Hall Equities Group, headquartered in Walnut Creek, CA, is pleased to announce it has acquired the 396-room, 10-year-old Emerald Suites Extended Stay Hotel in Las Vegas, NV. The hospitality asset was sold by Bank of America who foreclosed on it in July 2011.

Located on the famous Las Vegas Strip, just four miles south of the Mandalay Bay Resort and Casino, Emerald Suites Las Vegas is just minutes from Town Square, Las Vegas Outlet Center and every major resort property on the Vegas Strip. McCarran International Airport, the gateway to Vegas, is only a short shuttle ride away.

Currently 93% leased, the 3-story extended stay hotel features spacious one- and two-bedroom fully-furnished suites to accommodate the high-demand for longer-term value-conscious vacationers and/or business clientele interested in daily, weekly and monthly rentals. Each apartment-sized suite includes a kitchen, full-size refrigerator, stove, oven and dishwasher.
Other amenities include:
• Free high-speed internet access
• Premium channel, flat-screen tvs
• In-room safe
• On-site laundry facility
• Dishes and silverware
• Fresh linens and daily housekeeping services
• Pool and fitness center a full-complement of modern weights and machines

Emerald Suites-Las Vegas is the third hospitality property owned and/or operated by Hall Equities Group. The firm designed, constructed and operated the Holiday Inn Express-Turlock and Fairfield Inn & Suites-Turlock before selling both in 2011.

Hall Equities Group is a private, full-service real estate investment, development and property management company, active in nine states. The firm represents the interests of select, private investors and company-sponsored group investment entities. An IREM Accredited Management Organization (AMO), the firm’s management base of 7+ million square feet consists of office, retail, multi-family, hospitality, industrial and self-storage facilities.