ATLANTA – March 4, 2019 – Avison Young Hospitality Group announced today the firm closed a two-property portfolio in San Francisco last Friday. The details of the two transactions are confidential in nature, but each transaction was accretive to both the buyer and the seller. The transactions were handled by Chelsea Wang, a hotel broker in the Avison Young San Francisco office.
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: Keith Thompson
About Avison Young Hospitality Group
Avison Young Hospitality Group currently has 194 hotels on the market totaling $2.7 billion in market value, and for the past six years, the firm has closed or advised on 371 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.
About the Avison Young Capital Markets Group
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.