Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in the Holiday Inn Port Washington (collectively known as the “Property,” or “Hotel”), a limited-service hotel located in Port Washington, Wisconsin. The Holiday Inn Port Washington is a five-story, interior corridor, full service hotel. The Hotel is comprised of one, five-story building containing a front … Continue reading
We asked Chris Stark of Hotel Assets Group to provide a 2013 second quarter update on the firm and the hotel brokerage industry. Chris Stark joined Hotel AG in 2010 as Vice President. Chris has a diverse background in hotel franchise development, finance, and marketing. Chris entered in the hospitality industry as part of the franchise development team for Choice … Continue reading
ATLANTA – May 16, 2013 – Hotel AG announced today the firm continues its closing pace of 1 hotel transaction every 7 days. With the recent closings, the firm continues to see strong transaction volume in the hotel real estate sector. The transactions this year represent almost all hotel segments including full service and select service assets. The hotels have been … Continue reading
We asked Andy Broad of Hotel Assets Group to tell us what he is seeing in the debt markets. Andy recently joined Hotel Assets Group as Vice President after serving as SVP of Business Development for Alliance Hospitality, a third party hotel management company that serviced clients such as Inland Hospitality and Diamond Rock. Andrew Broad is a veteran of the … Continue reading
ATLANTA – May 13, 2013 – Hotel AG announced today the firm brokered the sale of the 132-room Radisson Hotel located in Huntsville, Alabama. The two-story, interior corridor property was sold on behalf of a local-based hospitality company to a California-based owner/operator. Tom Huegel, a senior partner with Hotel AG, remarked, “The sale of the Radisson Huntsville Airport completed a … Continue reading
ATLANTA – May 8, 2013 – Hotel AG announced today the firm has valued over 100 hotels since the first of January for lenders, CMBS servicers, banks and private hotel companies. The private side is very robust since transacting today allows for sellers to have the return “on” and the return “of” investment capital. Many are taking advantage of this … Continue reading
ATLANTA – May 6, 2013 – Hotel AG announced today the firm currently has 16 hotel portfolios on the market. The portfolios are sized from a few hotels to the majority ranging from 5 to 15 hotels. The brands represented include mostly Hilton, Marriott and IHG hotels ranging from $80 million to $150 million, with the largest portfolio just over … Continue reading
