Hotel AG Closes 11 Hotel Transactions In The Past Eight Weeks

  • Hotel AG
  • 01.11.11
Hotel Assets Group, LLC (Hotel AG), announced that the firm closed 11 separate hotel transactions over the past eight weeks.

The hotels included upscale, select-service, mid-market select-service, full-service and foreclosed assets located along the eastern seaboard, South Central and the Southeast United States.  The 11 transactions consist of three well-located Hilton select-service hotels that sold to two separate REITs, two independent hotels, three bank foreclosures for Wells Fargo, two foreclosed hotels for US Bank and one foreclosure for Midland Loan Services. 

“These 11 transactions continue to signal a strong rebound to the US hotel transaction market,” said H. Keith Thompson, principal of Hotel AG.

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