Firm looking to add talent in the United States and Canada
February 13, 2017
ATLANTA – Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that its newly formed hospitality group is planning rapid expansion in the United States and Canada.
The Hospitality Group, currently comprised of 21 US brokers, has 190 hotels on the market, totaling $3 billion. Since Avison Young announced the purchase of Atlanta-based Hotel Assets Group (Hotel AG) last month, the group has added new brokers in Washington D.C. and expects to add several experienced brokers throughout the United States in the immediate future. Additionally, the firm has plans to rapidly expand its talent in Canada by purchasing a Canadian hotel brokerage firm or existing team.
“Our 2017 growth objective is to end the year with 30-plus talented and well-respected hotel brokers,” said Keith Thompson, principal at Avison Young, who was previously with Hotel AG. “We are excited about future growth in our hospitality practice. In 27 years of working in this sector, I have never been involved with a more talented and respected firm.”
The group, which specializes in select service and full service hotels within the U.S., works with CMBS lenders, whole loan banks, REITs, public companies, investment funds and private investors. In the past month alone, the firm has been engaged on $300 million dollars’ worth of new assignments.
“Avison Young’s platform provides the best in class splits, deep capital markets talent, engagement ability along all asset classes and a growth perspective unseen in the hospitality industry,” said Thompson. “With the support of more than 2,400 Avison Young employees in 71 North America offices, we are reaching avenues of income unseen before in the hospitality brokerage space.”
Those interested in applying, can contact Keith Thompson at keith.thompson@avisonyoung.com or 770-692-1605.
For additional information about Avison Young’s Hospitality Group, visit www.avisonyoung.com and click on the services tab. More information about Avison Young can also be found on its blog, Twitter, YouTube and LinkedIn.
