the United States to 59.

Key Points: 
  • With these acquisitions, The Siegel Group expands its Siegel Select brand into the new markets of Oklahoma City, Houston and San Antonio and increases the total number of Siegel Suites ( www.siegelsuites.com ) and Siegel Select ( www.siegelselect.com ) properties throughout the United States to 59.
  • These newest locations will be renamed Siegel Select Oklahoma City, Siegel Select Houston and Siegel Select San Antonio.
  • Michael Crandall, Senior Vice President of The Siegel Group, stated: We are excited to continue the growth of our Siegel Select brand throughout the country with the addition of these three locations.
  • We now have a total of five Siegel Suites and Siegel Select locations in the state of Texas, with plans to continue our expansion in that market.

The Siegel Group Completes Sale of Four Extended-Stay Properties

Retrieved on: 
Monday, April 11, 2022

Each property was operated under the companys successful Siegel Suites brand of flexible-stay communities which has locations throughout the United States.

Key Points: 
  • Each property was operated under the companys successful Siegel Suites brand of flexible-stay communities which has locations throughout the United States.
  • Stephen Siegel, President of The Siegel Group stated: We rarely sell properties but the offers we received were extremely appealing and made the decision easy.
  • The Siegel Group is actively looking to acquire value-added properties in all asset classes throughout the United States and can move quickly and close transactions without any financing contingencies.
  • For more information on The Siegel Group and its affiliates, visit the Companys website at www.siegelcompanies.com .

The Siegel Group Acquires Trophy Property on the Las Vegas Strip

Retrieved on: 
Thursday, April 7, 2022

The Siegel Group, a real estate investment and management company, announced today that it had acquired three parcels totaling approximately 10 acres on Las Vegas Boulevard.

Key Points: 
  • The Siegel Group, a real estate investment and management company, announced today that it had acquired three parcels totaling approximately 10 acres on Las Vegas Boulevard.
  • Situated along Las Vegas Boulevard and Convention Center Drive, the three parcels are sandwiched in between some of the largest and well know developments on the Las Vegas Strip.
  • Stephen Siegel, President of The Siegel Group stated, Weve been waiting years to acquire a large piece of land on the strip and have been watching this site for a long time.
  • This is a phenomenal property that will one day soon have a development worthy of such an irreplaceable location on the Las Vegas Strip.

The Siegel Group Completes Sale of Artisan Hotel Boutique

Retrieved on: 
Friday, March 25, 2022

The Siegel Group Nevada, Inc., a Commercial Real Estate & Development Company, announced today that it had completed the sale of the Artisan Hotel Boutique; a 64-room boutique hotel located in Las Vegas, Nevada.

Key Points: 
  • The Siegel Group Nevada, Inc., a Commercial Real Estate & Development Company, announced today that it had completed the sale of the Artisan Hotel Boutique; a 64-room boutique hotel located in Las Vegas, Nevada.
  • The Siegel Group is proud to be one of the first companies to have brought boutique hotels to Las Vegas starting in 2007.
  • As a long-time leader in off-strip, boutique hotel properties, The Siegel Group not only brought this unique style to Las Vegas with the Artisan Hotel Boutique, but also with The Gold Spike Hotel & Casino, Oasis at Gold Spike, The Resort on Mount Charleston, and Rumor Boutique Hotel, all of which were sold in recent years.
  • The Siegel Group acquired the Artisan in 2009 and quickly renovated, rebranded, and repositioned the property, transforming the location into one of the most well-known and visited boutique hotels in Las Vegas.

The Siegel Group Brings Siegel Select® Extended-stay Brand to New Orleans

Retrieved on: 
Friday, August 20, 2021

The property, which is conveniently located off Interstate 10 will be renamed Siegel Select New Orleans.

Key Points: 
  • The property, which is conveniently located off Interstate 10 will be renamed Siegel Select New Orleans.
  • The Siegel Group will be making a number of improvements which include adding new furniture and appliance packages to all rooms.
  • Chigozie Amadi, Chief Financial Officer of The Siegel Group stated: We are excited to finally bring our Siegel brand to New Orleans.
  • This acquisition presented the perfect opportunity for us to introduce our Siegel Select brand to this iconic city.

The Siegel Group Continues Expansion of Siegel Suites® Brand in Texas

Retrieved on: 
Monday, May 3, 2021

b'The Siegel Group Nevada, Inc., a real estate investment and management company, announced today that it had acquired the former Amerihome Inn & Suites located in Houston, Texas.

Key Points: 
  • b'The Siegel Group Nevada, Inc., a real estate investment and management company, announced today that it had acquired the former Amerihome Inn & Suites located in Houston, Texas.
  • This acquisition increases the number of Siegel Suites\xc2\xae ( www.siegelsuites.com ) and Siegel Select\xc2\xae ( www.siegelselect.com ) properties throughout the United States to 60 and marks the brand\xe2\x80\x99s third location in the Texas market.
  • The property, which will be renamed Siegel Suites Houston, is conveniently located off Interstate 45.
  • For more information on The Siegel Group and its affiliates, visit the Company\xe2\x80\x99s website at www.siegelcompanies.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210503005263/en/\n'