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Maxim Hotel Brokerage, Inc. Arranges the Sale of the
120-room Hilton Garden Inn Rancho Mirage, CA 

 
NEWPORT BEACH, CA:  October. 2004 – Maxim Hotel Brokerage, Inc. has confirmed the sale of the 120-room Hilton Garden Inn in Rancho Mirage, California.  The team of Jack Carr, Harry Pflueger and Chris Chiotis of Maxim Hotel Brokerage’s Newport Beach, CA office completed the transaction.

Built in 2002 and continuing to ramp up in performance, the Hilton Garden Inn is a two-story, 120 room hotel located just steps from the deserts preeminent retail and entertainment venue, The River.  The hotel is centrally located and easily accessible to leisure demand generators in the Coachella Valley, including over 100 golf courses, Indian gaming and upscale shopping areas (El Paseo – the “Rodeo Drive of the Desert” and Westfield Shopping Mall).  The buyer was American Property Management Corporation based in San Diego and the seller was an Oregon based private hotel company.

About Maxim Hotel Brokerage, Inc – Newport Beach-based Maxim Hotel Brokerage is a real estate brokerage firm dedicated exclusively to the hospitality industry with an emphasis in the Western Regional US hotel market and Las Vegas gaming market. The Newport Beach-based firm was founded in 2002 by Harry Pflueger and Jack Carr, former Senior Managing Directors of Insignia Hotel Partners. The boutique brokerage firm is expanding on their 30 years of hospitality experience, their track record of $500,000,000 in successful hotel sales and their reputation as experienced and creative dealmakers.

 

 
Contact:
Jack Carr
949.759.8741
email: jack@maxim-hb.com
http://www.maxim-hb.com/
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Also See: Maxim Hotel Brokerage and BCL Hospitality Advisors, LLC Structure the 711-room Hotel San Remo Casino and Resort – Las Vegas, NV and Hooters Joint Venture / September 2004
Maxim Hotel Brokerage, Inc. Arranges the Sale of the 128-room Hampton Inn – Las Vegas (Summerlin), NV / July 2004
Maxim Hotel Brokerage, Inc. Completes Three Deals in the 3rd Quarter / September 2003


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