Based on surveys submitted to Hotel Business
All 2018 figures are company projections
n/a—not available or not applicable
Atlas Hospitality Group
1901 Main St., Ste. 175, Irvine, CA 92614
949-622-3400
[email protected] • atlashospitality.com
’17 ’18
# of hotels sold: 28 21
Services: Real estate brokerage services in CA hotel sales
Year established: 1997
Top executive: Alan Reay, president
# of offices: 1
# of brokers: 8
Avison Young Hospitality Group
280 Country Club Dr., Ste. 200, Stockbridge, GA 30281
770-692-1605
[email protected] • avisonyoung.com
Services: Hotel real estate brokers, hotel debt and capital markets, hotel M&A
Year established: 1978
Top executive: Keith Thompson, principal
# of offices: 69
# of brokers: 18
Baltes Commercial Realty Ltd.
925 Congress Park Dr., Dayton, OH 45459
937-438-6700 ext. 1
[email protected] • 1bcr.com
’17 ’18
# of hotels sold: 20 21
Net dollar vol. of sales ($M): 73.4 86.1
Net avg. hotel sale ($M): 3.67 4.1
Net avg. price/room ($M): 0.05 0.05
Services: Hotel brokerage and consulting
Year established: 1977
Top executive: Terry Baltes, managing member
# of offices: 1
# of brokers: 1
Brewer Brokerage Company
P.O. Box 33301, Raleigh, NC 27636
919-656-4059
[email protected] • bbchotels.com
Services: Hotel sales and finance
Year established: 1986
Top executive: Ray Brewer, president
# of offices: 1
# of brokers: 2
Brock Hotel Group
4209 Gateway Dr., Ste. 200, Colleyville, TX 76034
817-410-5731
[email protected] • brockhotelgroup.com
Services: Brokerage, financing, BOVs, buyer representation
Year established: 1987
Top executive: Alan Brock, president
# of offices: 1
# of brokers: 2
Brown Nester Hospitality Services Inc.
13677 Laurelhurst Rd., Moorpark, CA 93021
805-496-9797
[email protected] • brownnester.com
’17 ’18
# of hotels sold: n/a 5
Services: Hotel brokerage, consulting, expert witness, broker opinion of value
Year established: 1948
Top executive: Chuck Nester, president
# of offices: 2
# of brokers: 6
Buffalo Hotel-Realty LLC
8750 Main St., Williamsville, NY 14221
716-861-3355
[email protected]
hotel-realty.com
’17 ’18
# of hotels sold: 4 6
Net dollar vol. of sales ($M): 12 18
Net avg. hotel sale ($M): 3 3
Net avg. price/room ($M): 0.03 0.03
Services: Valuation, brokerage
Year established: 2005
Top executive: Larry Best, managing member
# of offices: 1
# of brokers: 2
CAS Associates Inc.
