Hospitality Group

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

Hotel AG lists Former Quality Inn-Ocala, FL

The former Quality Inn is conveniently located off of Interstate 75 in central Ocala, near the Easy Street Family Fun Center, Paddock Mall and the Ocala Equestrian Complex. Nearby attractions and demand generators near the hotel include the Central Florida Community College, Ocala International Jim Taylor Field Airport, Ocala Amtrak Station, the Ocala Regional Medical Center, the Marion County Museum of History, the Ocala Speedway and the Silver Springs Ocala Natural Theme Park, among others. The Property is comprised ... Read More

published: 03-07-2012

Hotel AG lists Ramada Inn Bayside: New Port Richey, FL.

The Ramada Inn Bayside is a select service hotel in New Port Richey, Florida and is the only waterfront hotel located on U.S. Highway 19. The marina, which is part of the hotel, is located on the 1.4 miles straight deep channel which leads to the open Gulf of Mexico and offers boat owners several amenities. The Ramada Inn is considered a boater’s paradise as the hotel is located only a few minutes from the open bay on Florida’s Gulf Coast. The property has an onsite Lounge and Water Front TIKI Bar and restaurant. Th... Read More

published: 03-01-2012

EB-5: Proven Funding Outlet for the Hospitality Industry

Our team at Hotel AG was privileged to have a representative from an EB-5 regional center in our office on Monday. Mr. Bruce Nicely adequately laid out an overview of EB-5 and how it can help those developers looking for equity funding. The main EB-5 website states that "the USCIS administers the Immigrant Investor Program, also known as 'EB-5,' as created by Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors." Many foreigners are anxiously trying to come into... Read More

published: 02-08-2012

Hotel AG lists Hilton Garden Inn-Cincinatti (Sharonville), OH

The Hilton Garden Inn Cincinnati/Sharonville is located in the Cincinnati/Sharonville, Ohio area. The property is conveniently located off Interstate 75, approximately 18 miles north of Cincinnati, and minutes from major corporations such as: General Electric, Federal Express, General Motors, Sun Chemical, Kroger, P&G, and Ford. Additionally, several local area attractions are nearby and a short drive from the hotel which include: Kings Island, The Beach Water Park, Great American Ball Park, Paul Brown Stadium, Unio... Read More

published: 02-08-2012

Hotel AG Sells Two Hotels in the Last Week

ATLANTA – February 6, 2012 – Hotel AG announced today the firm brokered the sale of two hotels last week. The hotels were bank foreclosures located in North Carolina and Georgia. The seller’s represented in the transactions included a national bank and a local lender. The properties represented were a Wyndham brand and an independent hotel. 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 banki... Read More

published: 02-06-2012

Hotel AG Brokers Sale of Holiday Inn Houghton

ATLANTA – January 30, 2012 – Hotel AG announced today that the firm negotiated the sale of a Holiday Inn Express located in the East North Central Region on behalf of LNR. The hotel sold to Houghton Hospitality, LLC for an undisclosed amount. "The buyer was very familiar with the market and the strength of the hotel within the market,'' commented Scott Foster, vice president of the firm. "This made for a great transaction for both the buyer and the seller.'' The Holiday Inn Express is a three-story, interio... Read More

published: 01-31-2012

Hotel AG lists Courtyard by Marriott-Fresno,CA

The Courtyard Fresno Yosemite International Airport is located approximately 55-miles from Yosemite National Park and Kings Canyon and only minutes from the wineries of the Madera Wine Trail in the San Joaquin Valley. The hotel is also located near both the Sierra Mountains and Kings River - a popular destination for hiking, mountain climbing, fishing and whitewater rafting. Additionally, other local area attractions that are near the hotel are the Fresno Chaffee Zoo, The Tower District (Fresno’s dining, arts and ente... Read More

published: 01-31-2012