Hotel AG Engaged on 4 Hotel Portfolios Since January
ATLANTA – February 8, 2013 – Hotel AG announced today the firm has been engaged on 4 hotel portfolios since January. The firm offers several specialty practice groups including Select Service, Full Service, CMBS/ Lender/Bank and Hotel Portfolios. Within the Hotel Portfolio specialty group, Hotel AG has been engaged on 4 portfolios since the beginning of 2013. The portfolios range in value from $70 million to $600 million and encompass most all major brands and service level hotels.
Brad Sinclair, Hotel AG vice president and partner, commented, "We believe this will be the year of the hotel portfolio transactions. We are seeing great interest in yield plays for large cap transactions as today there seems to be an economic vibrancy that is very focused in hospitality.''
About Hotel AG
Hotel AG is a national hotel brokerage firm headquartered in Atlanta, Georgia. The firm has closed 1 hotel transaction every 7 days for the past 30 months and 76 hotels within the last 12 months. Today the firm has almost 300 hotels on the market with a large percentage of the 300 under sale agreement. The firm 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. The firm has 15 national brokers and 19 partners and can be found online at www.hotelassetsgroup.com.