ATLANTA – June 23, 2015 – Hotel AG announced today the firm has closed 12 hotel transactions to date in the month of June. The transactions included a Staybridge Suites in Louisville, KY; Hilton Garden Inn located in New Orleans LA; Hampton Inn & Suites located in New Smyrna Beach, FL; Country Inn located in the Midwest; Hampton Inn & Suites in the Midwest and 7 Holiday Inn Express hotels located throughout the central U.S. Hotel AG partners involved in the transactions were Brad Sinclair, Chris Stark, Tom Huegel and Michael Bernath.
Keith Thompson, principal of Hotel AG, stated, “these recent closings that Brad, Chris, Tom and Michael handled were good examples of what is trading today. All these hotels were newer assets with existing cash flow and all were acquired for accretive value and yield returns.”
