Lodging Dynamics Hospitality Group is buying a hotel in Nebraska out of its first equity fund.

The hotel is a 102-room Staybridge Suites in Omaha, Neb. The company already operates a TownePlace Suites and West Omaha and is working on constructing a Hampton Inn in the same market.

Lodging Dynamics is a full-service hotel property management company headquartered in Provo, Utah.

The company made the acquisition through an affiliated equity fund called LD Hotel Group I LLC, which is in the process of raising $60 million to fund future acquisitions. The fund will acquire U.S. Mariott’s, Hyatt’s, Hilton’s and other branded properties.

Paramount Lodging Advisors is Lodging Dynamics on the deal. 

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