Hotel Assets Group Announces 24 New Hotel Engagements in the Last Six Weeks
ATLANTA ? April 15, 2013?? Hotel AG announced today the firm has been engaged on 24 new hotel real estate offerings ranging from bank/CMBS hotels to upscale, full service assets and portfolios. The 24 hotels cover most brand families and service levels.? The majority of the 24 engagements will be live on the market over the next few weeks. Several of the assets are upper upscale, full service hotels located in the top 25 MSAs, with several of those located in international gateway cities.
[quote]Keith Thompson, principal of the firm, remarked, ?There are times and there are moments in every business and economic cycle. We believe that 2013 is that moment for accretive hotel investing.? [/quote]
[box type=”tick”]About Hotel AG
Hotel AG is a national hotel brokerage firm headquartered in Atlanta, Georgia. The firm has closed 1 hotel transaction every 7 days for the past 30 months and 76 hotels within the last 12 months. Today the firm has almost 300 hotels on the market with a large percentage of the 300 under sale agreement. The firm 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. The firm has 15 national brokers and 19 partners.[/box]