Avison Young Hospitality Group Announces Market Milestone
October 8, 2018 10:54am
ATLANTA – October 8, 2018 – The team that comprises the Avison Young Hospitality Group announced today that it has now closed more than 1,000 hotel transactions located in every region of the United States. The milestone was achieved by the recent closing of a Hilton/ Marriott hotel portfolio. The Avison Young team has now has closed 1,007 hotel transactions, totaling 138,150 guest rooms.
“Very few companies ever reach this market milestone, and we are fortunate to be a part of the Avison Young growth story,” said principal Keith Thompson. “We enjoy working with our many clients, and this milestone is a testament to the people within the hospitality group and the confidence and trust the market has for Avison Young.”
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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. Founded in 1978, the company comprises 2,600 real estate professionals in 84 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial, multi-family and hospitality properties.
Contact: Mike Rieman
Avison Young Hospitality Group is a national hotel practice group supported by 69 North American office locations and 2300 people. The firm currently has 182 hotels on the market totaling 2.7 billion in market value and for the past five years, the firm has been involved in one hotel transaction every five days. Avison Young Hospitality Group specializes in select service and full-service hotels within the U.S. and works with CMBS lenders, whole loan banks, REITs, public companies, investment funds and private investors. The hospitality group can be found at www.avisonyoung.com under the “services” tab.
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