ATLANTA –October 9, 2019 – Avison Young Hospitality Group announced that the firm recently closed several hotel transactions. A full-service hotel in Memphis, a Hyatt Place in Augusta GA and a Marriott hotel in Lancaster PA. The firm has 35 other transactions totaling 622 million dollars under sale agreement with expected closings throughout the 4th quarter 2019.
About Avison Young
Avison Young is the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its Principals. The company, founded in 1978, comprises approximately 5,000 real estate professionals in 120 offices in 20 countries. The firm’s experts provide value-added, client-centric investment sales, leasing, advisory, management and financing services to clients across the office, retail, industrial, and multi-family and hospitality sectors.
About Avison Young Hospitality Group
Avison Young Hospitality Group currently has 144 hotels on the market totaling $1.9 billion in market value. Young Hospitality Group 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. Visit Avison Young’s hospitality group online at www.avisonyoung.com under the “services” tab.
Contact: Keith Thompson