Leisure Real Estate News

Leisure Real Estate Advisors announce over $30 Million in sales

Sunday, December 19 2004 2:00 PM
Categorized In Default News Article Category

(LEAWOOD- KS)-- The sale of hotel assets within the midwest and nationally continue at a very active pace. Since the tragedy and terror of 9/11, the hospitality travel industry has steadily reclaimed lost business to generate record revenues in 2004. Industry pundits predict continued occupancy, rate and revenue growth through 2007. The revival of business and transient travel, as well as record low interest rates, has fueled a lively climate of deal making.

Leisure Real Estate Advisors, LLC based in Leawood specializes in the sale of hotel real estate. Formed in 1998, Leisure Real Estate Advisors has grown to become one of the leaders in hotel brokerage, regionally and nationally. Within the past six months Leisure Real Estate Advisors has brokered over $30 Million in regional and local hotel assets. “We have been very pleased with the growth of our sales revenue,” says Brent Jaynes, Director of Brokerage Services. We have added two key experienced senior brokers who have dramatically contributed to our growth. Given our success, we have definite plans to continue our expansion by adding quality, experienced people”.

Of the recent closings, several of the most noteworthy included a two-property Country Inn and Suites portfolio, located in Lincoln, NE and Salina, KS. The listing price was $11 million and was brokered by Rick Hagerman, Senior Investment Broker in the Leawood office.

Other recent local sales include the Holiday Inn Express, Lee’s Summit, Missouri, the Hampton Inn in Topeka, Kansas, the Holiday Inn Express, Beatrice, Nebraska and the Days Inn, McCook, Nebraska, the latter being sold by Michael Works, Senior Associate, in the Lincoln, NE office. “We are very optimistic about the future, comments Jaynes. Although hotels are often thought to be somewhat volatile, they also represent an operating business with a significant real estate component, a business model that will always attract investment. Going forward, we plan to play a major role in helping owners and investors”.

Leisure Real Estate Advisors is an affiliated company to the Kansas-based Leisure Group of Companies, a full service hospitality company that provides the entire spectrum of hotel real estate services from development, management, finance, human resources, IT services, marketing and brokerage services. Leisure is one of the industry’s fastest growing multifaceted full service hotel companies in the United States with corporate offices in the Kansas City Metro area.

For additional information about the Leisure Real Estate Advisors and its services, visit the company’s website at www.leisurerealestate.com or contact Brent Jaynes directly at 913-894-5252.

New Associate Hire

Sunday, December 19 2004 1:56 PM
Categorized In Default News Article Category

Leisure Real Estate Advisors, LLC continues growth, hires new Associates (LEAWOOD, KS) -- Brent Jaynes, Director of Real Estate for Leisure Real Estate Advisors, LLC proudly announced today the appointments of Rick Hagerman, Senior Associate – Kansas City and Mike Works as Senior Associate- in the newly formed Lincoln, NE office. Jaynes commented, “It is with great pleasure that we announce Mr. Hagerman and Mr. Works as part of our real estate team. Mr. Hagerman’s experience in originating, structuring, and acquiring investments within the hotel real estate industry is unsurpassed as is Mr. Works' experience in owning and operating hotels, and arranging financing and refinancing in the millions of dollars. Both gentlemen offer extensive knowledge of the hotel business and will be of great assistance to us as we continue our expansion efforts in 2004.”

Mr. Hagerman has completed over 96 acquisitions, dispositions, and asset restructuring totaling over $400 million. He previously served as Director of Real Estate for American Executive Management Company, where he served as lead manager in brokerage and site acquisitions. As Director of Real Estate Acquisitions for Selco, he assisted in the placement of over $130 million in debt and equity to facilitate several acquisitions through Bear Stearns and Westinghouse. Mr. Hagerman has a Bachelor of Science in Business from Kansas State University with a minor in Psychology.

