Hospitality Group

Hotel AG lists Comfort Suites-Kennesaw, GA


The Comfort Suites is conveniently located in Kennesaw, Georgia, directly off Interstate 75 via Busbee Drive NW. The Comfort Suites Kennesaw is located 10 miles northwest of Atlanta. The City is located 151 miles northeast of Birmingham, Alabama, 160 miles southwest of Greenville, South Carolina, and 94 miles southeast of Chattanooga, Tennessee. Downtown Kennesaw and Metro Atlanta offer a variety of attractions just minutes from the Comfort Suites Kennesaw. The Comfort Suites Kennesaw is a four-story, 70-room, limited... Read More

published: 05-05-2008

Hotel AG lists Comfort Suites-Brunswick, GA


The Comfort Suites is conveniently located in Brunswick, Georgia just off Interstate 95 via Highway 17. Brunswick is located in southeastern Georgia situated halfway between Jacksonville, FL and Savannah, GA. Brunswick is the gateway to Sea Island, Jekyll Island, and St. Simons Island, which offer year-round resort communities with white-sand public beaches, shops, golfing and historical sites. Minutes from the Comfort Suites Brunswick is the Coastal College of Georgia, Brunswick Golden Isle Airport, the Federal Law Enf... Read More

published: 11-05-2009

Hotel AG lists Comfort Inn & Suites-Cordele, GA


The Comfort Inn & Suites is a 51-room limited service hotel in Cordele, Georgia. The Property is located near many points of interest such as Lake Blackshear Golf Club, Georgia Veterans State Park and the Georgia Veterans Memorial Golf Course. Additionally, the Property is within three miles from Sam’s Shoreline Train Depot, the Crisp County-Cordele Airport and Crisp Hospital. Other attractions in close proximity include the Perry Fair Grounds and Ag Expo, among others. The Hotel is also located near entertain... Read More

published: 07-11-2011

Hotel AG lists Clarion Inn-Sun Valley, ID


The Clarion Inn at Sun Valley is located on the east side of Main Street, near the northern end of the central business district of Ketchum, Idaho at 600 N. Main Street. The Clarion Inn at Sun Valley is comprised of nine, three-story buildings, and is a limited service hotel originally constructed in 1989, and contains a front desk, lobby, elevators, fitness center, outdoor heated pool with spa, on-site laundry facilities, complimentary wireless high speed Internet in public areas, business services and 1,525 square fee... Read More

published: 01-05-2011

Hotel AG lists American Lodge-Tacoma, WA


The American Lodge is located directly off Interstate 5 and minutes from the Tacoma Dome arena and the Tacoma Art Museum. The Hotel is centrally located near popular local attractions such as the Puyallup Fair & Events Center, Wild Waves theme park, Cheney Stadiu m and Point Defiance Zoo and Aquarium and Pacific Lutheran University and the Museum of Glass. The Hotel is 30-miles from the Seattle-Tacoma International Airport, and three miles from Fort Lewis Joint Base. Additionally, local restaurants and cocktail lounges,... Read More

published: 09-05-2011

Hotel AG Brokers Sale of Four Points in the East North Central Region


ATLANTA – May 1, 2011 – Hotel Assets Group, LLC (Hotel AG), announced today they closed a 142-room Four Points in the East North Central Region on behalf of LNR Partners, Inc. The property sold to Lodgco Management for an undisclosed amount. The buyer owns select service hotels in the market and wanted to add a premiere full-service hotel to their portfolio,'' stated Scott Foster, vice president of the firm.  About Hotel AG Headquartered in Atlanta, Georgia with 16 national offices, Hotel AG is a spe... Read More

published: 05-01-2011

Hotel AG Sells a Former Holiday Inn in the East North Central Region


ATLANTA – May 9, 2011 – Hotel Assets Group, LLC (Hotel AG), announced today that the firm negotiated the sale of a 203-room former Holiday Inn located in the East North Central Region on behalf of Illinois Lincoln Hospitality Return, LLC. The portfolio sold to Matteson Hospitality Real Estate LLC for an undisclosed amount. "This was a typical REO transaction like we are seeing in today’s market,'' stated Brad Sinclair, vice president and partner of Hotel AG. "The property sold significantly below... Read More

