Avison Young Transactions, March 2020
ATLANTA – March 31, 2020 – Avison Young Hospitality Group announced the firm closed two hotel transactions in Pennsylvania and Illinois last week. One property was a select service hotel in Allentown PA and the other was a Springhill Suites in Illinois. Pricing for both hotels represented the new normal during the coronavirus situation.
About Avison Young Hospitality Group
Avison Young Hospitality Group currently has 156 hotels on the market totaling $2.4 billion in market value. 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.
Contact: Keith Thompson