Avison Young Announces Recent Closings

/Avison Young Announces Recent Closings

Avison Young Announces Recent Closings

|2019-06-04T10:10:19-04:00May 30th, 2019|

ATLANTA – May 30, 2019 – Avison Young Hospitality Group announced that with several closings over the last three weeks the firm has closed one hotel a week since January 2019 totaling $355,000,000 year to date in asset value. Additionally the firm has $401,000,000 under sale agreement with closings scheduled over the summer.

Since 2013, the Avison Young Hospitality Group has closed 106 Marriott branded hotels, 72 Hilton branded assets, 50 IHG branded assets and 163 historic, upscale boutique, resort and other branded hotels.

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.

Contact: Avison Young

keith.thompson@avisonyoung.com/770.692.1605

About Avison Young Hospitality Group

Avison Young Hospitality Group currently has 188 hotels on the market totaling $2.6 billion in market value, and for the past six years, the firm has closed or advised on 391 hotel transactions. Avison 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.

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