Avison Young Hospitality Group Recent Closings
February 11, 2019 12:02pm
ATLANTA – February 11, 2019 – Avison Young Hospitality Group announced today the closing of four transactions since the first of the year. The properties include a full-service Marriott in south Florida that sold for $49 million, a Marriott branded hotel in Bossier City LA, a historic hotel on the water in Rhode Island and a mid-market hotel in the southeast.
Since 2013, the Avison Young Hospitality Group has now closed 103 Marriott branded hotels, 71 Hilton branded assets, 49 IHG branded assets and 146 other braded hotels.
Tags: avison young,
avison young hospitality group,
avison young capital markets,
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 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: H. Keith Thompson
Avison Young Hospitality Group currently has 182 hotels on the market totaling $2.6 billion in market value, and for the past six years, the firm has closed or advised on 369 hotel transactions. 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.
Justin R. Piasecki, a Principal in Avison Young’s New York City office, leads Avison Young Capital Markets Group. They specialize in hotel Debt, Joint Venture and Structured Capital Groups. Avison Young Capital Markets Group focuses on raising hotel Debt, Equity, Mezzanine Financing and Preferred Equity for Real Estate Developers/Investors across the United States, Canada, Caribbean, and Europe. The Avison Young Team also handles the sale of Performing/Non-Performing Loans for Banks, Funds and Family Offices as well as raising Lines of Credit for Bridge Lenders across the United States.
Many Hotel Sellers Won Big in 2018
Market Snapshot: Asia Pacific 2018
Paramount Lodging Advisors Successfully Completes Another Texas Transaction with the Sale of the Courtyard by Marriott in Beaumont, TX
Avison Young Hospitality Group Discusses Recent Contracts
Avison Young Hospitality Group Debt, Equity and Structured Finance Team Announces Closings
Avison Young Hospitality Group Announces Market Milestone
Q2 U.S. Lodging Market Update
Avison Young Hospitality Group Expects Strong Transaction Market in 2018
Hotel Capital Acquires The Tremont Chicago Hotel at Magnificent Mile and Mike Ditka’s Restaurant
U.S. Hotel Deal Pace Going Strong
Avison Young Hospitality Group Discusses 2018 Hospitality Market Trends
AccorHotels Acquires Mövenpick Hotels & Resorts for U.S. $567 Million
Avison Young Hospitality Group Releases Timely Video Discussing Q2 Hospitality Trends
Avison Young Hospitality Group First Quarter Review
Maxim Hotel Brokerage Announces Several California, Nevada, Arizona and Portfolio Hotel Closings
Australia Gives Go Ahead for AccorHotels Acquisition of Mantra Group
Hotel Transactions in India: What Will Move the Needle?
Avison Young Hospitality Group Announces January 2018 Closings
Hotel Sales Volume Declines, Average Price Per Room Increases Moderately
Authenticity Confronts Branding: Non-Branded Hotel Properties Offer Great Opportunity to Those Who Understand the Market
Please login or register to post a comment.