Hospitality Group

Obtaining Hotel Financing: What To Expect - From Michael Bernath


The process of obtaining financing is something that most Hotel AG clients have to deal with, no matter whether they are buying or selling a hotel. For those seasoned in the hospitality industry, this process is very familiar. For those new to the industry, we wanted to answer some of the main questions pertaining to hotel financing. With specialties in finance, market analysis, and investment, Hotel Assets Group's VP/Partner Michael Bernath answers our questions. What is the typical turnaround time when a hotel d... Read More

published: 04-10-2013

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, Hote... Read More

published: 04-08-2013

Hotel AG Announces Several Price Reductions


Hotel AG is excited to announce a price reduction on the following four assets: (Price Reduction) Holiday Inn Raleigh/Crabtree – Raleigh, North Carolina 176 room, full service, 12-story hotel / Easily accessible from I-440 and minutes from Raleigh Durham International Airport, RBC Center, and the State Capitol / Situated on approx. 4.6 acres / Recent improvements / Priced reduced to $4,500,000. Wendy Blissett – WBlissett@HotelAssetsGroup.com   (Price Reduction) Regency Inn & Suit... Read More

published: 04-02-2013

Hotel AG To Attend 2013 AAHOA National Conference in Houston


Hotel Assets Group is proud to announce that two of its brokers, Brad Sinclair and Joe Jones, will both be in attendance at the annual AAHOA conference in Houston, Texas this week. Hotel AG is coming off of a banner year and the 2013 year has already seen 9 transactions close. Joe Jones, vice president and one of the newest Hotel AG team members, says "2013 is shaping up to be a good market for both buyers and sellers as banks are starting to lend again on assets that show strong upside in stable markets." One of the f... Read More

published: 03-25-2013

Hotel AG Lists Holiday Inn Express Beloit, Wisconsin


Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in the Holiday Inn Express (collectively known as the "Property,'' or "Hotel''), a limited-service hotel located in Beloit, Wisconsin. The Hotel is conveniently located within the city of Beloit at the intersections of Interstate 90/39, Interstate 43 and Highway 81 at exit 185A. Several local area businesses are located nearby such as Kerry, Hormel Foods, ABC Supply Co., Mesto Corporation, Frito-Lay and Fairbanks Morse Engine/E... Read More

published: 03-21-2013

Hotel AG Lists Courtyard By Marriott-Salisbury, Maryland


Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in the Courtyard Salisbury, a limited-service hotel located in Salisbury, Maryland. The Property is located approximately five-miles north of the Salisbury/Wicomico Regional Airport and conveniently located near local area attractions such as the Delmarva Shorebirds Stadium, Salisbury University and Peninsula Regional Medical Center. Additionally, the Property is centrally located near local major area businesses and only 25-m... Read More

published: 03-21-2013

Hotel AG Lists Comfort Suites-Elkhart, Indiana


Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in the Comfort Suites Elkhart (South), a limited-service hotel located in Elkhart, Indiana. The Property is located just one mile off of US 20 southeast Elkhart, Indiana. Local attractions include Edgewater Park, Jimtown Historical Museum, Bent Oak Golf Club, Midwest Museum of American Art, RV/MH Hall of Fame, Ruthmere Museum, Rvmh Heritage Foundation, Christiana Creek Country Club, Old Orchard Golf Course, Time-Out Family Amu... Read More

published: 03-13-2013

Hotel AG Continues Pace Of Closing 1 Hotel Transaction Every 7 Days


ATLANTA – February 10, 2013 – Hotel AG announced today that the firm continues the pace of closing 1 hotel transaction every 7 days. Year-to-date closings covered several US regions and many of the top hotel brands. As of March 11th, the firm has 294 hotels on the market with 105 of the 294 under sale agreement. Approximately 70 percent of the 294 hotels are branded within the Marriott, Hilton, IHG, Starwood and Hyatt families. "There are several large portfolios that make up a percentage of the product unde... Read More

published: 03-12-2013

Michael Bernath Explains Hotel Finance Trends & State of Debt Markets


When it comes to 2013 hotel financing and measurements of the economy, Hotel Assets Group (Hotel AG) Vice President/Partner Michael Bernath is a great person to consult. With concentrations in finance, market analysis and investment, Michael has assisted in the closing in excess of $350 million in select service hotel transactions.     We asked Michael to tell us a little bit about hotel financing trends he sees and the current economy to give us a snapshot of the market. Over the past several mo... Read More

published: 03-09-2013

Hotel AG Lists Fairfield Inn-Dothan, Alabama


Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in the Fairfield Inn, a limited-service hotel located in Dothan, Alabama. The Property is located approximately three-miles west of downtown Dothan and a short drive to Fort Rucker. The Hotel is also conveniently located near Meyer Electric, Southern Company, Flowers Hospital, Southeast Alabama Medical Center and Farley Nuclear facilities as well as the Peanut Festival, Highland Oaks Golf Course and the RTJ Golf Trail. Westgat... Read More

