Mumford Company completes sale of Dallas-area Tru by Hilton

Mumford Company, a full-service hospitality brokerage advisory firm, has completed the sale of the Tru by Hilton Rockwall Dallas in Rockwall, TX.

“It was our pleasure to have once again had the opportunity to represent McNeill family interests in the sale of the Tru by Hilton,” said David Mumford, senior principal, Mumford Company. “For more than 30 years, across many transactions as both sellers and buyers, we have enjoyed working with Mr. McNeill, his family, and investor groups to assist them in successfully accomplishing their hospitality investment objectives and look forward to more opportunities in the future.”

The 98-room Tru by Hilton Rockwall Dallas is near Lake Ray Hubbard and the Harbor District, as well as the Buffalo Creek Golf Club, Rockwall Indoor Sports Expo and Texas Presbyterian Hospital. The property was built in 2020 and features a fitness center, business center, free hot breakfast and a heated outdoor pool with patio seating.

“The purchasers were affiliates of an Alabama-based developer with multiple holdings in the Sun Belt states,” said Steve Kirby, managing principal, Mumford Company. “This was our fifth sale to the group. Repeat business is the best business.”