mixed used assets
Evaluating Hospitality-Focused Mixed-Use Assets
Tim Sauer | July 25, 2016
HVS's Mixed-use appraisal expert Tim Sauer, MAI lays out some of the considerations for the evaluation of hospitality-focused mixed-use assets By Tim Sauer As Americans continue to "rediscover" urban areas, they not only seek-out these areas as places to live but also as places to stay when they travel. These walkable neighborhoods offer residents and visitors ready access to civic, economic, and social nodes, to which local hotels can provide access for guests. This results in demand from more segments of hotel guests than if the hotel were located near a single demand driver. Additionally, hotels in these areas are often less susc...