Mr. Works is the previous owner of Midwest Hotel Motel Brokers, LLC, located in Lincoln, Nebraska, and owns and operates several hotels and motels in the Midwest. Mike is a licensed attorney in both Nebraska and Wisconsin and has extensive experience in hotel brokerage legal matters including contractual obligations, zoning and subdivision issues. Mr. Works graduated cum laude from the University of Wisconsin Law School in 1995. He earned his Bachelor’s degree with high distinction from Concordia College in Seward, Nebraska, where he was given the award of Outstanding Liberal Arts Student. Leisure Real Estate Advisors, LLC hires new Associates February 13, 2004

Founded in 1998, Leisure Real Estate Advisors, LLC has rapidly grown to become one of the industry’s fastest-growing hotel brokerage firms. With offices in the Kansas City Metro area and in Lincoln, Nebraska, LREA specializes in custom marketing plans using the latest technological developments and is regarded as one of the leading hotel brokers in the nation by industry publications. Leisure Real Estate Advisors is frequently quoted and included in HOTEL BUSINESS® as well as the HOTEL BUSINESS® Green Book, the most comprehensive source book for information on the hotel industry. Leisure Real Estate Advisors operates as an affiliate company of Kansas-based Leisure Group of Companies, which specializes in the development, management and real estate of hotels in the limited-service, suite-, resort- and full-service markets.

For additional information about Leisure Real Estate Advisors and its services, visit the company’s website at www.leisurerealestate.com or contact the company directly at 913-894-5252.

Division of Leawood, Kansas, Leisure Group of Companies ranks in HOTEL BUSINESSĀ®

Friday, December 19 2003 1:57 PM
Categorized In Default News Article Category

(LEAWOOD, KS) -- Steve Olson, President and CEO of the Leisure Group of Companies, proudly announced today that its Leisure Development LLC division merited a number 84 ranking in the HOTEL BUSINESS® Top 100 Owners and Developers national list (September 7, 2003) and that its Leisure Real Estate Advisors division was included and quoted in an October 7, 2003, feature story on the future of hotel brokerage.

Olson commented, “To be in the Top 100 list of Owners and Developers with companies such as Host Marriott, John Q. Hammons Hotels, and Outrigger Enterprises is quite a recognition. It is a testament to our rapid growth, as the rankings were based on the number of actual rooms owned and developed in 2002. We adopted an aggressive and expanded growth policy last year that we are continuing, and we look forward to boosting our ranking in the future.

Our inclusion in the HOTEL BUSINESS® “Brokers Find Active Property Transaction Market” feature story also signifies regard for Leisure as an industry leader, and we are very proud of this reputation. As quoted in that story, activity and inquiry (through Leisure Real Estate Advisors) remain high, so our outlook is positive. Leisure will continue its commitment to quality performance in the various aspects of our work in the hospitality industry, and we look forward to our continued upward escalation in all divisions.”

Leisure Hotels & Resorts is a third-party management group that operates as a division of Kansas-based Leisure Group of Companies, which specializes in the development, management and brokerage of hotels in the limitedsuite-, resort- and full-service markets. Employing more than 700 people, it is one of the industry’s fastest growing multi-faceted hotel companies in the U.S., with offices in the Kansas City Metro area and in Hutchinson, Kansas. Using the latest in technological developments, Leisure Hotels & Resorts provides its hotels with complete operational and financial services, as well as extensive human resource training and development. Leisure is consistently recognized among the top owners/developers and management companies in the nation by leading industry publications.

Leisure Hotels, LLC manages twenty-four (24) hotels in Kansas, Iowa, Missouri and New Mexico. It comprises a variety of well-known brands, including Holiday Inn Express Hotel and Suites, Hampton Inn, Hawthorn Suites, Microtel Inn and Suites, Best Western, Days Inn and Super 8. Additional Leisure managed properties are set in Kansas in 2003 and 2004, as well as Minnesota in 2004. For additional information about the Leisure Group of Companies and its services, visit the company’s website at www.leisurehotel.com or contact the company directly at 913-905-1460.

Continued Growth

Friday, December 19 2003 1:53 PM
Categorized In Default News Article Category

(LEAWOOD, KS) -- Brent Jaynes, Director of Real Estate for Leisure Real Estate Advisors, LLC proudly announced today the appointments of Rick Hagerman, Senior Associate – Kansas City and Mike Works as Senior Associate- in the newly formed Lincoln, NE office. Jaynes commented, “It is with great pleasure that we announce Mr. Hagerman and Mr. Works as part of our real estate team. Mr. Hagerman’s experience in originating, structuring, and acquiring investments within the hotel real estate industry is unsurpassed. Rich has nearly 20 years experience in hotel real estate and has developed a vast array of contacts in the industry. Rick’s deal making capabilities will greatly benefit any who engage his services.

