Roch Capital Acquires Oceanfront Hotel in Jacksonville Beach, FL

Glen Mills, PA – July 13, 2015

Roch Capital, a real estate and private equity firm out of Glen Mills, PA, announces the acquisition of a 177-room Hampton Inn Hotel located on the ocean in Jacksonville Beach, FL.

Hampton Inn Jacksonville Beach/Oceanfront is a 7-story hotel on 350 feet of direct Atlantic Ocean frontage. The hotel contains 177 rooms, including 15 suites, 6500 square feet of meeting/event space, a 120 foot heated lagoon style pool with 4 waterfalls, and the Tiki Bar, a popular ocean front restaurant/bar. Each room and suite has a balcony with ocean views.

“We’re excited about this hotel” said Vincent Abessinio, Co-President Roch Capital. “We believe Jacksonville Beach will be a steadily improving market with long-term sustainability and the Hampton Inn is well positioned in it.”

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About Roch Capital
Roch Capital Inc. is one of the region's fastest growing Real Estate Investment companies. Roch invests in diversified real estate opportunities including hospitality, office, retail, industrial, multifamily, student housing, and mixed-use.

For more information on Roch Capital, please visit www.rochcap.com

CONTACT: Carl Kruelle // Roch Capital // Carl_Kruelle@rochcap.com // 484.840.2709