Hotel AG Set to Close 20 Hotel Transactions in September
ATLANTA – September 22, 2014 – Hotel Assets Group, LLC (Hotel AG), announced today the firm expects to close 20 hotel real estate transactions in September. The anticipated closings will consist of two hotel portfolios including 13 Hilton and Marriott assets with the remaining consisting of other brand families. Hotel AG as a firm has seen an increase in transactions of 47% and income of 68% year-to-date through September 2014 versus the same period in 2013. "We believe we are seeing the investment window of this cycle. Buyers are taking note of the low interest rates versus the cap rate spreads, and understanding that the delta we are experiencing today represents one of the greatest all time investment cycles,” commented H. Keith Thompson, principal of Hotel AG.
About Hotel AG
Hotel AG is a national hotel brokerage firm headquartered in Atlanta, Georgia with offices in New York, Chicago and Los Angeles. The firm has been involved in 1 hotel transaction every 5 days for the past 3 years. Today, Hotel AG has 214 hotels on the market with a market cap value of $2.8 billion. 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 17 national brokers and 21 partners and can be found online at www.hotelassetsgroup.com.published: 09-22-2014