Mr. Works will provide our clients a unique perspective into the hotel business. As an attorney and hotel owner, Mike offers a beneficial combination of skills not commonly found in the brokerage business. Mike’s legal, operational and transaction exposure will be valuable to any of his clients. Both gentlemen offer a high level of expertise and integrity and will be of great assistance to us as we continue our expansion efforts in 2004.”

Mr. Hagerman has completed over 96 acquisitions, dispositions, and asset restructuring totaling over $400 million. He previously served as Director of Real Estate for American Executive Management Company, where he served as lead manager in brokerage and site acquisitions. As Director of Real Estate Acquisitions for Selco, he assisted in the placement of over $130 million in debt and equity to facilitate several acquisitions through Bear Stearns and Westinghouse. Mr. Hagerman has a Bachelor of Science in Business from Kansas State University with a minor in Psychology.

Mr. Works is the previous owner of Midwest Hotel Motel Brokers, LLC, located in Lincoln, Nebraska, and owns and operates several hotels and motels in the Midwest. Mike is a licensed attorney in both Nebraska and Wisconsin and has extensive experience in hotel brokerage legal matters including contractual obligations, zoning and subdivision issues. Mr. Works graduated cum laude from the University of Wisconsin Law School in 1995. He earned his Bachelor’s degree with high distinction from Concordia College in Seward, Nebraska, where he was given the award of Outstanding Liberal Arts Student.

Founded in 1998, Leisure Real Estate Advisors, LLC has rapidly become one of the industry’s fastest-growing hotel brokerage firms. With offices in the Kansas City Metro area and in Lincoln, Nebraska, LREA specializes in custom marketing plans using the latest web based technological developments, printed materials and sales campaigns. Leisure Real Estate Advisors is frequently quoted and included in HOTEL BUSINESS® as well as the HOTEL BUSINESS® Green Book, the most comprehensive source book for information on the hotel industry. For additional information about Leisure Real Estate Advisors and its services, visit the company’s website at www.leisurerealestate.com or contact the company directly at 913-894-5252 or 402-421-8014.

Among Top 100 Hotel Brokers in the Nation

Monday, November 27 2000 2:01 PM
Categorized In Default News Article Category

OVERLAND PARK,KS –  – Leisure Real Estate Advisors, L.L.C., has again ranked among the “Top 100 Hotel Brokers” in the nation according to Hotel Business, a leading trade publication. With offices in Overland Park, Kansas, and Denver, Colorado, Leisure Real Estate Advisors specializes in the marketing and sale of hospitality properties including inns, hotels, and motels. Since its inception in 1997, Leisure Real Estate Advisors has tripled its yearly listing and closing volumes. In addition to the complete sales and marketing services of hotel properties, the company also offers exclusive listing, disposition, asset management, fee management, construction management, and development services.

From the Kansas City office, Brent Jaynes, Director of Real Estate, offers expertise in the development of custom marketing plans and comprehensive disposition services for the marketing and sell of hotel assets. Kevin O’Neil, managing broker of the Denver office, directs marketing efforts throughout the western United States.

“We are pleased to be recognized in the top 100 hotel hospitality brokerage firms by Hotel Business,” said Jaynes. “ In a short amount of time, our marketing programs have provided a wide exposure for a growing list of clients as well as our company.” Leisure Real Estate Advisors finds their highest investor demand occurs in the limited-service segment with specific interest in franchised properties less than 10 years old, as owners/operators and partnerships seek to expand their local portfolios.

However, the strength of Leisure Real Estate Advisors’ marketing position and the company’s versatility is evidenced by its recent selection as the exclusive marketing agent for the sale of the award winning Inn at Willowbend in northeast Wichita. Adjacent to the renowned Willowbend Golf Course and County Club, the 44-unit upscale inn is located north and east of Rock Road and Highway 96, and is the recipient of a rare AAA Four-Diamond rating—one of two such designations in Kansas. The inn offers non-traditional hotel accommodations in a variety of elegant suites to corporate and retreat clients, as well as leisure travelers.


Essential to the marketing strategy of Leisure Real Estate Advisors is a strong presence on the Internet assuring a well-planned venue of exposure for its properties. Descriptions and photographs of current properties available through Leisure Real Estate Advisors may be viewed at the company website, www.leisurerealestate.com. This fully developed website plus additional advertisements and web connections insure that Leisure clients receive the most strategic marketing services that cutting edge technology can offer. As a part of the Hutchinson, Kansas-based Leisure Group of Companies, additional information about the company’s services is also available at www.leisure-hotel.com.