Six Hotel Transactions Closed by Hotel AG in Last 18 Days

  • Hotel AG
  • 11.20.13
In the past 18 days, Hotel AG has closed six hotel transactions.

The hotels sold consist of an Austin, Texas, Hampton Inn & Suites located at the Austin International Airport; a two-property Hilton portfolio including a Hilton Garden Inn and a Hampton Inn & Suites; a hotel for Wells Fargo located in northern Florida; a hotel in New England for a CMBS special servicer; and an independent hotel for Ameris Bank located in the Southeast. Hotel AG partners involved in the transactions were Wendy Blissett, Michael Bernath, Andy Broad, Scott Foster, Tom Huegel, Bill Bowen and Rex Cagle.

In addition to the recent transactions, the firm is scheduled to close two portfolios over the next 14 days that consist of a Hilton/Marriott branded portfolio and another nationally branded portfolio, both of which are located in the Northeast U.S.

Brad Sinclair, partner of the firm, said, "These six recent sales were transacted with CMBS servicers, banks and private investment groups and continue to show the pace of this current hotel real estate market cycle."

want to read more articles like this?

want to read more articles like this?

Sign up to receive our twice-a-month Watercooler and Siegel Sez Newsletters and never miss another article or news story.