Hospitality Group

Hotel AG Sells a Hilton Garden Inn in the West North Central Region

Atlanta, GA August 23, 2010– Hotel Assets Group, LLC (Hotel AG), announced today that the firm negotiated the sale of a 153-room Hilton Garden Inn located in the West North Central Region on behalf of Jackie’s International. The portfolio sold to Apple REIT Nine for an undisclosed amount. The Hilton Garden Inn is a six-story, interior corridor hotel built in 2006. The Buyer plans to perform minor renovations to the hotel and continue operating it as a Hilton Garden Inn.

About Hotel AG

Headquartered in Atlanta, Georgia with 16 national offices, Hotel AG is a specialized brokerage firm offering hotel-specific real estate and investment banking within the United States. The company conducts business with REITs, public and private companies, institutional clients and individual owner operators. Today Hotel AG has 139 hotels on the market in 34 states valued at 1.2 billion.

published: 08-23-2010

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