Avison Young Announces Recent Closings

/Avison Young Announces Recent Closings

Avison Young Announces Recent Closings

|2019-05-21T14:45:51-04:00May 21st, 2019|

ATLANTA – May 22, 2019 – Avison Young Hospitality Group announced the firm closed four hotel transactions over the past 4 weeks. The properties consist of a resort hotel in Lake Tahoe, a full-service hotel in Louisianan, an all suites hotel in the upper Midwest and a limited service hotel in Virginia Beach. The clients represented consists investment funds, a CMBS servicer and a brand franchisor.

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.

About Avison Young Hospitality Group

Avison Young Hospitality Group currently has 174 hotels on the market totaling $2.6 billion in market value, and for the past six years, the firm has closed or advised on 389 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.

Contact: Keith Thompson


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