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Hotel AG Closes 10 Transactions Since July 1st

Monday, July 21, 2014
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Hotel Assets Group, LLC
Hotel Assets Group, LLC
Hotel Brokerage

Hotel Assets Group, LLC (Hotel AG), announced today the firm has closed 10 separate hotel real estate transactions since July 1st.

The transactions consist of 4 full-service hotels and 6 select service hotels. The full-service hotels represented include a large Crowne Plaza in New England, a 300+ room convention hotel in a Northeastern Seaboard state, a Marriott in an upper Midwest state and an IHG hotel in the Pacific Northwest. The select service hotels include a seven-story independent hotel at a major university campus; a Springhill Suites in Pinehurst, North Carolina; 2 Fairfield Inns and 1 Hampton Inn in the Southeast; and 1 Holiday Inn Express in the greater Orlando market.

“We continue to see very strong fundamentals in hotel real estate investing,” remarked H. Keith Thompson, principal of the firm. “The transaction market today is very accretive to investors.”

The firm has 40 hotels under sale agreement with closings scheduled over the next several months.

About Hotel AG
Hotel AG is a national hotel brokerage firm headquartered in Atlanta, Georgia with offices around the country. The firm has been involved in 1 hotel transaction every 5 days for the past 3 years. Today, Hotel AG has 208 hotels on the market with a market cap value of $2.7 billion. The firm specializes in select service and full-service hotels within the US and works with CMBS lenders, whole loan banks, REITs, public companies, investment funds and private investors. The firm has 16 national brokers and 21 partners and can be found online at www.hotelassetsgroup.com.

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