ATLANTA – March 17, 2020 – Avison Young Hospitality Group announced the firm closed five separate hotel transactions last week. The property closings were in Connecticut, Pennsylvania, North Carolina and one closing at the Atlanta Airport. Brands ranged from Marriott select service hotels to various other brand families. The hotels were all under 200 rooms each and were in suburban and tertiary markets reflective of the ever-changing investment cycle.
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. The company, founded in 1978, comprises approximately 5,000 real estate professionals in 120 offices in 20 countries. The firm’s experts provide value-added, client-centric investment sales, leasing, advisory, management and financing services to clients across the office, retail, industrial, and multi-family and hospitality sectors.
Contact: Keith Thompson
keith.thompson@avisonyoung.com/770.692.1605
About Avison Young Hospitality Group
Avison Young Hospitality Group currently has 156 hotels on the market totaling $2.4 billion in market value. Young Hospitality Group 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. Visit Avison Young’s hospitality group online at www.avisonyoung.com under the “services” tab.