published: 05-09-2011

Hotel AG Reports 5 Hotel Closings Since June 1st


ATLANTA – June 20, 2011 – Hotel Assets Group, LLC (Hotel AG), announced today that the firm has closed 5 hotel transactions since June 1st and within the last 7 months has closed 1 hotel transaction every 9 days. Additionally, the firm has over 40 hotels under contract with closings scheduled within the next 70 days. The sold assets were located in the Midwest, South Central, Southeast, Mid Atlantic and North Central regions. The transactions consisted of Hilton, Marriott, IHG, Choice and Wyndham brands as well as i... Read More

published: 07-20-2011

Hotel AG Brokers Sale of Hilton Select Service Portfolio


ATLANTA – June 27, 2011 – Hotel Assets Group, LLC (Hotel AG), announced today that the firm negotiated the sale of a three-property Hilton select service portfolio totaling 382 rooms. The portfolio was comprised of a 184-room Hilton Garden Inn in the East North Central Region; a 95-room Homewood Suites in the West North Central Region; and a 103-room Hampton Inn and Suites in the West North Central Region. The portfolio was sold to Apple REIT Ten on behalf of Hawkeye Hotels for an undisclosed amount. "This ... Read More

published: 07-27-2011

Hotel AG Brokers Sale of the Islander Resort Hotel In Daytona Beach


ATLANTA – July 5, 2011 – Hotel Assets Group, LLC (Hotel AG), announced today they closed the 144-room Islander Resort Hotel in Daytona Beach, Florida on behalf of Wells Fargo. The property sold to ASA Lodging, LLC for an undisclosed amount. "This is one of many transactions Hotel AG has closed with Wells Fargo over the last seven months,'' stated Wendy Blissett, vice president and partner of the firm. "The buyer is a California-based company that plans to undergo a complete renovation of the hotel.'' The 1... Read More

published: 07-05-2011

Hotel AG Brokers Sale of Metro Atlanta Suburban Extended Stay


ATLANTA – July 11, 2011 – Hotel Assets Group, LLC (Hotel AG), announced today they closed the 135-room Suburban Extended Stay Hotel in Woodstock, Georgia on behalf of Berkadia Commercial Mortgage. The property sold to D/H Loan Investments Inc. for an undisclosed amount. "We are pleased to have represented a long term institutional client on this asset and also have the opportunity to work with a local buyer who was very knowledgeable of the asset and the market,'' stated Wendy Blissett, vice president and par... Read More

published: 07-11-2011

Hotel AG Brokers Sale of a 364-Room Wyndham Hotel in the Middle Atlantic Region


ATLANTA – July 18, 2011 – Hotel Assets Group, LLC (Hotel AG), announced today they closed on a 364-room Wyndham Princeton Forrestal Hotel and Conference Center in the Middle Atlantic Region on behalf of US Bank. The property sold to InnZen Hospitality for an undisclosed amount. "This sale is another example of a stabilizing hotel transaction market. This full-service hotel is intrinsically spectacular but suffered financial setbacks over the last couple of years, thereby resulting in a sales price that was ... Read More

published: 07-18-2011

Hotel AG Closes Three Hotel Transactions in Past Two Weeks


ATLANTA – July 25, 2011 – Hotel Assets Group, LLC (Hotel AG), announced today that the firm closed three separate hotel transactions over the past 14 days. The transactions included a new Hampton Inn & Suites, a Quality Inn and an independent hotel. Clients represented were private sellers and lenders and the buyers included both a REIT and private purchasers. The firm’s agents involved in the disposition of the assets were Brad Sinclair, Scott Foster and Tom Huegel. About Hotel AG Headquarte... Read More