2036 John Rolfe Pkwy., Richmond, VA 23238
804-726-8556
[email protected]
cashotels.com
’17 ’18
# of hotels sold: 14 13
Net dollar vol. of sales ($M): 64.4 40.3
Net avg. hotel sale ($M): 4.6 3.1
Net avg. price/room ($M): 0.05 0.04
Services: Hotel brokerage and loan consulting services
Year established: 2004
Top executive: Steve Albis, president
# of offices: 1
# of brokers: 4
Crystal Investment Property LLC
10260 SW Greenburg Rd., Ste. 400, Portland, OR 97223
503-530-1316
[email protected]
crystalip.com
’17 ’18
# of hotels sold: 21 26
Net dollar vol. of sales ($M): 34.98 95.44
Net avg. hotel sale ($M): 1.67 3.67
Net avg. price/room ($M): 0.05 0.07
Services: Hotel sales, consulting and management in OR, WA, ID and MT
Year established: 2003
Top executive: Joseph Kennedy, president/CEO
# 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
’17 ’18
# of hotels sold: 6 4
Net dollar vol. of sales ($M): 31 15
Net avg. hotel sale ($M): 5 4
Net avg. price/room ($M): 0.18 0.15
Services: Transaction brokerage of full-service, select-service, boutique, limited-service properties and hotel development sites nationwide
Year established: 2010
Top executive: Richard Ehmer, president
# of offices: 1
# of brokers: 2
F10 Hotels
100 Fillmore St., 5th fl., Denver, CO 80206
303-385-8602
[email protected]
f10hotels.com
’17 ’18
# of hotels sold: 5 15
Net dollar vol. of sales ($M): 50 300
Net avg. hotel sale ($M): 10 20
Services: Mortgage brokerage, investment sales, advisory, investment
Year established: 2014
Top executive: Geoff Davis, principal
# of offices: 4
# of brokers: 8
Franchise Capital Advisors
9903 E. Bell Rd., Ste. 130, Scottsdale, AZ 85260
480-355-4392
[email protected]
franchisecapitaladvisors.com
’17 ’18
# of hotels sold: 1 10
Net dollar vol. of sales ($M): 4.5 80
Net avg. hotel sale ($M): 4.5 8
Net avg. price/room ($M): 0.04 0.07
Services: Brokerage, equity raise, debt, M&A, sale leaseback
Year established: 2005
Top executive: Stephen Y. Schwanz, president/managing director}
# of offices: 1
# of brokers: 4
Greene Canfield DeGeorge
2074 Weaver Park Dr., Clearwater, FL 33765
727-447-8383
[email protected]
gcdhotels.com
’17 ’18
# of hotels sold: 3 3
Net dollar vol. of sales ($M): 20 20
Net avg. price/room ($M): 0.10 0.07
Services: Brokerage
Year established: 1987
Top executive: Tony DeGeorge, president
# of offices: 1
# of brokers: 3
Hospitality Associates
P.O. Box 578, Syracuse, NY 13209
315-569-1227
[email protected]
hotelinnvest.com
’17 ’18
# of hotels sold: 4 4
Net dollar vol. of sales ($M): 10 15
Net avg. hotel sale ($M): 2 4
Net avg. price/room ($M): 0.03 0.04
Services: Hotel brokerage, asset management and financing services
Year established: 2004
Top executive: John P. Christopher, president
# of offices: 1
# of brokers: 1
Hotel Brokers Inc.
5414 Pelican Hill Dr., Bakersfield, CA 93312
661-978-3109
[email protected] • hotelbrokersinc.com
’17 ’18
# of hotels sold: 10 13
Net dollar vol. of sales ($M): 67.45 88.5
Net avg. hotel sale ($M): 6.75 6.81
Net avg. price/room ($M): 0.07 0.08
Services: Represents buyer or seller in purchase or sale
Year established: 2013
Top executive: Subhash Naik, president/CEO
# of offices: 1
# of brokers: 3
HotelBrokerOne
5312 N. May Ave., Oklahoma City, OK 73142
405-810-1414
[email protected] • hotelbrokerone.com
’17 ’18
# of hotels sold: 40 40
Services: hospitality invest brokerage specializing in mid-market hotels
Year established: 1987
Top executive: Bruce Holmes, CEO
# of offices: 5
# of brokers: 10
HREC Investment Advisors
6400 S. Fiddler’s Green Cir., Ste. 1730, Greenwood Village, CO 80111
303-267-0057
[email protected] • hrec.com
’17 ’18
# of hotels sold: 65 80
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
’17 ’18
# of hotels sold: 9 10
Net dollar vol. of sales ($M): 30 n/a
Net avg. hotel sale ($M): 3 n/a
Services: Brokerage, consulting, expert witness, BOVs, development services
Year established: 1975
Top executive: H. Brandt Niehaus, president
# of offices: 1
# of brokers: 2
Hunter Hotel Advisors
300 Galleria Pkwy., Ste. 620, Atlanta, GA 30339
770-916-0300
[email protected]
hunterhotels.net
’17 ’18
# of hotels sold: 52 92
Net dollar vol. of sales ($M): 520 900
Net avg. hotel sale ($M): 8.2 8.5
Net avg. price/room ($M): 0.09 0.1
Services: Hotel real estate brokerage specializing in full- and select-service properties, valuation and capital market services, Hunter Hotel conference owner
Year established: 1978
Top executive: Teague Hunter, president
# of offices: 7
# of brokers: 12
HVS
2601 Sagebush Dr., Ste. 101, Flower Mound, TX 75028
919-793-4028
[email protected]
hvs.com
’17 ’18
# of hotels sold: 4 5
Net dollar vol. of sales ($M): 80 50
Net avg. hotel sale ($M): 20 10
Net avg. price/room ($M): 0.16 0.11
Services: Brokerage, financing, equity raising, acquisition support, brand selection, management selection
Year established: 2018
Top executive: Drew William Noecker, managing director
# of offices: 5
# of brokers: 6
Intergroup Realty Inc.
