Calling all hotel buyers looking to buy a profitable Super 8 in the Midwest! All too often we are asked to call a buyer if we pick up a listing in the metro Kansas City area. In this case, the Super 8 in Atchison, Kansas is located only 40 minutes north of the metro area. Why doe… View Article
Brent has been made a recipient of the 2013 CoStar Power Broker award. The award is given to brokers who are leaders in investment property sales and in Brent’s case, it is in hotel real estate.
Leisure Real Estate Advisors, LLC announces a price reduction of the Super 8 in Toledo, Iowa. The list price has been reduced by $125,000 to $1,325,000. This 49 unit, 2-story Super 8 represents a solid opportunity to purchase a well established property in central Iowa. The hotel is located directly on Iowa Highway 30, which is… View Article
Leisure Real Estate Advisors, LLC announces it has been retained as the exclusive marketing agent for the 128 key Days Inn & Suites located at the Des Moines, IA Airport. “This Days Inn & Suites, located at the Des Moines Airport, carries all of the attributes of a quality hospitality investment,” says Dave Jones, Senior… View Article
Leisure Real Estate Advisors, LLC announces it has been retained as the exclusive marketing agent for the 49 key Super 8 located in Toledo, IA. “Super 8 is an excellent flag for mid-market investors,” says Dave Jones, Senior Investment Advisor with Leisure Real Estate Advisors. ”The Super 8 in Toledo represents a solid opportunity to… View Article
2012 was a very good year for Leisure Real Estate Advisors, with 2013 looking very positive. One thing about hotel real estate that never seems to change… something is always happening with these assets. Even with the economic uncertainty, within our firm the number of transactions for cash flow deals has increased while the number… View Article
4.28% is the most recent 20 year rate for the SBA 504 program. As most of you know, this rate is fixed for 20 years, if held to full term. Based on the nature of these debenture loans, the published offered rate changes monthly. However, it is safe to say that the fixed nature of… View Article
Most of us in the hotel bidness have heard or read about the new SBA 504 and 7 (a) enhancements passed recently in HR 5297. The highlights of the bill increased the maximums under the SBA 504 and 7 (a) loans to $5 million. In the case of the 504, the $5M maximum (for hotels) could translate… View Article