Total $0.00


ATLANTA – August 2, 2017 – The Avison Young Hospitality Group announced today that it brokered nine hotel transactions in July, including locations in the Pacific Northwest, Southeast and Midwest. Andy Broad, Thierry Roch, Niven Patel, Collin Foran, Wendy Blissett, Victor Kalyanji, Rick George, Mike George and Eric Gunderson represented Avison in the transactions.

The hotels include a historic property in Houston’s central business district (CBD), two Marriott-branded hotels, three all-suite hotels, two Florida select service hotels and a hotel in San Francisco.

“July’s closings are indicative of the strength of today’s equity market,” said H. Keith Thompson, principal at Avison Young. ” We believe we are in the window of this market cycle and most experts believe it will soften soon.”

The Hospitality Group, which consists of 22 brokers, currently has 209 hotels on the market, totaling $5 billion.

“As we continue to grow, we will be looking to add seasoned brokers to our roster that fit Avison’s upward trajectory,” said Thompson.

About Avison Young

Avison Young is the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 2,400 real estate professionals in 80 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial, multi-family and hospitality properties.

Contact: Mike Rieman / (404) 816-2037

About Avison Young Hospitality Group

Avison Young Hospitality Group is a national hotel practice group supported by 2,300 employees in 69 North American office locations. The firm currently has 209 hotels on the market totaling $5 billion in market value and for the past five years, the firm has been involved in one hotel transaction every five days. Avison Young Hospitality Group specializes in select service and full service hotels within the U.S. and works with CMBS lenders, whole loan banks, REITs, public companies, investment funds and private investors. More information about the hospitality group can be found at under the “services” tab.

Related News

Avison Young Hospitality Group First Quarter Review

Maxim Hotel Brokerage Announces Several California, Nevada, Arizona and Portfolio Hotel Closings

Australia Gives Go Ahead for AccorHotels Acquisition of Mantra Group

Hotel Transactions in India: What Will Move the Needle?

Avison Young Hospitality Group Announces January 2018 Closings

Hotel Sales Volume Declines, Average Price Per Room Increases Moderately

Authenticity Confronts Branding: Non-Branded Hotel Properties Offer Great Opportunity to Those Who Understand the Market

RLH Corporation Executes Five Hotel Purchase and Sale Agreements

Avison Young Hospitality Group Has Another Strong Year in 2017

Rockbridge, in a Joint Venture with Musselman Hotels Management, Acquires Kentucky's Seelbach Hilton Hotel

Sonnenblick-Eichner Company Arranges $16,750,000 of First Mortgage Acquisition Financing for the Normandy Hotel, Washington, D.C.

Avison Young Hospitality Group Announces Closings

Paramount Lodging Advisors Sells 12th Consecutive Property in the Indiana Market

Avison Young Hospitality Group Announces Summer 2017 Closings

Avison Young Hospitality Group Announces Six Hotel Closings in August

Avison Young Hospitality Group Announces 5 Over 5

Avison Young Hospitality Group Announces Nine Closings in June

Sale of Sheraton Metairie - New Orleans Hotel Facilitated by The Plasencia Group

Avison Young Hospitality Group Spotlights Chris Stark, Eric Gunderson and Michael Bernath

Avison Young Hospitality Group Spotlights Brad Sinclair and Andy Broad

All News »

Please login or register to post a comment.