Admiral acquires stake in Hilton Garden Inn Houston Energy Corridor

16th November 2011 (Last Updated November 16th, 2011 18:30)

The Admiral Capital Real Estate Fund has acquired a preferred equity interest in the Hilton Garden Inn Houston Energy Corridor in West Houston, Texas, US.

The Admiral Capital Real Estate Fund has acquired a preferred equity interest in the Hilton Garden Inn Houston Energy Corridor in West Houston, Texas, US.

The 190-room hotel will continue to be managed and partially owned by American Liberty Hospitality of Houston.

Hilton said the investment is Admiral’s first in the hotel sector and the third acquisition of the fund.

Hilton Garden Inn has more than 525 locations in 13 countries around the world.