All 2019 figures are company projections
Based on surveys submitted to Hotel Business
n/a = information was not available
Avison Young Hospitality Group
280 Country Club Dr., Ste. 200, Stockbridge, GA 30281
770-692-1605
[email protected]
avisonyoung.com
Services: Hotel brokerage, hotel lending
Year established: 1978
Top executive: H. Keith Thompson, principal
# of offices: 59
# of brokers: 22
Baltes Commercial Realty Ltd.
925 Congress Park Dr., Dayton, OH 45459
937-438-6700
[email protected]
1bcr.com
’18 ’19
# of hotels sold: 20 18
Net dollar vol. of sales ($M): 36 39.5
Net avg. hotel sale ($M): 1.7 2.2
Net avg. price/room ($M): 0.02 0.02
Services: Hotel brokerage and consulting
Year established: 1973
Top executive: Terry Baltes, managing partner
# of offices: 2
# of brokers: 1
Brock Hotel Group
4209 Gateway Dr., Ste. 200, Colleyville, TX 76034
817-410-5731
[email protected]
brockhotelgroup.com
Services: Brokerage, buyer representation, consulting .
Year established: 1987
Top executive: Alan D. Brock, president
# of offices: 1
# of brokers: 2
Brown Nester Hospitality Services Inc.
13677 Laurelhurst Rd., Moorpark, CA 93021
805-496-9797
[email protected]
brownnester.com
’18 ’19
# of hotels sold: n/a 5
Services: Borkerage, consulting, opinion of value, exclusive buyer/seller representation
Year established: 1948
Top executive: Chuck Nester, president
# of offices: 5
# of brokers: 5
Buffalo Hotel-Realty LLC
4801 S. Park Ave., Ste. B, Hamburg, NY 14075
716-861-3355
[email protected]
hotel-realty.com
’18 ’19
# of hotels sold: 4 5
Net dollar vol. of sales ($M): 12 15
Net avg. hotel sale ($M): 3 3
Net avg. price/room ($M): 0.05 0.05
Services: Hotel brokerage, valuation, financing and management consulting
Year established: 2004
Top executive: Larry Best, managing member
# of offices: 2
# of brokers: 2
CAS Associates Inc.
2036 John Rolfe Pkwy., Richmond, VA 23238
804-726-8556
[email protected]
cashotels.com
’18 ’19
# of hotels sold: 11 10
Net dollar vol. of sales ($M): 40 45
Net avg. hotel sale ($M): 3.6 5.7
Net avg. price/room ($M): 0.05 0.06
Services: Hospitality brokerage, loan consulting services
Year established: 2004
Top executive: Steve Albis, president
# of offices: 1
# of brokers: 4
Crystal Investment Property LLC
600 NE 99th St., Vancouver, WA 98665
503-530-1316
[email protected]
crystalip.com
’18 ’19
# of hotels sold: 20 29
Net dollar vol. of sales ($M): 45.5 109.1
Net avg. hotel sale ($M): 2.4 4.0
Net avg. price/room ($M): 0.05 0.08
Services: Hotel sales and acquisitions in OR, WA, ID and MT. Targeted asset procurement. Confidential sales. All asset types.