1119A Waverly St., Houston, TX 77008
713-973-2130
[email protected]
intergroupcompanies.com
Services: Brokerage, investment banking and development services nationwide, primarily for off-market and negotiated transactions on middle market through luxury hotels
Year established: 1980
Top executive: Tandy O. Lofland, president
# of offices: 2
# of brokers: 2
Laurel Real Estate Co.
P.O. Box 284, Galena, OH 43021
740-965-1966
[email protected]
laurelhotelbrokers.com
’17 ’18
# of hotels sold: 11 8
Net dollar vol. of sales ($M): 25.4 20
Net avg. hotel sale ($M): 2.3 2.5
Net avg. price/room ($M): 0.02 0.03
Services: Hotel brokerage services in OH and surrounding states
Year established: 1996
Top executive: Errol D’Souza, president
# of offices: 1
# of brokers: 1
Marcus & Millichap
23975 Park Sorrento, Ste. 400, Calabasas, CA 91302
818-212-2250
[email protected]
marcusmillichap.com
’17 ’18
# of hotels sold: 179 n/a
Net dollar vol. of sales ($M): 1.01 n/a
Net avg. hotel sale ($M): 5.63 n/a
Net avg. price/room ($M): 0.05 n/a
Services: Commercial real estate sales, financing, research and advisory services
Year established: 1971
Top executive: Hessam Nadji, CEO
# of offices: 78
# of brokers: 1,841
Maxim Hotel Brokerage Inc.
1303 Avocado Ave., Ste. 225, Newport Beach, CA 92660
949-759-8739
[email protected]
maxim-hb.com
’17 ’18
# of hotels sold: 12 15
Net dollar vol. of sales ($M): 216 300
Net avg. hotel sale ($M): 180 200
Net avg. price/room ($M): 0.12 0.12
Services: Hotel brokerage services through the West and Southwest, including a gaming practice in NV
Year established: 2002}
Top executive: Harry Pflueger/Jack Carr, president
# of offices: 2
# of brokers: 2
Mazili Hotel Group
5501 W. Spruce St., Tampa, FL 33607
813-868-1880
[email protected]
mazilihotelgroup.com
’17 ’18
# of hotels sold: 6 4
Net dollar vol. of sales ($M): 45.83 16
Net avg. hotel sale ($M): 7 6
Net avg. price/room ($M): 0.12 0.12
Services: Hotel brokerage
Year established: 2006
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
’17 ’18
# of hotels sold: 12 14
Net dollar vol. of sales ($M): 39.67 85.38
Net avg. hotel sale ($M): 3.31 6.1
Net avg. price/room ($M): 0.05 0.07
Services: National hospitality real estate brokerage services, hospitality mortgage brokerage services, hospitality broker opinion of value
Year established: 1997
Top executive: Charles H. Fritsch, president
# of offices: 4
# of brokers: 6
Milmark Hotel/Motel Investments LLC
221 Lower Woodford Cir., West Bend, WI 53090
414-255-8719
[email protected]
milmark.com
’17 ’18
# of hotels sold: 1 4
Net dollar vol. of sales ($M): 1.54 14.88
Net avg. hotel sale ($M) 1.54 3.72
Net avg. price/room ($M): 0.03 . 0.04
Services: Member of Hotel Brokers International, licensed in WI and IL
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
434-426-7027
}[email protected]
mumfordcompany.com
’17 ’18
# of hotels sold: 36 40
Services: Hotel brokerage, valuation, advisory services
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 opinion, evaluation of hotel valuation
Year established: 1998
Top executive: Ashok Daftary, broker
# of offices:
# of brokers: 1
Pacifica Capital & Brokerage Inc.
