Hotel AG Announces Recent Hotel Real Estate Closings
ATLANTA – July 23, 2012 – Hotel AG announced today that the firm recently closed 2 hotel transactions. The transactions included a 149-room Hilton Garden Inn and a 252-room full-service hotel. The firm represented Midland Loan Services as the seller for the Hilton Garden Inn located in Boca Raton, Florida with Apple REIT 10 as the buyer. The full-service hotel was located in an eastern seaboard state and was sold on behalf of a global hotel company. Hotel AG brokers involved in the transactions included Brad Sinclair, Wendy Blissett and H. Keith Thompson.
"Both of these transactions continue to underscore a vibrant hotel real estate market,'' said Keith Thompson, principal of Hotel AG.
The latest transactions represent the firm’s 36th
closing for the year. The company is scheduled to close 25 hotels between now and July 31st
with several more scheduled the first half of August.
About Hotel AG
Hotel AG is a specialized brokerage firm offering hotel specific real estate within the United States. Headquartered in Atlanta, Georgia, the company conducts business with REITs, public and private companies, institutional clients and individual owner operators. Hotel AG can be found online at www.hotelassetsgroup.com