Acquiring Company
Kalyan Hospitality
Acquired Company
Courthouse Landing Development
AlabamaFloridaHospitalityHotelReal EstateHospitalityDescription
Kalyan Hospitality has acquired a 4-acre site at Courthouse Landing for $1.1 million. The site will be developed into a four-story, 116-room Townplace Suites hotel. This acquisition marks a significant step in the Courthouse Landing project, which includes extensive retail and residential developments. Kalyan plans to manage the new hotel focused on extended-stay travelers.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Courthouse Landing Development?
Courthouse Landing Development was acquired by Kalyan Hospitality, based in Alabama. The deal was reported on September 1, 2026. Kalyan Hospitality is a hotel management and development firm based in Glen Allen. The company has a portfolio of more than 50 hotels that are either open or in development. Kalyan Hospitality is privately held and operates in Hospitality.
When did Kalyan Hospitality acquire Courthouse Landing Development?
Kalyan Hospitality's acquisition of Courthouse Landing Development was reported on September 1, 2026. Kalyan Hospitality has acquired a 4-acre site at Courthouse Landing for $1.1 million. The site will be developed into a four-story, 116-room Townplace Suites hotel. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Courthouse Landing Development do?
Courthouse Landing Development is a real estate development firm with projects in various sectors, including retail and hospitality. They are involved in significant developments in Chesterfield, aiming to enhance community infrastructure and amenities. It is privately held, operating in Real Estate, and is based in Florida.
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