News for the Hospitality Executive |
Hotel AG Brokers Sale of Four Points in Saginaw, Michigan
ATLANTA
– May 1, 2011 – Hotel Assets Group, LLC (Hotel AG), announced
today they closed
the 142-room Four Points in Saginaw, Michigan on behalf of LNR
Partners,
Inc. The property sold to Lodgco Management for an undisclosed
amount. “The buyer owns select service hotels in the market and wanted to add a premiere full-service hotel to their portfolio,” stated Scott Foster, vice president of the firm. The Four Points is located off Tittabawassee Road on Towne Centre Road, a short drive from Interstate 675. About Hotel AG Headquartered in Atlanta, Georgia with 16 national offices, Hotel AG is a specialized brokerage firm offering hotel-specific real estate and investment banking within the United States. The company conducts business with REITs, public and private companies, institutional clients and individual owner operators. Today Hotel AG has 134 hotels on the market in 35 states valued at 1 billion. Hotel AG can be found online at www.hotelassetsgroup.com. |
Contact:
H. Keith Thompson |