Year established: 2003
Top executive: Joseph Kennedy, president
# of offices: 4
# of brokers: 5
Davis Hotel Capital
100 Fillmore St., 5th Fl., Denver, CO 80206
303-385-8602
[email protected]
dhotelcap.com
’18 ’19
# of hotels sold: 5 9
Net dollar vol. of sales ($M): 100 200
Net avg. hotel sale ($M): 20 20
Services: Focus on captial markets, placing debt, equity and selective investment sales
Year established: 2017
Top executive: Geoffrey Davis, senior principal
# of offices: 3
# of brokers: 4
The Ehmer Group
1000 Green St., Ste. 105, San Francisco, CA 94133
415-225-5176
[email protected]
ehmergroup.com
’18 ’19
# of hotels sold: 4 5
Net dollar vol. of sales ($M): 2 2.5
Net avg. hotel sale ($M): 5 5
Net avg. price/room ($M): 0.15 0.15
Services: Boutique hotel brokerage and consulting company offering advisory services, acquisition and disposition of hospitality and gaming assets in the U.S. and abroad with a primary focus on the West Coast
Year established: 2010
Top executive: Richard Charles Ehmer, president
# of offices: 1
# of brokers: 2
Franchise Capital Advisors
9903 E. Bell Rd., Scottsdale, AZ 85260
480-355-4392
[email protected]
franchisecapitaladvisors.com
’18 ’19
# of hotels sold: 10 3
Net dollar vol. of sales ($M): 80 600
Net avg. hotel sale ($M): 8.0 46.2
Net avg. price/room ($M): 0.08 0.14
Services: Hotel sale leaseback
Year established: 2005
Top executive: Stephen Y. Schwanz, president/managing director
# of offices: 1
# of brokers: 6
Hotel Brokers of Austin
15905 Fontaine Ave., Austin, TX 78734
512-423-4421
[email protected]
Services: Hotel brokerage, loan brokerage, consulting
Year established: 1980
Top executive: Jay Weir, president
# of offices: 1
# of brokers: 1
HREC Investment Advisors
6400 S. Fiddler’s Green Cir., Ste. 1730, Greenwood Village, CO 80111
303-267-0057
[email protected]
hrec.com
’18 ’19
Net dollar vol. of sales: 1B 1.1B
Services: Hotel property and mortgage brokerage
Year established: 1994
Top executive: Michael Cahill, CEO/founder
# of offices: 16
# of brokers: 30
Huff, Niehaus & Associates Inc.
13121 Eastpoint Park Blvd., Ste. B, Louisville, KY 40223
502-254-7787
[email protected]
huffniehaus.com
’18 ’19
# of hotels sold: 11 9
Services: Hotel brokerage, opinion of values, expert witness, consulting
Year established: 1975
Top executive: Brandt Niehaus, president
# of offices: 1
# of brokers: 2
Hunter Hotel Advisors
4401 Northside Pkwy. NW., Ste. 920, Atlanta, GA 30327
770-916-0300
[email protected]
hunterhotels.net
’18 ’19
# of hotels sold: 112 120
Net dollar vol. of sales ($M): 801.8 940
Net avg. hotel sale ($M): 14.3 15
Net avg. price/room ($M): 0.09 0.1
Services: Hotel real estate brokerage specializing in full- and select-service properties, valuation and capital market services
Year established: 1978
Top executive: Teague Hunter, CEO
# of offices: 6
# of brokers: 13
Laurel Real Estate Co.
P.O. Box 284, Galena, OH 43021
740-965-1966
[email protected]
laurelhotelbrokers.com
’18 ’19
# of hotels sold: 6 10
Net dollar vol. of sales ($M): 15.1 26.1
Net avg. hotel sale ($M): 2.5 2.6
Net avg. price/room ($M): 0.03 0.04
Services: Represent hotel sellers and buyers in OH, surrounding states
Year established: 1996
Top executive: Errol D’Souza, president
# of offices: 1
# of brokers: 1
Leisure Real Estate Advisors LLC
9725 Rosehill Rd., Ste. 300, 913-499-4731
[email protected]
leisurerealestate.com
’18 ’19
# of hotels sold: 17 15
Net dollar vol. of sales ($M): 75 60
Net avg. hotel sale ($M): 5 4
Net avg. price/room ($M): 0.08 0.08
Services: Exclusive agents to owners of hotel and resort real estate
Year established: 1998
Top executive: Brent A. Jaynes, managing partner
# of offices: 4
# of brokers: 6
Mazili Hotel Group
3001 N. Rocky Point Dr., Ste. 200, Tampa, FL 33607
813-868-1880
[email protected]
mazilihotelgroup.com
’18 ’19
# of hotels sold: 8 10
Net dollar vol. of sales ($M): 58 96
Net avg. hotel sale ($M): 7.9 8.2
Net avg. price/room ($M): 0.08 0.08
Services: Hotel brokerage, feasability studies, construction planning
Year established: 2005
Top executive: Julian Mazili, president
# of offices: 2 # of brokers: 2
MBA Hotel Brokers Inc.
