News for the Hospitality Executive |
Hotel AG Engaged to Sell Five Hotel Portfolios
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ATLANTA � September 6, 2010 � Hotel Assets Group, LLC (Hotel
AG), announced today that the firm has recently been engaged to sell five
hotel portfolios located in various regions throughout the U.S. The
portfolios range in size from four to 30 hotels with values from $60 to
$325 million. The portfolios are located in the North Central, Southeast
and Midwest markets.
�Some of the portfolios are bank-owned assets like the seven-property, east coast, ocean front listing the firm has been engaged to sell on behalf of a CMBS Servicer,� remarked Keith Thompson, principal of Hotel AG. �We have a notable track record of success that will allow us to accomplish our goal of selling these portfolios for our clients.� The five portfolios are expected to go to market this month. About Hotel AG
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Contact:
H. Keith Thompson
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