All 2020 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/sales, hotel debt
Year established: 1978
Top executive: Keith Thompson, principal
# of offices: 59
# of brokers: 20
Baltes Commercial Realty Ltd.
925 Congress Park Dr., Dayton, OH 45459
937-438-6700
[email protected]
1bcr.com
’19 ’20
# of hotels sold: 22 24
Net dollar vol. of sales ($M): 39.5 60
Net avg. hotel sale ($M): 2.2 2.5
Net avg. price/room ($M): 0.03 0.03
Services: Hotel brokerage and consulting
Year established: 1973
Top executive: Terry Baltes, managing partner
# of offices: 1
# of brokers: 1
Besen Partners
381 Park Ave. S. New York, NY 10016
646-604-7020
[email protected]
besenpartners.com
’19 ’20
# of hotels sold: 2 1
Net dollar vol. of sales ($M): 30 22
Net avg. hotel sale ($M): 15 22
Net avg. price/room ($M): 0.3 0.2
Services: Hotel advisory, investment sales & financing, F&B consulting
Year established: 1988
Top executive: Ron Cohen, chief sales officer
# of offices: 1
# of brokers: 15
Brock Hotel Group
4209 Gateway Dr., Ste. 200, Colleyville, TX 76034
817-410-5731
[email protected]
brockhotelgroup.com
Services: Brokerage, broker price opinions, buyer representation
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 93065
805-409-3532
[email protected]
brownnester.com
’19 ’20
# of hotels sold: 3 5
Services: Hotel brokerage, consulting, expert witness, broker opinion of value
Year established: 1948
Top executive: Chuck Nester, president
# of offices: 2
# of brokers: 5
Buffalo Hotel-Realty LLC
4779 S. Park Ave., Ste. B, Hamburg, NY 14075
716-861-3355
[email protected]
hotel-realty.com
’19 ’20
# of hotels sold: 6 2
Net dollar vol. of sales ($M): 18 6
Net avg. hotel sale ($M): 3 3
Net avg. price/room ($M): 0.03 0.03
Services: Hotel valuation, consulting, financing, brokerage
Year established: 2005
Top executive: Larry Best, managing member
# of offices: 2
# of brokers: 2
CAS Associates Inc.
2036 John Rolfe Pkwy., Richmond, VA 23238
804-726-8556
[email protected]
cashotels.com
’19 ’20
# of hotels sold: 9 10
Net dollar vol. of sales ($M): 43 49.6
Net avg. hotel sale ($M): 4.8 5.0
Net avg. price/room ($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
’19 ’20
# of hotels sold: 25 25
Net dollar vol. of sales ($M): 106.5 112.5
Net avg. hotel sale ($M): 4.3 4.5
Net avg. price/room ($M): 0.09 0.09
Services: Brokerage serving sellers, buyers in Pacific NW, consultation, JVs, exchanges
Year established: 2003
Top executive: Joseph Kennedy, president
# of offices: 2
# of brokers: 5
Hotel Brokers of Austin
15905 Fontaine Ave., Austin, TX 78734
512-423-4421
[email protected]
Services: Hotel brokerage and financing services in Texas
Year established: 1980
Top executive: Jay Weir, president
# of offices: 1
# of brokers: 1
HREC Investment Advisors
6400 S. Fiddler’s Green Cir., Ste. 1730, Greenwood Village, CO 80111
303-267-0057
[email protected]
hrec.com
’19 ’20
Net dollar vol. of sales: 1B 1B
Services: Hotel property and mortgage brokerage
Year established: 1994
Top executive: Michael Cahill, CEO/founder
# of offices: 16
# of brokers: 30
Huff, Niehaus & Associates Inc.
13121 Eastpoint Park Blvd., Ste. B, Louisville, KY 40223
502-254-7787
[email protected]
huffniehaus.com
Services: Brokerage, opinion of values, expert witness, consulting
Year established: 1975
Top executive: Brandt Niehaus, president
# of offices: 1
# of brokers: 2
Laurel Real Estate Co.
P.O. Box 284, Galena, OH 43021
740-965-1966
[email protected]
laurelhotelbrokers.com
’19 ’20
# of hotels sold: 10 12
Net dollar vol. of sales ($M): 23.7 28.8
Net avg. hotel sale ($M): 2.4 2.4
Net avg. price/room ($M): 0.03 0.04
Services: Hotel brokerage in OH, surrounding states
Year established: 1996
Top executive: Errol D’Souza, president
# of offices: 1
# of brokers: 1
Leisure Real Estate Advisors LLC
8725 Rosehill Rd., Ste. 300, Lenexa, KS 66215
913-894-5252
[email protected]
leisurerealestate.com
’19 ’20
# of hotels sold: 15 16
Net dollar vol. of sales ($M): 60 60
Net avg. hotel sale ($M): 4 3.8
Net avg. price/room ($M): 0.08 0.07
Services: Exclusive marketing representation for owners of hotel real estate
Year established: 1998
Top executive: Brent A. Jaynes, managing partner
# of offices: 4
# of brokers: 6
Marcus & Millichap
23975 Park Sorrento, Ste. 400, Calabasas, CA 91302
818-212-2250
[email protected]
marcusmillichap.com
’19 ’20
# of hotels sold: 203 n/a
Net dollar vol. of sales: 1.2B n/a
Net avg. hotel sale ($M): 5.8 n/a
Net avg. price/room ($M): 0.07 n/a
Services: Exclusive Investment advisory and transaction services for hospitality and golf properties
Year established: 1971
Top executive: Skyler Cooper, national director
# of offices: 82
# of brokers: 94
Mazili Hotel Group
3001 N. Rocky Point Dr., Ste. 200, Tampa, FL 33607
813-868-1880
[email protected]
mazilihotelgroup.com
’19 ’20
# of hotels sold: 8 10
Net dollar vol. of sales ($M): 78 150
Net avg. hotel sale ($M): 7.5 8.5
Net avg. price/room ($M): 0.09 0.10
Services: Brokerage, consulting, feasability studies
Year established: 2005
Top executive: Julian Mazili, president
# of offices: 3
# of brokers: 3
MBA Hotel Brokers Inc.