2902 Rte. 97, Glenwood, MD 21738
410-489-5900
[email protected]
mbahotels.com
’18 ’19
# of hotels sold: 8 18
Net dollar vol. of sales ($M): 28.7 68.3
Net avg. hotel sale ($M): 3.6 3.8
Net avg. price/room ($M): 0.06 0.04
Services: Hotel brokerage services, capital markets advisory
Year established: 1997
Top executive: Charlie Fritsch, president
# of offices: 6 # of brokers: 7
Milmark Hotel/Motel Investments LLC
221 Lower Woodford Cir., West Bend, WI 53090
414-255-8719
[email protected]
milmark.com
’18 ’19
# of hotels sold: 3 5
Net dollar vol. of sales ($M): 10.7 6.2
Net avg. hotel sale ($M) 3.5 1.2
Net avg. price/room ($M): 0.6 0.2
Services: Lodging property sales
Year established: 1954
Top executive: Jennifer Church, president
# of offices: 1 # of brokers: 2
Mumford Company
729 Thimble Shoals Blvd. Ste. 7-B, Newport News, VA 23606
757-873-0962
[email protected]
mumfordcompany.com
‘18 ’19
# of hotels sold: 30 45
Services: Full-service hotel advisers specializing in hospitality brokerage, asset valuation and consulting
Year established: 1978
Top executive: Ed James, managing principal
# of offices: 5
# of brokers: 10
OM Realty Finance Co.
3204 Lanarc Dr., Plano, TX 75023
972-612-0000
[email protected]
omrealtyfinance.com
Services: Hotel/motel brokerage, expert testimony
Year established: 1997
Top executive: Ashok Daftary, broker
# of offices: 1
# of brokers: 2
Pacifica Capital & Brokerage Inc.
4145 Pacific Coast Hwy. #173, Dana Point, CA 92629
949-429-3511
[email protected]
pacificacb.com
Services: Hotel, motel and gas station financing source for owners and investors throughout the U.S.
Year established: 2002
Top executive: Chris A. Chiotis, principal/founder
# of offices: 1
# of brokers: 1
Paramount Lodging Advisors
1290 N. Clybourn Ave., Chicago, IL 60610
312-239-0166
[email protected]
paramountlodging.com
’18 ’19
# of hotels sold: 82 44
Services: Hotel brokerage, hotel financing, hotel equity raise, hospitality consulting, hotel value enhancement advisory
Year established: 2007
Top executive: Daniel Beider, chairman
# of offices: 12
# of brokers: 22
The Poler Team
19301 NE 8th Ct., Miami, FL 33179
954-600-0880
[email protected]
thepolerteamhotels.com
’18 ’19
# of hotels sold: 1 1
Net dollar vol. of sales ($M): 8 20.1
Net avg. hotel sale ($M): 8 20.1
Net avg. price/room ($M): 0.08 0.1
Services: Hotel brokerage and consulting
Top executive: Noel Poler, founder
# of offices: 1
# of brokers: 2
Riley Real Estate Inc.
1360 Walnut Grove Ln. N., Plymouth, MN 55447
612-227-7077
[email protected]
rileyrealestatehotels.com
Services: Appraisal, brokerage and consulting services for hotels and motels in MN
Year established: 1992
Top executive: Patrick J. Riley, president/broker
# of offices: 1
# of brokers: 1
Roberts Hospitality
400 Spear St., Ste. 106, San Francisco, CA 94105
415-706-4955
[email protected]
robertshospitality.com
’18 ’19
# of hotels sold: n/a 3
Net dollar vol. of sales ($M): n/a 102
Net avg. hotel sale ($M): n/a 32.7
Net avg. price/room ($M): n/a 0.1
Services: Hotel brokerage and investment
Year established: 2019
Top executive: Bob Eaton, broker
# of offices: 2
# of brokers: 2
Smith Dean Burgett
2050 S. Airport Rd. W., Traverse City, MI 49684
231-941-1777
[email protected]
smithdeanburgett.com
Services: Hotel brokerage, valuation, advisory services
Year established: 1985
Top executive: Gary Smith, president
# of offices: 1
# of brokers: 2
Wason Associates Hospitality Real Estate Group
1 New Hampshire Ave., Ste. 125, Portsmouth, NH 03810
603-757-4982
[email protected]
hospitalityrealestate.com
’18 ’19
# of hotels sold: 11 7
Net dollar vol. of sales ($M): 31 55.3
Net avg. hotel sale ($M): 2.8 7.9
Net avg. price/room ($M): 0.04 0.08
Services: Brokerage, 1031 tax-deferred exchanges, consulting
Year established: 2005
Top executive: Earle B. Wason, president
# of offices: 1
# of brokers: 3