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Hotel A.G., a Hotel Brokerage Company Sells the
Courtyard by Marriott hotel Somerset, New Jersey

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Atlanta, GA December 17, 2007 � Hotel Assets Group, LLC known as �Hotel A.G.� announces today that it has closed the transaction for the 162 room Courtyard by Marriott hotel located in Somerset, New Jersey. Hotel AG has seven alliance offices located in South Florida, Baltimore, Washington, Memphis, Louisville, Los Angeles and the greater Boston region.

The seller was Newport Hospitality Group headquartered in Williamsburg Virginia and the buyer was Apple REIT headquartered in Richmond Virginia. The property will continue to be managed by Newport Hospitality on a going forward basis. Newport Hospitality currently manages 28 hotels located along eastern seaboard states and is widely respected within the Lodging industry. 


H. Keith Thompson

Brad Sinclair
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�The property sale represented a very timely transaction for both the buyer and the seller. The Courtyard is a very well located and very desirable hotel� said H. Keith Thompson.

Hotel A.G. is a specialized hotel brokerage firm with a market specialty in Select Service hotels with a per property market value under $25,000,000. Hotel A.G. is headed by long time industry professional H. Keith Thompson and primarily focuses on upscale Select Service hotels such as this Courtyard. Hotel A.G. is not focused on geographic location, status, price or brand, rather Hotel A.G. is client driven and client specific. Hotel A.G. is currently marketing many similar hotel assets that can be found on the following website.

For more information on Hotel A.G. please log onto www.hotelassetsgroup.com.

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Contact:

H. Keith Thompson
Hotel A.G. / Hotel Assets Group. LLC
Office: (770) 692- 1605
Fax: (770) 692-1608
Email: [email protected]
www.hotelassetsgroup.com
 

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Also See: Real Estate Veteran Establishes Atlanta Based Hotel Assets Group, LLC; Company set to focus in Hotel Brokerage, Hotel Ownership and Hotel Investment Banking services / September 2007
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