Hospitality Group

Hotel AG Lists Holiday Inn-Jacksonville (Town Center), Florida


Hotel AG is proud to present for sale the Holiday Inn Town Center-Jacksonville, FL. The Property is located on the East Loop of Interstate 295 and Baymeadows Road, southeast of downtown Jacksonville and 28-miles from the Jacksonville International Airport and 15-miles from the Jacksonville Beaches. The Hotel is approximately 14-miles from Timucuan Ecological and Historic Preserve - Jacksonville’s number one tourist attraction. The University of North Florida, the Mayo Clinic and the Florida Community College South Cam... Read More

published: 08-15-2012

Hotel AG Closes 5 Transactions


ATLANTA – August 5, 2012 – Hotel AG announced today the firm closed 5 hotel transactions in the past 14 days. The transactions consisted of 3 Hilton Garden Inns, 1 Hampton Inn and Suites and 1 Holiday Inn. The highest dollar volume transaction was $21 million and the smallest was $10 million. One Hilton Garden Inn was located in a large Northeastern MSA and sold at an accretive cap rate to a private investor. The seller was a large regional hotel development firm located in the Mid-Atlantic region. Two of th... Read More

published: 08-06-2012

Third Quarter Analysis From Our Vice President


In this video, Brad Sinclair overviews what Hotel AG has seen in the market through July of this year and how we, as a firm, believe the rest of the year will pan out for hotel investment opportunities. Our success has significantly grown this year due to solid team members like Brad and their ability to adequately identify the proper strategies to taken within current market conditions. Hotel AG is not limited to a certain tier of the industry or to geographical regions; our strength is to focus on our clients and th... Read More

published: 08-03-2012

Three Topics to Cover Before the Close of Tomorrow's Auction


Greg Spiro and the Auction.com team have put together a solid auction this week. With everything from commercial, multi-family, and hotel real estate ready to be sold, there are some key things you need to know about before making your bid. 1. Is the property environmentally safe? 2. Has the title been cleared? 3. What is the true value of the property? Whether you use a firm like Hotel AG to help you complete your due diligence or you do it on your own, these three integral components to investing will make all t... Read More

published: 07-25-2012

Hotel AG Announces Recent Hotel Real Estate Closings


ATLANTA – July 23, 2012 – Hotel AG announced today that the firm recently closed 2 hotel transactions. The transactions included a 149-room Hilton Garden Inn and a 252-room full-service hotel. The firm represented Midland Loan Services as the seller for the Hilton Garden Inn located in Boca Raton, Florida with Apple REIT 10 as the buyer. The full-service hotel was located in an eastern seaboard state and was sold on behalf of a global hotel company. Hotel AG brokers involved in the transactions included Brad... Read More

published: 07-23-2012

Hotel AG Lists the Residence Inn-Sebring, FL


Hotel Assets Group, LLC,  is pleased to offer the fee-simple interest in the Residence Inn, a select-service hotel located in Sebring, Florida. The Property is conveniently located off of U.S. 27 and Tubbs Road on Little Lake Jackson in Sebring, Florida. The Hotel is near several local area attractions such as the Sebring Raceway, Highlands National Park, Golf Hammock, Sun Lake Golf and Country Club, and the Sebring Golf Club. Additionally, the Hotel is located near the Florida Hospital and Highland Hospitals. The Prop... Read More

published: 07-27-2012

Hotel AG Lists Sheraton Four Points-Tallahassee-FL


Hotel Assets Group, LLC,  is pleased to offer the fee-simple interest in the Sheraton Four Points Tallahassee North, a select-service hotel located in Tallahassee, Florida. The Property is conveniently located off of Interstate 10 and offers easy access to all area of the city. The Hotel located minutes from Florida State University, the Florida State Capitol, Florida A&M University, Alfred B. Maclay Gardens State Park, and the Leon County Civic Center. Other local area attractions nearby are the Antique Car Museu... Read More

published: 07-26-2012

Hotel AG Lists Red Roof Inn-Toledo, OH


The Red Roof Inn Toledo University is just seven miles west of downtown, less than two miles from the University of Toledo, Westfield Mall, Savage Hall, and the Glass Bowl Stadium. The Property is approximately four miles from the Toledo Museum of Art, The Toledo S ymphony, and the Toledo Botanical Gardens. This Hotel is also just six miles from Imagination Station, Huntington Center, Tam-O-Shanter Sports and Exhibition Center, Seagate Convention Center and COSI. Other area attractions include the Toledo Mud Hens baseba... Read More

published: 07-25-2012

Agent of the Month: Rex Cagle


We recently sat down with Rex Cagle to ask him some questions about his brokerage business. Rex joined our team last October, bringing 8 years of hotel real estate experience with him. As an essential piece to our already strong Hotel AG team, Rex spends his time not only working with his existing clients, but also helping our internal team on market analysis, hotel valuation, and financial projections. Rex Cagle's past experiences have taken him into Bank REO, Multi Property Portfolios, and Single Hotel Assets,... Read More

published: 07-18-2012

Hotel AG Lists Mansion View Hotel-Springfield, IL


Hotel Assets Group is pleased to offer the fee-simple interest in the Mansion View Inn and Suites, a limited-service hotel located in Springfield, Illinois. The Mansion View Inn and Suites is located across the street from the governor’s mansion and a short walk from the Illinois State Capitol, and near numerous local area attractions, such as: the Lincoln Presidential Museum/Library, Dana Thomas House, Illinois State Mu seum, the Lincoln Home and the Old State Capitol, Lincoln’s Tomb and Lincoln’s New Salem. The ... Read More

