Hotel AG Brokers Sale of Hampton Inn & Suites, Holly Springs, NC


ATLANTA – December 13, 2010 – Hotel Assets Group, LLC (Hotel AG), announced today that the firm sold the Hampton Inn & Suites in Holly Springs, North Carolina on behalf of Viking Hospitality Fund. The 124-room hotel sold to Apple REIT Nine for an undisclosed amount. Brad Sinclair, vice president of the firm stated, "We are pleased to have structured an advantageous transaction for both the buyer and the seller involving a well-branded hotel property in a growing market.'' "This is one of many... Read More

published: 12-13-2010

Hotel AG Brokers Sale of a Florida Hilton Hotel Portfolio


Atlanta, GA November 29, 2010- Hotel Assets Group, LLC (Hotel AG), announced today that the firm negotiated the sale of a Florida Hilton Hotel Portfolio located in West Palm Beach, Florida. The portfolio consists of a 100-room Hilton Garden Inn and a 105-room Hampton Inn and was sold on behalf of Worthington Hospitality, LLP and Australian Ave Hospitality, LLP, respectively. The property sold to RLJ Real Estate Fund III Acquisitions, LLC for an undisclosed amount. "This was a very targeted effort that involved pr... Read More

published: 11-29-2010

Hotel AG Brokers Sale of a 163-Room Irish Inn in the West South Central Region


Atlanta, GA November 22, 2010 - Hotel Assets Group, LLC (Hotel AG), announced today that the firm negotiated the sale of a 163-room Irish Inn in in the West South Central Region on behalf of a local private family trust. The property sold to Uppen Patel for an undisclosed amount. "This was a case where the buyer and seller worked together to get the deal done through seller financing,'' Alex White, vice president of Hotel AG stated. "We are witnessing more transactions where seller financing is available due to th... Read More

published: 11-22-2010

Hotel AG Engaged to Sell Five Hotel Portfolios


Atlanta, GA September 6, 2010– Hotel Assets Group, LLC (Hotel AG), announced today that the firm has recently been engaged to sell five hotel portfolios located in various regions throughout the U.S. The portfolios range in size from four to 30 hotels with values from $60 to $325 million. The portfolios are located in the North Central, Southeast and Midwest markets. "Some of the portfolios are bank-owned assets like the seven-property, east coast, ocean front listing the firm has been engaged to sell on behalf... Read More

published: 09-06-2010

Hotel AG Brokers Sale of Two Hotels


ATLANTA – November 14, 2011 - Hotel AG announced today that the firm brokered the sale of two hotels that included a 74-room Fairfield Inn & Suites in Archdale, North Carolina and a 131-room Red Roof Inn in the Mountain Region. The hotels were sold on behalf of LNR Property Corporation and RRI NC I LLC, respectively. Wendy Blissett, vice president and partner of Hotel AG, commented, "These were separate transactions that sold to local operators within their respective markets. Both buyers plan to make the nece... Read More

published: 11-14-2011

Hotel AG Sells a West South Central Region Portfolio


Atlanta, GA August 30, 2010- Hotel Assets Group, LLC (Hotel AG), announced today that the firm negotiated the sale of two Hilton Garden Inn hotels located in the West South Central Region. The two properties are a 153-room Hilton Garden Inn and a 134-room Hilton Garden Inn, sold on behalf of Jackie’s International. The portfolio sold to Apple REIT Nine for an undisclosed amount. Brad Sinclair, Vice President of Hotel AG stated, "Both hotels had strong operating performance throughout the economic decline making ... Read More

published: 08-30-2010

Hotel AG Sells a West South Central Region Hilton Garden Inn


Atlanta, GA August 30, 2010– Hotel Assets Group, LLC (Hotel AG), announced today that the firm negotiated the sale of a Hilton Garden Inn located in the West South Central Region. The 134-room Hilton Garden Inn West Monroe was sold to Apple REIT Nine on behalf of Jackie’s International for an undisclosed amount. "The acquisition of this property provided the buyer an opportunity to own a top performing hotel in the market,'' said Brad Sinclair, a vice president for Hotel AG. The five-story Hilton Garden Inn... Read More

published: 08-30-2010

Hotel AG Sells a Hilton Garden Inn in the West North Central Region


Atlanta, GA August 23, 2010– Hotel Assets Group, LLC (Hotel AG), announced today that the firm negotiated the sale of a 153-room Hilton Garden Inn located in the West North Central Region on behalf of Jackie’s International. The portfolio sold to Apple REIT Nine for an undisclosed amount. The Hilton Garden Inn is a six-story, interior corridor hotel built in 2006. The Buyer plans to perform minor renovations to the hotel and continue operating it as a Hilton Garden Inn. About Hotel AG Headquartered i... Read More

published: 08-23-2010

Hotel AG Sells a South Atlantic Region Hilton Garden Inn


Atlanta, GA July 30, 2010– Hotel Assets Group, LLC (Hotel AG), announced today that the firm negotiated the sale of a Hilton Garden Inn in the South Atlantic Region on behalf of Baywood Hotels. The property sold to Apple REIT Nine for a purchase price of $17,400,000. Brad Sinclair, Vice President of Hotel AG stated, "This transaction was made possible due to the quality of the developer, Baywood hotels, and the strength of the buyer, Apple REIT. This transaction closed 60 days from start to finish and was very sm... Read More

published: 07-30-2010

Hotel AG Sells the Orlando (I-Drive) Howard Johnson


Atlanta, GA July 9, 2010 – Hotel Assets Group, LLC (Hotel AG), announced today that the firm negotiated the sale of the Howard Johnson Hotel located in Orlando, Florida on behalf of Davis Bros, Inc. The 165-room property sold to Capital Hospitality of Orlando for $2,850,000. Brad Sinclair, vice president of Hotel AG stated, "The buyer owns several other limited service hotels in the market and was very familiar with the Howard Johnson. His knowledge of the hotel and the market helped facilitate an easy transaction fo... Read More

