McKibbon Equities has closed on the purchase of Courtyard by Marriott Atlanta Buford Mall of Georgia, located northwest of Atlanta. The investment represents the second acquisition completed by McKibbon Income Fund I, a Tampa-based real estate investment fund focused on acquiring existing select-service and extended-stay hotels. It made its first acquisition in August 2023, with
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It started in 1926, when John “Jack” McKibbon Sr. and his brother, Marvin McKibbon, had the idea to open a grocery store in Gainesville, Georgia, and opened a Piggly Wiggly franchise. That entrepreneurial mindset led to other businesses under the McKibbon name, eventually evolving into a hospitality company with Holiday Inn franchises, in Georgia. McKibbon
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Family-owned-and-operated hospitality firm, McKibbon, has entered the hotel acquisition space, closing on the purchase of the Hampton Inn & Suites Clearwater/St.Petersburg-Ulmerton Road, today. The 128-key property was purchased as the initial portfolio investment for McKibbon Income Fund I, an income-focused hotel investment fund developed to acquire existing, select-service and extended-stay assets in markets throughout the
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