Legendary Capital, a leading hotel asset management firm, recently announced the successful sale of the Hilton Garden Inn Charlotte North in Charlotte, NC and the Hilton Garden Inn Pineville in Pineville, NC. The 112-room properties, originally acquired in 2022, were sold as a portfolio to a regional hospitality group with other holdings in the greater Charlotte area. The transaction closed on May 15, 2025.
Built in 1999 and 2000, the Hilton Garden Inns have served as reliable lodging destinations for both business and leisure travelers. This sale reflects continued investor interest in the Charlotte metro area, which remains a growing hospitality market.
Charlotte and Pineville offer a strong economic backdrop fueled by corporate growth, healthcare, finance, and logistics industries. The area’s ongoing expansion, favorable business climate, and regional airport access make it a strategic location for hotel investment.
“These assets have performed well for us over the past few years, and the sale aligns with our broader portfolio strategy to recycle capital and pursue new opportunities” said Alec Worwa, Senior Vice President at Legendary Capital. “We’re pleased to have completed this transaction with a strong regional buyer and remain confident in the long-term fundamentals of the Charlotte market.”
About Legendary Capital
Headquartered in Fargo, North Dakota, Legendary Capital aims to be an industry leader in the hospitality sector. Through its affiliated entities, Legendary Capital has acquired more than 30 hotels in its portfolio, primarily targeting 80-to-200 room limited-service, select-service, full-service and extended-stay hotels in America’s heartland.
