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Lingerfelt Commonwealth Partners

A multistory hotel near the Chesapeake Bay in Virginia Beach
Jun 21, 2022

Lingerfelt sells Va. Beach hotel for $82M

Richmond-based commercial real estate investment firm Lingerfelt Commonwealth Partners LLC has sold the Delta Hotel by Marriott Virginia Beach Bayfront Suites for $82 million to New York-based Black Pearl Capital, Lingerfelt announced June 17. Lingerfelt Commonwealth Partners acquired the hotel in 2018 for $19 million and completed a $29 million renovation and rebranding. Located in […]

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