published: 07-30-2012

Hotel AG And Tranzon Announce Alliance


ATLANTA – July 9, 2012 – Hotel Assets Group (Hotel AG), a national real estate brokerage firm specializing in select and full service hotel real estate, and Tranzon, LLC (Tranzon), a leading national real estate auction firm with member companies across the nation, have established a "Preferred Provider'' alliance for hotel auction and brokerage services. Under this strategic national alliance, Tranzon will be the preferred provider of live, on-site, and sealed-bid auction services for Hotel AG clients having p... Read More

published: 07-09-2012

Hotel AG Closes 3 Transactions For The Second Week In A Row


ATLANTA – July 2, 2012 – Hotel AG announced today that the firm closed 3 hotel transactions last week. The transactions consisted of 2 hotels in the West including 1 Courtyard by Marriott and 1 independent hotel, and 1 hotel located in the Southeast. The clients represented were LNR, a regional bank and an individual owner. Hotel AG brokers involved in the transactions included Bill Bowen, Chris Stark and Michael Bernath. Including these recent closings, Hotel AG has now closed 34 transactions in 2012 and ... Read More

published: 07-02-2012

Hotel AG Closes 3 Hotel Transactions Last Week - Totaling 31 For The Year


ATLANTA – June 25, 2012 – Hotel AG announced today that with the closing of 3 hotels last week, the firm has closed a total of 31 hotel transactions in 2012. The firm is also scheduled to close an additional 41 transactions before August 1st. "Hilton and Marriott brands make up the majority of the completed transactions as well as the closings over the next 5 weeks,'' said Keith Thompson, principal of Hotel AG. "As part of these closings, we are also very excited about closing our first portfolio of new genera... Read More

published: 07-02-2012

Hotel AG Lists 7 Properties for Auction on July 24-27 via Auction.com


Hotel AG is pleased to offer the following 7 properties via Auction.com. The auction is set to take place on July 24-27. For more details on these properties, please click on the property's name. To find out how to place your property on Auction.com, please contact Joe Jones by calling 770-692-1605. Tour Dates for the following properties are: America’s Best Value Inn – Wednesday, July 11th & 18th @ 1pm-3pm EST All Suites Jackson, TN – Friday, July 13th & 20th @ 9am-12pm EST Country Inn &am... Read More

published: 06-25-2012

Hotel AG Lists Hampton Inn-Corydon, IN


The Hampton Inn is conveniently located off of Interstate 64 and State Road 135, half-a-mile from historic downtown Corydon and approximately 25-minutes from the Louisville International Airport. Other local area attractions are the Marengo Caves - approximately eight miles, and the Squire Boone Caverns - approximately 12-miles; the Zimmerman’s Art Glass Factor is two miles from the Property. Nearby Louisville, Kentucky, home to the Kentucky Derby and the Kentucky Kingdom Theme Park are approximately 21 miles from the... Read More

published: 06-19-2012

Hotel AG Closes 9 Hotel Transactions Last Week


ATLANTA – June 4, 2012 – Hotel AG announced today the firm closed 9 hotel transactions yesterday. The properties sold consisted of 8 Hilton and Marriott branded hotels and 1 Wyndham branded asset. Two of the transactions included a Hampton Inn located in St. Augustine, Florida and a Courtyard by Marriott in Jacksonville, Florida. The 6 Hilton and Marriott branded assets are located in the upper Midwest and were the final part of a 9-property $82 million portfolio sale. HAG brokers involved in the transactions i... Read More

published: 06-06-2012

Hotel AG Lists Country Hearth Inn-South Point,OH


The Country Hearth Inn and Suites is conveniently located off U.S. 52 in the tri-state area, between Huntington, Ironton, and Ashland. The Hotel is located near several area businesses, local area attractions, and the nearby Ashland Mall; there are a wide variety of restaurants and lounges in the area as well. The Property is less than six-miles from the Huntington Tri-State Airport, Ashland Amtrak, Virginia Point Park, Central Park, the Highland Museum and Discovery Center and the Pendleton Art Center. Additionally, th... Read More

published: 05-31-2012

Hotel AG Lists Country Hearth Inn-Paducah,KY


The Country Hearth Inn and Suites is located just off of U.S. Route 60 which is a major industrial and business center of the tri-state area in Kentucky, Illinois, and Missouri. The Hotel is located just between the interstate and downtown Paducah and near many room generators. The Property is centrally located near Western Baptist Hospital and the Blue Grass Downs racetrack, Cardinal Point Shopping Center, and numerous restaurants. The Country Hearth Inn and Suites is a limited-service/extended stay hotel, consisting ... Read More

published: 05-31-2012

Hotel AG Lists Country Hearth Inn-Chattanooga, TN


The Country Hearth Inn - Downtown is easily accessible to Interstate 24 and is only minutes from the Tennessee Riverfront. The Hotel is close to the unique and world-famous Lookout Mountain attractions including Rock City, Ruby Falls, and the Incline Railway. Other local area attractions near the Property are: The Chattanooga Choo-Choo - which is listed on the National Register of Historic Places- the Tennessee Aquarium, IMAX Theater, and the Creative Discovery Museum. Additionally, the Chattanooga Convention Center, an... Read More

published: 05-31-2012

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