Close

Cart

Total $0.00

Checkout

ATLANTA – September 1, 2015 – Hotel AG announced today the firm’s recent sales transactions.  Hotel AG has been involved in 225 hotel sale transactions since January 2013 totaling $2.3 billion in market value. Over that period, the firm has averaged closing 1 hotel transaction every 4 days. Recently, the firm closed a large portfolio transaction in the Midwest, a pure Marriott portfolio in Florida along with a double handful of single asset transactions across the country.   All of these transactions were sold on behalf of institutional clients. 

Currently, the firm has 196 hotels on the market of which $402 million of market value is presently under sale agreement and expecting to close in Fall 2015.  

Brad Sinclair, co-president of the firm, commented, “these recent closings speak to the strength of this market cycle and the fact that buyers and lenders are searching for placement of debt and equity before the market changes.”  Andy Broad, also a co-president, added, “the firm has been engaged on many new recent assignments that point to concern in the equities markets and the growing realization that this cycle is changing.”

About Hotel AG

Hotel AG is a national hotel brokerage firm with primary offices in Atlanta, New York, Chicago and Los Angeles. The firm has been involved in 1 hotel transaction every 4 days since January 2013, Hotel AG has 196 hotels on the market with a market cap value of $2.6 billion. The firm specializes in select service and full service hotels within the US and works with CMBS lenders, whole loan banks, REITs, public companies, investment funds and private investors. The firm has 17 national brokers and 21 partners and can be found online at www.hotelassetsgroup.com.

Contact: Wendy Blissett

WBlissett@HotelAssetsGroup.com / 678.596.9669

Related News

Avison Young Hospitality Group Releases Timely Video Discussing Q2 Hospitality Trends

Avison Young Hospitality Group First Quarter Review

Maxim Hotel Brokerage Announces Several California, Nevada, Arizona and Portfolio Hotel Closings

Australia Gives Go Ahead for AccorHotels Acquisition of Mantra Group

Hotel Transactions in India: What Will Move the Needle?

Avison Young Hospitality Group Announces January 2018 Closings

Hotel Sales Volume Declines, Average Price Per Room Increases Moderately

Authenticity Confronts Branding: Non-Branded Hotel Properties Offer Great Opportunity to Those Who Understand the Market

RLH Corporation Executes Five Hotel Purchase and Sale Agreements

Avison Young Hospitality Group Has Another Strong Year in 2017

Rockbridge, in a Joint Venture with Musselman Hotels Management, Acquires Kentucky's Seelbach Hilton Hotel

Sonnenblick-Eichner Company Arranges $16,750,000 of First Mortgage Acquisition Financing for the Normandy Hotel, Washington, D.C.

Avison Young Hospitality Group Announces Closings

Paramount Lodging Advisors Sells 12th Consecutive Property in the Indiana Market

Avison Young Hospitality Group Announces July Closings

Avison Young Hospitality Group Announces Nine Closings in June

Sale of Sheraton Metairie - New Orleans Hotel Facilitated by The Plasencia Group

Avison Young Hospitality Group Announces Recent Closings

Avison Young Hospitality Group Announces Recent Closings

Avison Young Hospitality Group Spotlights Victor Kalyanji and Wendy Blissett

All News »

Please login or register to post a comment.