For 25 years we have been licensed in Kansas, representing owners of hotel assets. We personally meet with owners at the property. It would be our privilege to visit with you about your hotel and the hotel real estate market! QUALITY INN – – Hays, KS (I-70) Investment Highlights … View Article
2 Iowa Hotel Closings in the last 30 Days! The Super 8 in Urbandale/Des Moines and the Microtel Inn & Suites in Colfax For 25 years we have been licensed in Iowa and representing owners of hotel assets. We personally meet with owners at the property. It would be our privilege to visit with you… View Article
April 4, 2023 2:22 pm
Hospitality Investment Update – April 2023 LEISURE REAL ESTATE ADVISORS, LLC ANNOUNCES THE SALE OF HOLIDAY INN EXPRESS, FREMONT, NE Leisure Real Estate Advisors, LLC, is pleased to announce it has arranged the sale of the Holiday Inn Express, 2415 N. Lincoln, Fremont, NE. Leisure Real Estate Advisors, LLC based in the Kansas City metro… View Article
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
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
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 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? 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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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