Hospitality Group

Hotel AG Closes 5 Hotel Transactions Last Week

ATLANTA – May 21, 2012 – Hotel AG announced today the firm closed 5 hotel transactions last week. The transactions consisted of 4 Hilton and Marriott branded hotels and 1 bank-owned independent hotel. The properties sold included a full-service Doubletree, a Fairfield Inn, a Hampton Inn and an independent asset located in the Midwest, and a Hilton Garden Inn located in the Southeast. The Hilton and Marriott assets were the first hotels in 2 portfolios being sold to public hotel investment funds. The 2 portf... Read More

published: 05-21-2012

Hotel AG Lists Streamline Hotel–Daytona Beach, Florida

The Streamline Hotel is located approximately five-miles from the Daytona International Speedway and the Daytona International Airport. The Property is minutes from the Boardwalk Amusement Area and Pier, the Daytona Lagoon Waterpark, and Ocean Walk Village. Local area shopping, clubs, golf, and restaurants are nearby as well. The Hotel is located across the street, approximately 400 feet, from the famous Daytona Beach. The Streamline Hotel is a four story, interior corridor, art deco structure, built in the late 1940... Read More

published: 05-17-2012

Hotel AG Lists Treasure Bayou Hotel & Suites–Layfayette, Louisana

The Treasure Bayou Hotel & Suites is located approximately two miles from the Cypress Bayou Casino featuring gaming, dining and entertainment. The Property is also located near the Teche Theater for Performing Arts, the Grevemberg House Museum and the city of Franklin’s historic district which is listed in the National Register of Historic Places featuring more than 400 structures. Local outdoor activities such as fishing, boating, and wildlife viewing are also nearby. The surrounding area offers additional activi... Read More

published: 05-17-2012

Hotel AG Lists Comfort Inn–Shepardsville, Kentucky

The Comfort Inn Shepherdsville is located approximately 17 miles from the heart of the Louisville business district and is easily accessible via Interstate 65. The Comfort Inn Shepherdsville is a limited-service, two-story, interior corridor hotel originally constructed in 1996 and contains a front desk and lobby, breakfast area, indoor water park, on-site guest laundry facilities, safety deposit box at the front desk, business center, and high speed Internet in public areas. The Property has 79-guestrooms complete with... Read More

published: 05-17-2012

Hotel AG Lists Wingate by Wyndham–Brentwood, New York

The Wingate by Wyndham Commack is conveniently located at the intersection of Long Island Expressway and Sagitkos Parkway and approximately 43-miles west of New York City. Northpoint Waterfront Village and Sunken Meadow Beach are within six miles of the Property and the Walt Whitman Mall and Roosevelt Mall are nearby. Other local area attractions near the Hotel are Adventureland (eight miles) and Splish Splash Water Park (30 miles), and Fire Island, which is accessible via a ferry. Additionally, the Property is nearby l... Read More

published: 05-17-2012

Hotel AG lists Mountain Top Inn & Resort-Pine Mountain, GA

The property now known as Mountain Top Inn & Resort was established in 1972 by John Amos, the founder of Aflac Insurance Company. Mountain Top Inn is a resort specializing in lodging, events and the rental of 27 privately owned log cabins ranging in size from one bedroom to five bedrooms. Each log cabin features a double garden jacuzzi in the master bedroom, full kitchen, living room, dining area, wood-burning or gas fireplaces, cable TV, charcoal grill outside, and front & back porches. Some of the property’s... Read More

published: 05-17-2012

Hotel AG lists Motel 6-Brunswick, GA

The Motel 6 is located off of Interstate 95 near a variety of shopping, dining and entertainment. The Hotel is located within five miles from Coastal Georgia Community College, Glynn Place Mall, Federal Law Enforcement Training, and Oak Grove Island Golf Course. Other local area attractions nearby are the Sea Island Golf Club, Hofwyl-Broadfield Plantation, the Museum of Coastal History, Fort Frederica National Monument, Jekyll Island State Park and Summer Waves Waterpark. Additionally, the Property is approximately 10 -... Read More

published: 05-15-2012

Hotel AG Lists Super 8-Radcliff, KY

The Super 8 Radcliff/Fort Knox is located approximately half-a-mile from the Fort Knox Military Reservation, and just minutes from the HR Command Headquarters, General George S. Patton Museum, and the U.S. Bullion Depository. The Hotel is conveniently located off Route 31 West which is a popular route for travelers, military contractors and new recruits. Additionally, the Property is located approximately 30-miles from the famous Churchill Downs/Kentucky Derby and is located nearby several local area restaurants. The S... Read More

published: 05-02-2012

2012 AAHOA Convention: Hotel AG Exhibits How It's Truly Client Specific

The 2012 AAHOA National Convention is from May 2nd through 5th at the Georgia World Congress Center right in Hotel AG's backyard of Atlanta, GA. We are pleased to attend the convention and we are going to have a booth in the trade show. Niven Patel, one of Hotel AG's brokers had this to say about the event: "The AAHOA Convention is a place where true relationships are formed and we could not be more excited to have a booth and enjoy the opportunity to connect with the AAHOA membership on a personal level." Hotel ... Read More

published: 04-25-2012

Hotel AG Closes 8 Hotel Transactions in the Past 40 Days

ATLANTA – April 23, 2012 – Hotel AG announced today the firm has closed 8 hotel transactions in the past 40 days. The properties include 2 independent hotels, IHG, Choice and Wyndham hotel brands. Clients represented were special servicers and whole loan lenders including LNR, US Bank, Berkadia and independent banking institutions. The property locations range from the Pacific Northwest to Florida. Keith Thompson, principal of HAG, commented, "These latest closings continue to point to a strong transaction reco... Read More

