Hospitality Investment Update – Another Deal Done
February 2, 2023 6:07 pm
LEISURE REAL ESTATE ADVISORS, LLC ANNOUNCES THE SALE OF THE ROCK PORT, MO TWO PROPERTY PORTFOLIO! Leisure Real Estate Advisors, LLC, is pleased to announce the December sale of the 2 property portfolio, the Super 8 and the Rock Port Inn. The buyer was Fontella, Inc, a company with local holdings. The combined listing price… View Article
HOSPITALITY INVESTMENT UPDATE: LEISURE REAL ESTATE ADVISORS IS AT IT AGAIN!!
January 24, 2023 4:23 pm
LEISURE REAL ESTATE ADVISORS IS AT IT AGAIN!!
Those Leisure guys are at it again.
May 19, 2022 3:54 pm
THOSE LEISURE GUYS ARE AT IT AGAIN!!!
Another Sale – – 75 Days from Listing to Closing!
May 6, 2022 10:29 am
Leisure Real Estate Advisors, LLC, is pleased to announce it has arranged the sale of the Monument Inn & Suites in Gering/Scottsbluff, NE. Leisure Real Estate Advisors, LLC, based in metro Kansas City, represented the seller, American Lodging, LLC, in the transaction. Gering Hotel Venture, LLC, purchased the 60-unit hotel for an undisclosed price. The… View Article
Its those Leisure guys again…….closing another hotel deal.
March 30, 2022 1:03 pm
Leisure Real Estate Advisors, LLC, is pleased to announce it has arranged the sale of the COMFORT INN & SUITES NE on Rock Road in Wichita KS. Leisure Real Estate Advisors, LLC based in metro Kansas City, represented the Wichita KS based owners, RK Hotel, LLC, on this exclusive assignment. The listing price was $6,000,000…. View Article
Check out this new listing. Where is this cash flow, there is always demand for investment.
November 5, 2021 1:28 pm
Check out this new cash flow listing. Guaranteed corporate contract income, plus transient guests. No franchise fees. Very little effect from Covid-19. See the executive summary at: https://www.leisurerealestate.com/…/restfull-inn…/
Is NOW a good time to sell my hotel?
August 24, 2021 11:11 am
Is NOW a good time to sell my hotel? Over the course of the last 18 months, our answer to the above question was changed several times, from YES, to NO, and then to YES again. Early in the pandemic (2020), we misread the virus, the pundits, and history itself, thinking the we could emerge… View Article
Winner of $250 Gift Card – 2021 AAHOACON
August 13, 2021 10:33 am
Congratulations to Victor Patel, the winner of a $250 VISA Gift Card for those attendees that registered at our booth at last week’s 2021 AAHOACON in Dallas! We enjoyed seeing old friends, meeting new friends and getting together. We look forward to seeing everyone next April in Baltimore and please remember us for all of… View Article
Visit Us at the 2021 AAHOA National Convention in Dallas
July 22, 2021 3:18 pm
We’d love to have you stop buy 2021 AAHOA National Convention & Trade Show in Dallas on August 4th & 5th. Stop by our booth #1417 and register for a $250 Visa Gift Card! Get More information Here
Increase your chances of getting a deal done, starting with your offer
March 19, 2021 3:13 pm
Increase your chances of getting a deal done but started with your offer
So you want to buy a cash flow distressed hotel asset and finance the acquisition? – read on.
March 2, 2021 11:34 am
In a previous Post, we described a segment of the hotel investment market that has been quite active, and that is, those cash flow offerings of $5MM and under. We further described what one might expect as one attempts to finance one of these assets, particularly those that cash flow and particularly in the Covid… View Article
New directive for SBA 504 & 7 (a) loans
February 26, 2021 6:29 pm
I know we all love government programs and as a matter of fact, our company has benefited greatly from the SBA backed funding of many of our deals. However, the SBA loan incentive package that was presented in Jan through the CARES Act, has now been revised, and the SBA now says it will only… View Article
Need Hotel Financing During a Pandemic?
February 8, 2021 12:14 pm
Need Hotel Financing During a Pandemic?
Beware – Section 36.302 (e) is out there.
