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By the mid-80’s, the firm had grown to be one of the largest owners of real estate throughout New England with more than 12 million square feet under management. |
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Jim orchestrated the purchase of Sterling Hospitality and its portfolio of small hotels and inns. |
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The company also acquired its first hotel flying a major national brand – the Comfort Inn at T.F. Green Airport in Warwick, RI. Jim capitalized on the investment by doubling the size of the hotel to 200 rooms. Later that year the hotel earned national recognition as the ‘Best Comfort Inn in America’. The company still owns this property today. |
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The company acquired several more hotels during this period. |