Qualified Buyer Seeking 3 Types Of Hotel Assets
We have a qualified buyer who is seeking 3 types of hotel assets. These hotels must be cash flowing. They prefer REOs, but will consider NPNs. They like acquisitions where there is an opportunity to reposition the asset.
CRITERIA
Asset type: Full service – upper scale
Locations: Nationwide – MSA and CBD
150+ Keys
Asset type: Select service
Locations: Nationwide – Urban core markets
150+ Keys
Asset type: Independent, “boutique” hotels (4 or 5 star only)
Locations: Nationwide
50+ Keys
They will also consider JV opportunities, but will only consider if they have the opportunity to manage the property.
Contact me at Lon @ cascadefallsinvestments.com with any hotels that match the above criteria.
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