February 4, 2021 10:59 am
If Section 302 (e) does not ring a bell in your head, you should probably continue reading, especially if you own none branded hotels. Martin Orlick, Chair of JBBM’s ADA Compliance & Defense Group has published an article in the Feb 3, 2020 Hotel Online newsletter which address the pitfalls behind 28C.F.R. Section 36.302 (e). … View Article
SBA relief…….a new stimulus for hospitality
January 22, 2021 5:02 pm
For those that are considering a purchase of hotel, the benefits can also be substantial.
Update from Leisure Real Estate Advisors
January 14, 2021 12:17 pm
Many of us in the hotel business are not sad to see 2020 go. 2020 was a challenging year for many, however, trial always brings innovation, coupled with persistence. I am sure most of us had to adjust on the fly, because the suddenness of the pandemic had very little historical context to draw on. … View Article
Comments on hotel financing – new mid-market offerings
June 22, 2020 3:47 pm
No one in the hotel business has been unaffected by the Covid 19 pandemic, including this firm. However, obstacles always precede opportunity. We have always taken pride in our ability to market hotels for sale, and we will continue to do so. Deals are getting done, but they do look a bit different that a… View Article
Another slap in the face from Covid
June 4, 2020 3:01 pm
In an effort to provide posts with meaningful content to hoteliers, we will try to do just that. To that end, Hotel Business online newsletter published this story today, and it is an eye opener……….New Cleaning Protocols Could Cost $130K+ Yearly Per Hotel
New Hotel Investment Offerings
June 2, 2020 10:47 am
We certainly know that the investment climate is not yet anywhere near “post-Covid” status. However, we want you to be aware of the latest upper mid market hotel offerings that we have for sale. Many are located in very good markets pre-Covid, and we believe they will return to that status. Please use the following… View Article
Is Meth the New “Mold”
August 25, 2016 8:58 am
The manufacturing of methamphetamine leaves residues that can be quite toxic. As a result, regulations have been instituted to protect the public from housing where previous meth use and manufacturing took place. The original meth regulations were brought to be through the extensive use of residual housing to manufacture the meth products. Meth use and… View Article
May 31, 2016 3:25 pm
In the past, I have written about a variety of ADA (Americans with Disabilities Act) articles penned by others, including attorneys with ADA specialties. I have always been a big fan of Jim Butler and his global hospitality team, JMBM, based in CA. I don’t often run at Jim’s level of the hospitality business, but… View Article
Have we reached the price peak
April 8, 2016 8:56 am
For those of us who have been in this business long enough to experience numerous cycles, they all have similarities. Since the recession, we have come off several years of significant expansion, including escalating prices. Although we are emerging from a much deeper hole than past cycles, the expansion has been notable. I am often… View Article
March 30, 2016 11:31 am
Many hoteliers I talk to are not that concerned about the impact of AirBnB. However, our location in the Midwest might have something to do with that response. If you are in a gateway city or similar high profile destination, you might think differently. Check out the article posted in Hositality Business News regarding the… View Article
March 11, 2016 10:46 am
My colleagues and I are inside more hotels than most people. And we routinely see deficiencies relating to the American Disabilities Act. I am not an expert on the Act and therefore, I do not know if the deficiencies are related to the “reasonable accommodation” standards. However, I highly suspect many do not meet that… View Article
February 9, 2016 9:09 am
For those of us who have experienced multiple real estate cycles, we are looking for signs of overheating, and we are not the only ones. Lenders are too. The following links to an article by Fitch Ratings posted on Hotel Online, provides an overview you might find interesting. http://zmaildirect.com/tr/d/m3b737z3ad37z32v32h33938j35632837l32l00/109/435119
New web design
February 7, 2015 11:22 am
If you have browsed our website before, you may have noticed that we recently launched our new website design. We are commuted to provide our visitors with an easy to navigate site. Furthermore, we do not want you jump through hoops, just to review our listing portfolio, or to view basic, non confidential information. You… View Article
Leisure Real Estate Advisors has launched into the Blogosphere
July 31, 2010 7:21 am
Napoleon Hill, an American author, once said, “Don’t wait, the time will never be quite right”. And so it is with Leisure Real Estate Advisors and network media. I must admit, I have resisted for quite awhile, but we have finally taken the plunge into the blogosphere. As a result, welcome to my 1st post. At Leisure… View Article