Includes Broker and Salesperson of Year
Hunter Realty, a nationwide hotel investment advisory firm, recently received four top honors for excellence in hotel real estate brokerage in 2010 from Hotel Brokers International, the world’s leading hotel real estate sales organization. The awards and recipients are:
- Broker of the Year—Hunter Realty’s president, Teague Hunter, CHB, accepted the award on behalf of the seven-office firm. It is the third consecutive year that Hunter Realty has taken the award. “We took a contrarian stance several years ago and added new offices and associates while others were shrinking, and the strategy has paid off,” said Hunter. “We expect to set a record in transactions in 2011, both in the full-service and select-service segments. We now are a truly national firm and have significantly increased our bench strength and relationships within the industry with owners, buyers, brands and capital providers.”
- Salesperson of the Year—For the second straight year, Kyle Stevenson, senior vice president and head of Hunter’s Washington, D.C. office, received the top individual sales honor. “Kyle is a great sales professional and team player,” said Lee Hunter CHB, ISHC, chief operating officer of Hunter Realty. “He brings significant expertise in financing and provides our clients with valuable insights into markets, trends and pricing.”
- New Associate of the Year—Gary Mills, vice president and head of the firm’s Dallas office, received top honors for his 2010 sales results as a new member in the HBI association in 2011. “Gary’s background and strong relationships with hotel owners and operators were instrumental in quickly bringing our Dallas office into full production,” said Lee Hunter.
- Unique Deal of the Year—The firm notched the unique deal with the sale of two adjoining downtown Atlanta hotels to Georgia State University. The transaction, which encompassed 453 rooms in two hotels adjacent to the university campus, created a win-win situation by providing much-needed student housing at an attractive price below replacement cost and a fair value for the seller’s real estate in a challenging market.
About Hunter Realty
Hunter Realty, an award-winning firm founded in 1978, has offices in Atlanta, Chicago, Dallas, Los Angeles, Miami, Minneapolis, and Washington, D.C. Hunter’s exclusive focus is on hotel investment advisory services. Additional information, including current listings, is available at the company’s website, HunterHotels.net, or by contacting the Atlanta office at 770-916-0300.
About Hotel Brokers International
Hotel Brokers International is the industry’s leading hotel real estate sales organization. Since its founding in 1959, HBI Brokers have successfully negotiated more than 10,000 hotel transactions and in the most recent fifteen years have been responsible for nearly 48 percent of all mid-market hotel sales transacted in the United States alone. With a database currently comprising more than 200 property listings, the HBI website attracts more than 30,000 monthly site visitors from approximately 40 different countries. HBI is founder and host of the popular Hotel Investor’s Marketplace – an informational webcast series that provides investors the latest updates on hotel listings, finance, franchise, and industry trends. HBI also developed the Certified Hotel Broker designation program which has raised the industry standards and set the benchmark for hotel brokerage professionalism. The organization also publishes TransActions Recap, the industry’s leading source of hotel real estate sales data.
In addition to broker services, HBI offers affiliate membership to professionals in allied fields, including franchising, lending, appraisals and investment services. For more information about HBI’s hotel listings, brokerages or to become a broker or affiliate member, HBI may be accessed online at www.hbihotels.com.
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