Miami, FL – July 1, 2026 — Kabani Hotel Group, a premier hospitality brokerage firm, announced the successful sale of the 194-room, dual-branded Clarion & Comfort Inn Fredericksburg Convention Center for $9,000,000 ($46,392 per key). The property had been closed and was mid-renovation when it came to market.
The deal was spearheaded by Suraj Dalal, Elijah Laguna, and Ahmed Kabani, and moved through an open marketing process that drew multiple Letters of Intent within weeks. Elijah Laguna identified and secured the winning buyer, who stood out by putting down non-refundable earnest money on day one and plans to complete the remaining renovation and reposition the property under a new Choice Hotels brand.
Situated on approximately 8 acres with direct I-95 visibility, the hotel sits between Washington, D.C. and Richmond, VA — one of the Mid-Atlantic’s most heavily traveled corridors.
A Deal That Required More Than a Buyer
With the seller out of state and a partially completed renovation in progress, Kabani Hotel Group stayed involved well past sourcing the buyer , assisting with due diligence, coordinating between contractors and franchise representatives, and overseeing the transaction through closing.
“Transactions involving partially completed renovations require a significant amount of coordination beyond a traditional hotel sale,” said Suraj Dalal, Partner at Kabani Hotel Group. “With the seller located out of state, our team worked closely with both parties to identify what work had been completed, determine what remained, and stay hands-on through closing.”
“With the property closed and the renovation only partially completed, it was important to find a buyer who could see beyond the current condition and understand the long-term opportunity,” said Elijah Laguna of Kabani Hotel Group. “Once we identified the right buyer, our focus shifted to working through the open questions and keeping the transaction moving toward closing.”
“This transaction presented unique challenges that extended well beyond negotiating price,” said Ahmed Kabani, CEO & Founder of Kabani Hotel Group. “Successfully closing a partially renovated, closed hotel required constant communication between the buyer, seller, contractors, franchise representatives, and legal teams. By staying hands-on throughout, we helped both sides navigate the complexities and reach a successful closing.”
As hospitality investment activity continues across the Mid-Atlantic, well-located assets with value-add potential remain in strong demand. Kabani Hotel Group continues to leverage its market expertise and buyer network to execute both marketed and off-market hotel transactions nationwide.
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About Kabani Hotel Group, Inc. Kabani Hotel Group, Inc., based in Miami, FL, is a premier brokerage firm specializing in hotel sales, offering comprehensive market research, consulting, and advisory services. With approximately $2 billion in hospitality transaction volume closed over the past 17 years, Kabani Hotel Group continues to set industry standards for excellence and client-focused results. For more information, visit www.KabaniHotelGroup.com or contact Ahmed Kabani at (305) 807-8080.