published: 07-09-2010

Hotel AG Sells Fort Myers-Estero Embassy Suites


Atlanta, GA July 1, 2010– Hotel Assets Group, LLC (Hotel AG), announced today that the firm negotiated the sale of the Embassy Suites located in Fort Myers-Estero, Florida on behalf of Carroll Hotel 21, LLC. The 150-suites property sold to RLJ Real Estate Fund III Acquisitions, LLC for an undisclosed amount. Tom Huegel, vice president of Hotel AG remarked, "This was an excellent acquisition for RLJ Hotels at a cost below replacement value and complements their recent acquisition of the Embassy Suites in downtow... Read More

published: 07-01-2010

Hotel AG Arranges Sale of Lake Oconee Lodge


ATLANTA – August 15, 2011 – Hotel Assets Group, LLC (Hotel AG), announced today that the firm arranged the sale of The Lodge on Lake Oconee in Eatonton, Georgia on behalf of BB&T. The property sold to a private ownership group for an undisclosed amount. "This was a complex transaction due to the hotel/condo structure of the property,'' said Michael Bernath, vice president of Hotel AG. "All of the parties involved worked diligently to get the deal across the finish line.'' Eatonton, Georgia is located appro... Read More

published: 08-15-2011

Hotel AG Represents Windsor Hotels, LLC in the Sale of the Holiday Inn Express i


Atlanta, GA July 1, 2010 – Hotel Assets Group, LLC (Hotel AG), announced today that the firm negotiated the sale of the Holiday Inn Express located in Johns Creek, Georgia on behalf of Windsor Hotels, LLC. The 80-room property sold to Premier Hospitality Investments, Inc. for an undisclosed amount. Victor Kalyanji, vice president of Hotel AG stated, "This was an opportunity for the investor to purchase an interior corridor asset with desirable brand affiliation significantly below replacement cost.'' The Hol... Read More

published: 07-01-2010

Hotel AG Represents Forsyth Inns, Inc. in the Sale of the Holiday Inn Express in


Atlanta, GA July 1, 2010 – Hotel Assets Group, LLC (Hotel AG), announced today that the firm negotiated the sale of the Holiday Inn Express located in Forsyth, Georgia on behalf of Forsyth Inns, Inc. The 121-room property sold to Sairam Hotels, LLC for an undisclosed amount. Tom Huegel, vice president of Hotel AG stated, "This transaction took a lot of cooperation between the buyer, seller, lender and the brand and involved a new USDA loan throw African American Hair Long'>How To Grow African American Hair Long ... Read More

published: 07-01-2010

Hotel AG Lists Best Western-High Point, NC


The Best Western Plus High Point hotel is a 252-room hotel located in downtown High Point at 125 South Main Street. The City of High Point is strategically located within North Carolina’s 12-county Piedmont Triad region, centered between Boston and Miami, Washington and Atlanta, and Raleigh and Charlotte. The Piedmont Triad region is the county’s 37th largest metro area with a population exceeding 1.6 million. Known globally as "North Carolina’s International City'' and "Home Furnishings Capital of the World,'' Hi... Read More

published: 05-21-2011

Hotel AG Lists Salmon River Motel-Salmon, ID


(Approved for  Econo Lodge) The Salmon River Motel is located in the heart of the Salmon River Valley and conveniently located within walking distance to shopping and dining. The Hotel is close to local demand generators such as river rafting and guided fishing (both only one block from the Hotel), guided hunting, back packing, snow skiing, golf and hiking. The Salmon River Motel is a two-story, interior corridor, limited service hotel originally constructed in 2000. The Hotel is comprised of one, two-story building ... Read More

published: 05-25-2011

Hotel AG Lists Rodeway Inn-Tacoma, WA


The Rodeway Inn in Tacoma, WA, 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 Stadium 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 co... Read More

published: 09-21-2011

Hotel AG Lists Red Roof Inn in Savannah, GA


The Red Roof Inn in Savannah, GA, is conveniently located in Savannah, off Interstate 95 via Abercorn Street (S.R. 204) on Stephenson Avenue. Savannah is the county seat of Chatham County, which is Georgia’s northernmost coastal county on the Atlantic Ocean. Historically known as the "Hostess City of the South,'' Savannah attracts a number of visitors to experience the mild climate, historic charm, moderately priced accommodations, and the unique downtown district. The City’s downtown district continues to be one of... Read More

published: 05-15-2010

Hotel AG Lists Red Roof Inn Jacksonville Airport


The Red Roof Inn Jacksonville Airport is located just off Interstate 95, 12 miles north of downtown Jacksonville and 20 miles west of Jacksonville area beaches. The Hotel is approximately two miles from the Jacksonville International Airport and is conveniently located near many local area attractions including the Mayo Clinic College of Medicine, Anheuser-Busch Brewery Tours, ATP Tennis Headquarters, Cummer Museum of Art & Gardens, the Jacksonville Zoo, Jacksonville Big Talbot Island State Park and EverBank Field, ... Read More

published: 10-21-2011

Hotel AG lists Independent Hotel-Ashburn, GA


The Independent Hotel-Ashburn is conveniently located off of Interstate-75 with easy access to key area attractions including the world’s largest peanut, the Crime and Punishment Museum and tours through historic Ashburn. The Property is situated with easy access to the Georgia Agrirama Museum; an 1870’s historic village and agriculture center, it is within close proximity to the Jefferson Davis State Historic Site, the Georgia Veterans Museum, and the Chehaw Wild Animal Park and Wild Adventures Water Park. Addition... Read More

published: 09-15-2011