Hotel AG Sees Strong Transaction Pipeline For 2013
ATLANTA – May 8, 2013 – Hotel AG announced today the firm has valued over 100 hotels since the first of January for lenders, CMBS servicers, banks and private hotel companies. The private side is very robust since transacting today allows for sellers to have the return “on” and the return “of” investment capital. Many are taking advantage of this hotel real estate cycle and redeploying capital. The lender side has slowed somewhat but is still very active with products that have debt issues.
Keith Thompson, principal of Hotel AG, remarked, “We believe the vibrant private sale market is the forerunner to new supply growth. Sellers are disposing of blended aged assets while redeploying capital toward new construction and up-branded assets.”
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 about 280 hotels on the market with a large percentage of the 280 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.published: 05-02-2013