Hotel AG Closes 8 Hotel Transactions in the Past 40 Days
ATLANTA – April 23, 2012 – Hotel AG announced today the firm has closed 8 hotel transactions in the past 40 days. The properties include 2 independent hotels, IHG, Choice and Wyndham hotel brands. Clients represented were special servicers and whole loan lenders including LNR, US Bank, Berkadia and independent banking institutions. The property locations range from the Pacific Northwest to Florida.
Keith Thompson, principal of HAG, commented, "These latest closings continue to point to a strong transaction recovery within the US.''
Today, Hotel AG has 203 hotels on the market valued at $1.8 billion with 64 hotels under sale agreement.
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