published: 07-25-2011

Hotel AG Brokers Sale of an East South Central Region Limited-Service Hotel


ATLANTA – August 1, 2011 – Hotel Assets Group, LLC (Hotel AG), announced today they closed an 122-room Red Roof Inn in the East South Central Region on behalf of R-Roof VI, LLC. The property sold to NNP Cool Springs, LLC for an undisclosed amount. "On this transaction we were able to work with a locally-based hotel ownership group that was able to secure financing with a local lender through the SBA program," stated Victor Kalyanji, vice president and partner of the firm. The property is a three-story inter... Read More

published: 08-01-2011

Hotel AG Brokers Sale of a West North Central Region Hampton Inn & Suites


ATLANTA – August 8, 2011 – Hotel Assets Group, LLC (Hotel AG), announced today that the firm negotiated the sale of a 103-room Hampton Inn & Suites located in the West North Central Region. The hotel was sold to Apple REIT Ten on behalf of Hawkeye Hotels for an undisclosed amount. "This is the last transaction in a portfolio of hotels sold between Hawkeye Hotels and Apple REIT Companies,'' said Brad Sinclair, a vice president and partner for Hotel AG. "The buyer plans to do the necessary renovations and... Read More

published: 08-08-2011

Hotel AG Brokers Sale of Full-Service Hotel in the East South Central Region


ATLANTA – September 26, 2011 - Hotel Assets Group, LLC (Hotel AG), announced today they closed a 200-room full-service hotel in the East South Central Region on behalf of US Bank. Details of the sale are confidential. About Hotel AG Headquartered in Atlanta, Georgia with 19 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 ... Read More

published: 09-26-2011

Hotel AG Brokers Sale of Two Hilton Garden Inns


ATLANTA – October 17, 2011 - Hotel Assets Group, LLC (Hotel AG), announced today that the firm negotiated the sale of two well-performing Hilton Garden Inn hotels located in the East North Central Region, consisting of 110 rooms and 124 rooms, respectively. The hotels were purchased by Apple REIT Ten for an undisclosed amount. "This portfolio consists of two stabilized assets with minimal change of ownership capital expected,'' said Brad Sinclair, a vice president and partner for Hotel AG. "The NOI for both hotel... Read More

published: 10-17-2011

Hotel AG Closes 11 Hotel Transactions in the Past Eight Weeks


ATLANTA – January 10, 2011 – Hotel Assets Group, LLC (Hotel AG), announced today that the firm closed 11 separate hotel transactions over the past eight weeks. The hotels included upscale, select service, mid market select service, full service and foreclosed assets located along the eastern seaboard, South Central and the Southeast US. The 11 transactions consist of three well-located Hilton select service hotels that sold to two separate REITs, two independent hotels, three bank foreclosures for Wells Fargo, two f... Read More

published: 01-10-2011

Hotel AG Brokers Sale of 194-Room Mount Moriah Plaza Hotel


ATLANTA – January 17, 2011 – Hotel Assets Group, LLC (Hotel AG), announced today that the firm sold the 194-room Mount Moriah Plaza Hotel located in the East South Central Region on behalf of US Bank. The property sold to Duttkruppa, LLC for an undisclosed amount. "This transaction was an all cash deal and closed in 10 days from execution of the contract. The buyer plans a brand conversion and renovation of the asset enabling the property to better compete within its competitive set,'' said Michael Bernath,... Read More

published: 01-17-2011

Hotel AG Closes 12 Hotel Transactions in the Past Nine Weeks


ATLANTA – January 20, 2011 – Hotel Assets Group, LLC (Hotel AG), announced today that with the closing last week of the 110-room Makai Hotel in Ormond Beach, Florida, the firm has now closed a total of 12 separate hotel transactions within the past nine weeks. The hotels included upscale, select service, mid market select service, full service and foreclosed assets located along the eastern seaboard, South Central, Midwest and the Southeast US. The 12 transactions consist of three well-located Hilton select service ... Read More

published: 01-20-2011