published: 03-07-2013

Hotel AG Lists Fairfield Inn & Suites-Columbus, GA


Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the Fairfield Inn & Suites Columbus, a limited-service hotel located in Columbus, Georgia . The property is located on airport authority leased land. The Property is located half-a-mile from Interstate 185 and ideally located near Fort Benning and the Columbus Airport. Local area attractions nearby include historic downtown Columbus, the Coca-Cola Space Science Center, National Infantry Museum, the Springer Opera House, and the South Commons Soft... Read More

published: 03-06-2013

Hotel AG Lists Sarasota Hotel (Former Comfort Inn)-Sarasota, FL


Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in the Sarasota Hotel, a limited-service hotel located in Sarasota, Florida. The Property is located approximately one-mile from the Sarasota/Bradenton International Airport and convenient to Interstate 75. The Property is within walking distance to The John and Mabel Ringling Museum of Art and the University of South Florida. The hotel is convenient to all area attractions such as Argosy University, Lido Beach, Siesta Key Bea... Read More

published: 03-01-2013

Hotel AG Lists Motel 6-Marble Falls, TX


Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in the Motel 6, a limited-service hotel located in Marble Falls, Texas. The Property provides easy access to both Lakeside Park which hosts the annual LakeFest boat race and Falls Creek Park, home to a 12,000 square foot concrete and granite skate park with a canoe launch area. There are numerous other local area attractions convenient to the Hotel such as Falkenstein Castle, rated among the best wedding castles in the United ... Read More

published: 02-26-2013

Hotel AG Lists the Best Western-Jacksonville (Airport), FL


Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in the Best Western Jacksonville Airport, a limited-service hotel located in Jacksonville, Florida. The Hotel is easily accessible to Interstate 95 and is located approximately one-mile from the Jacksonville International Airport and the Jaxport Cruise Terminal; also convenient to downtown Jacksonville and the Florida Proton Therapy Institute. The Hotel is located near an area which hosts several annual events which are locate... Read More

published: 02-20-2013

Hotel AG Lists the Chatt Inn-Chattanooga, TN


Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in The Chatt Inn, a limited-service/extended stay hotel located in Chattanooga, Tennessee. The Hotel is conveniently located off of Interstate 24, minutes from downtown Chattanooga. The Hotel is near local area attractions such as Look-out Mountain, Ruby Falls, the Tennessee Valley Railroad Museum, The Chattanooga Choo-Choo, the Incline Railway, Rock City Gardens, and the Southern Belle Riverboat. The Tennessee Aquarium and IM... Read More

published: 02-14-2013

Keith Thompson Explains Hotel AG’s Involvement with REITs and Public Investment


Hotel AG sells many hotels to REITs and Public Investment Funds. Because REITs and Public Investment Funds are such a large part of Hotel AG's business, we wanted to talk more about these big players in the hotel industry. With the start of a new year, we also wanted to answer the question as to what the hotel industry can expect from these type of entities in 2013. There is no one better equipped to answer our questions than Hotel AG Principal Keith Thompson. Keith described, "In the 2012, about 60% of the 75 t... Read More

published: 02-11-2013

Hotel AG Closes 5 Hotels in January


ATLANTA – February 4, 2013 – Hotel AG announced today the firm closed 5 hotel transactions in the month of January.  The brands represented included a Courtyard, Hawthorn Suites, Clarion, La Quinta and an independent bank-owned hotel.  The properties are located in the North West, South Central, Mountain Region and Florida.  The clients represented included LNR, US Bank, a regional lender and a private seller. For the trailing 12 months ending January 2013, Hotel AG has closed 79 separate hotel transactions. 40 ... Read More

published: 02-04-2013

Hotel AG Lists Colonial Inn-Phenix City, Alabama


Hotel Assets Group, LLC, as sole exclusive agent, is pleased to offer the fee-simple interest in the Colonial Inn, a limited-service hotel located in Phenix City, Alabama. The Property is located off of U.S. Highway 280 near many area points of interest such as Fort Benning, Fort Mitchell, Chattahoochee Valley Community College and the River Center for Performing Arts.. The Hotel is located near Columbus, Georgia and near many attractions including the Civil War Naval Museum, Idle Hour Park, the Phenix City Amphitheate... Read More

published: 01-29-2013

Important Announcements on Listed Assets


Hotel Assets Group has the following announcements: Crowne Plaza Williamsburg has been reduced to $5,000,000. Please contact Michael Bernath for more information. Quality Inn Forrest City has been reduced to $2,039,000. Please contact Rex Cagle for more information. Carriage Inn Ridgecrest has been reduced to $3,200,000. Please contact Michael Bernath for more information. Chris Stark has announced a Call For Offers set for January 23, 2013 on the Holiday Inn Express Egg Harbor Township. If you have questions on an... Read More

published: 01-14-2013

What's in Store for Primary and Secondary Hotel Markets in 2013


One question that we always ask at the beginning of a new year to better serve our clients is "what do we expect from the hospitality market in 2013?" Since primary market hotel sales shaped 2012, we wanted to look further to see what buyers and sellers can expect from primary markets in 2013. To give some personal insight into this question, we asked Hotel AG VP and Partner Andy Broad. Andy works out of New Jersey and has a lot of experience selling in primary markets such as Washington D.C., New York City, and Los An... Read More

published: 01-07-2013