published: 04-23-2012

Hotel AG Lists Ramada Limited & Suites (Louisville Airport)-Louisville, KY

The Ramada Inn Louisville—Airport is conveniently located in the heart of Louisville’s convention, sport and airport district and within walking distance to the University of Louisville and the Kentucky fair and exposition center. The legendary Churchill Downs is within one mile of this location. Downtown Louisville and the Kentucky exhibition center are just a short drive away. The Ramada Louisville is a three-story, interior corridor, limited service hotel originally opened in October of 1999. The Hotel is compri... Read More

published: 04-12-2012

College Towns Show an Opportunity for Investment Stability

The recent RevPar stats for 10 college towns show that investing money through new acquisitions or redevelopment of existing acquisitions in towns like these that made the list seems a smart play in today's economic climate. With Athens, GA being a local market we know and love here at Hotel AG, we have to agree that markets with the constant traffic, turnover, and transient activity that college towns provide allow today's investors to seize stable market share with a huge upside potential. While the list RevPar provi... Read More

published: 04-12-2012

Hotel AG lists Comfort Inn-Philadelphia, PA

The Comfort Inn Philadelphia Airport is located off of Interstate 95, and approximately three-miles from the Philadelphia International Airport, and only 10-miles from historic downtown Philadelphia. The Property is also close to the Betsy Ross House, historic Valley Forge, Brandywine Valley and the Pennsylvania Convention Center. Additionally, Lancaster, PA, also known as Amish Country, is 70-miles; Atlantic City 60-miles; and downtown Wilmington is only 20-miles from the Hotel. The Property is also within close proxim... Read More

published: 03-30-2012

Hotel AG lists Sleep Inn & Suites Baltimore Airport-Baltimore, MD

The Sleep Inn & Suites Baltimore Airport is located approximately one mile from the Baltimore/Washington International Thurgood Marshall Airport. The Hotel is conveniently located near Oriole Park at Camden Yards, M&T Bank Stadium, home of the Baltimore Ravens and the Baltimore Inner Harbor which offers shopping, dining and family-friendly attractions. Additionally, within five-miles of the Property are several local corporations such as: Fort Meade, Northrop Grumman, and the National Security Agency/Central Sec... Read More

published: 03-30-2012

From Our Desk: Michael Bernath

As Vice President/Partner of Hotel AG, Michael Bernath adds significant investment knowledge to our excellent corporate team. With a background in hotel finance and industry economics, Michael provides his clients with an incredible experience and savvy market awareness, regardless of whether they are buyers or sellers. We recently sat down with Michael to discuss his current client list, what he defines as his "sweet spot" in the market, and the one trend he thinks will greatly impact the 2012 transaction market. ... Read More

published: 03-27-2012

Hotel AG Brokers Sale of Holiday Inn Express (Buckhead)-Atlanta, GA

ATLANTA – March 26, 2012 – Hotel AG announced today the firm brokered the sale of the Holiday Inn Express in the Buckhead area of Atlanta, Georgia. The property was sold to a local investor on behalf of LNR. The Holiday Inn Express is an all-suite hotel located on Pharr Road in the heart of Atlanta’s upscale Buckhead community. The purchaser intends to re-brand the hotel and complete the brand required upgrades. "This transaction further represents the strength of the select service hotel real estate climate ... Read More

published: 03-27-2012

Hotel AG lists Clarion Hotel-Fort Myers, FL

The Clarion Hotel Fort Myers is located approximately nine-miles from Fort Myers Beach in Fort Myers, Florida; Fort Myers is located on the banks of the Caloosahatchee River in Southwest Florida and is a gateway to the Gulf of Mexico. The Hotel is conveniently located within one mile from Edison Community College – the Lee County Campus and the Barbara M. Mann Performing Arts Hall. The Southwest Florida International Airport is only seven miles from the Hotel as well. Additionally, the Hotel is near several local area... Read More

published: 03-21-2012

Hotel AG lists the Roseboro Hotel-Sharon Springs, NY

The Roseboro Hotel is a national historic hotel in Sharon Springs, New York located at 208 Main Street in Sharon Springs, New York. Currently, the Hotel is not in operation and would "max out'' at 40 rooms however the hotel does have retail units that are currently leased. The Hotel is offered for sale as a redevelopment scenario and the current owner has been renovating the property for approximately 10 years. Additionally, there is a separately deeded 10-acre (+/-) commercial lot directly across Main Street, which cou... Read More

published: 03-21-2012

Hotel AG Lists Hilton Garden Inn-Boca Raton, FL

The Hilton Garden Inn Boca Raton is centrally located off Congress Avenue along Interstate 95 between West Palm Beach and Fort Lauderdale, Florida. The Hotel is located minutes from the Boca Raton and Delray Beaches, shopping on Atlantic Avenue and local area golf courses throughout Boca Raton and South Florida. Additionally, the Property is 25 minutes from the Fort Lauderdale and Palm Beach International Airports. The Hotel is approximately four miles from Florida Atlantic University, two miles from Lynn University and... Read More

published: 03-21-2012

Hotel AG lists the SpringHill Suites-Sarasota, FL

The SpringHill Suites Sarasota/Bradenton is approximately a quarter mile from the Sarasota International Airport and just off of University Park and Tamiami Trail (U.S. Highway 41). The Hotel is located near popular area attractions such as the Siesta & Lido Key Beach, Ringling Museum of Art, over 50 private and public golf courses, and the Marie Selby Botanical Gardens. Additionally, the Property is located near McKechnie Field and Ed Smith Stadium, and local area businesses such as Sun Hydraulics, Wellcraft Marine... Read More

published: 03-14-2012