34145 Pacific Coast Hwy. #173, Dana Point, CA 92629
949-429-3511
[email protected]
pacificacb.com
’17 ’18
Net avg. hotel sale ($M): 7 7
Services: Hotel mortgage brokerage services
Year established: 2004
Top executive: Chris A. Chiotis, principal/founder
# of offices: 1
# of brokers: 1
Paramount Lodging Advisors
939 W N. Ave., Ste. 750, Chicago, IL 60642
312-239-0166
[email protected]
paramountlodging.com
’17 ’18
# of hotels sold: 85 n/a
Net dollar vol. of sales ($M): 6.1 n/a
Net avg. hotel sale ($M): 6.25 n/a
Net avg. price/room ($M): 0.1 n/a
Services: Hotel brokerage, hotel financing, hotel equity raise, hospitality consulting, hotel value enhancement advisory
Year established: 2007
Top executive: Daniel Beider, chairman
# of offices: 10
# of brokers: 21
Riley Real Estate Inc.
2380 Yuma Ln., Plymouth, MN 55447
612-227-7077
[email protected]
rileyrealestatehotels.com
Services: Appraisal, brokerage and consulting services for hotels, motels and resorts in MN
Year established: 1992
Top executive: Patrick J. Riley, president/broker
# of offices: 1
# of brokers: 1
Smith Dean Burgett
2050 S. Airport Rd. W.
Traverse City, MI 49684
231-941-1777
[email protected]
smithdeanburgett.com
Services: Hotel valuation analysis, brokerage, advisory services
Year established: 1985
Top executive: Gary Smith, president/CEO
# of offices: 1
# of brokers: 2
SVN Hotels
1001 Wade Ave.,Ste. 111
Raleigh, NC 27605
919-789-5215
[email protected]
svnhotels.com
Services: Hotel advisory, financing, consulting
Year established: 2015
Top executive: Sanjay Mundra, CEO
# of offices: 21
# of brokers: 35
Tri-Point Inc.
6289 Occoquan Forest Dr.
Manassas, VA 20112
703-361-9807
[email protected]
’17 ’18
# of hotels sold: 3 4
Net avg. hotel sale ($M): n/a 10
Services: Hotel brokerage and sites for new development
Year established: 1992
Top executive: Michele A. Saggese, president
# of offices: 1
# of brokers: 1
Vauxhall Advisors
222 Broadway
New York, NY 10038
917-306-2917
[email protected]
vauxhalladvisors.com
’17 ’18
# of hotels sold: 3 5
Net dollar vol. of sales ($M): 25 50
Net avg. hotel sale ($M): 5.5 10
Net avg. price/room ($M): 0.37 0.5
Services: Investment sales, finance advisor (debt, construction, refinance, recapitalizations, equity, platform level investments)
Year established: 2008
Top executive: Paul Arena, president
# of offices: 2
# of brokers: 2
Wason Associates Hospitality Brokerage Group
1 New Hampshire Ave., Ste. 125
Portsmouth, NH 03801
603-776-4982
[email protected]
hospitalityrealestate.com
’17 ’18
# of hotels sold: 6 11
Net dollar vol. of sales ($M): 14 31
Net avg. hotel sale ($M): 2.33 2.82
Net avg. price/room ($M): 0.06 0.04
Services: Brokerage, 1031 tax deferred exchanges, consulting
Year established: 2005
Top executive: Earle B. Wason, president
# of offices: 1
# of brokers: 3