2902 State Rte. 97, Glenwood, MD 21738
410-489-5900
[email protected]
mbahotels.com
’19 ’20
# of hotels sold: 12 18
Net dollar vol. of sales ($M): 36.5 88
Net avg. hotel sale ($M): 3.0 4.9
Net avg. price/room ($M): 0.04 0.05
Services: National hotel brokerage services
Year established: 1997
Top executive: Charlie Fritsch, president
# of offices: 7
# of brokers: 7
Milmark Hotel/Motel Investments LLC
221 Lower Woodford Cir., West Bend, WI 53090
414-255-8719
[email protected]
milmark.com
’19 ’20
# of hotels sold: 4 4
Net dollar vol. of sales ($M): 5.8 6.9
Net avg. hotel sale ($M) 1.5 1.7
Net avg. price/room ($M): 0.02 0.03
Services: Lodging property sales
Year established: 1954
Top executive: Jennifer Church, president
# of offices: 1
# of brokers: 2
MPV Properties
2400 S. Blvd., Ste, 300, Charlotte, NC 28203
704-367-5010
[email protected]
mpvre.com
’19 ’20
# of hotels sold: 1 3
Net dollar vol. of sales ($M): 11 19
Net avg. hotel sale ($M): 11 6.0
Net avg. price/room ($M): 0.1 0.07
Services: Sales, acquisition, property management
Year established: 2010
Top executive: Jim Merrifield, partner
# of offices: 1
# of brokers: 41
Mumford Company
729 Thimble Shoals Blvd., Ste. 7-B, Newport News, VA 23606
757-873-0962
[email protected]
mumfordcompany.com
’19 ’20
# of hotels sold: 41 45
Services: Full-service hotel advisory firm specializing in brokerage, valuation and consulting for mid-market and economy hotels
Year established: 1978
Top executive: Ed James, managing principal
# of offices: 5
# of brokers: 10
OM Realty Finance Co.
3204 Lanarc Dr., Plano, TX 75023
972-612-0000
[email protected]
omrealtyfinance.com
’19 ’20
# of hotels sold: n/a 6
Net dollar vol. of sales ($M): n/a 25
Net avg. hotel sale ($M): n/a 6.0
Net avg. price/room ($M): n/a 0.08
Services: Brokerage, consulting, expert testimony
Year established: 1997
Top executive: Ashok Daftary, broker
# of offices: 2
# of brokers: 2
Pacifica Capital & Brokerage Inc.
34145 Pacific Coast Hwy. #173, Dana Point, CA 92629
949-429-3511
[email protected]
pacificacb.com
Services: Real estate & mortgage brokerage services, purchase, refinance, construction, mezz/bridge, hard money, equity
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
’19 ’20
# of hotels sold: 85 100
Net dollar vol. of sales ($M): 550 800
Net avg. hotel sale ($M): 6.5 8.0
Net avg. price/room ($M): 0.06 0.06
Services: Hotel brokerage, hotel financing, hotel equity raise, hospitality consulting, hotel value enhancement advisory
Year established: 2007
Top executive: Daniel Beider, chairman
# of offices: 12
# of brokers: 23
Smith Dean Burgett
2050 S. Airport Rd. W., Traverse City, MI 49684
231-941-1777
[email protected]
smithdeanburgett.com
Services: Hotel real estate brokerage, valuation & advisory services
Year established: 1985
Top executive: Gary Smith, president/CEO
# of offices: 1
# of brokers: 2
Vauxhall Advisors
222 Broadway, New York, NY 10038
917-306-2917
[email protected]
vauxhalladvisors.com
’19 ’20
# of hotels sold: 2 4
Net dollar vol. of sales ($M): 210 400
Net avg. hotel sale ($M): 50 60
Net avg. price/room ($M): 0.25 0.2
Services: Capital advisory and investment sales-debt and JV equity across capital stack; platform/entity-level operating
Year established: 2014
Top executive: Paul Nicholas Arena, COO
# of offices: 2
# of brokers: 3
Wason Associates Hospitality Brokerage Group
1 New Hampshire Ave., Ste. 125, Portsmouth, NH 03801
603-766-4982
[email protected]
hospitalityrealestate.com
’19 ’20
# of hotels sold: 5 8
Net dollar vol. of sales ($M): 37.3 46.9
Net avg. hotel sale ($M): 7.5 5.9
Net avg. price/room ($M): 0.08 0.10
Services: Brokerage, 1031 tax-deferred exchanges, consulting
Year established: 2005
Top executive: Earle B. Wason, president
# of offices: 1
# of brokers: 3
