HREC Investment Advisors and HREC Capital Markets Group announced the sale and financing of the 319-guest room Hilton New Orleans Airport located in Kenner serving New Orleans, Louisiana.
Future casino development looks strong from 2006 through 2009
Each year, the think tank members of 'LIIC – The Lodging Industry Investment Council' are surveyed to develop a list of the major hotel investment opportunities and challenges for the coming year. This survey results in the LIIC Top Ten; a well-regarded profile of investment sentiment and attitudes for the lodging industry for the forthcoming 12 months.
HREC Investment Advisors have arranged the sale of the 106-room Hampton Inn Savannah North in Savannah, Georgia on behalf of The Kessler Collection. The buyer of the property was Newport Hospitality Group, Inc.
Each year, the think tank members of “LIIC – The Lodging Industry Investment Council” are surveyed to develop a list of the major hotel investment opportunities and challenges for the coming year.
(Denver, CO): HREC Investment Advisorssm has arranged $18.5 million of permanent debt financing for two Wisconsin hotels, the Radisson Paper Valley Hotel, a 390-room, full-service conference facility located in the City of Appleton and the Holiday Inn, a 107-room, full-service hotel located in Neenah on behalf of Oly/Montclair Wisconsin Hotels LLC.
(Denver, CO; Chicago, IL): Lodging industry deal veteran, Scott Stephens, has joined Denverbased HREC Investment Advisors, a national hotel industry brokerage and investment banking firm. Mr. Stephens will be the Principal in charge of the new Tampa, Florida office.
(Denver, CO; Chicago, IL): Lodging industry deal veteran, Rick George, has joined Denverbased HREC Investment Advisors, a national hotel industry brokerage and investment banking firm. Mr. George will be the Principal in charge of the new Chicago, IL office.
(Denver, CO): HREC Investment Advisors has arranged $50.5 million of permanent debt financing for the 720-room, five property Gulph Creek Hotels’ portfolio. Gulph Creek Hotels is based in Wayne, Pennsylvania (outside of Philadelphia).