Hotel Properties For Sale in New York City - DOMAIN PROPERTIES 212-741-9700
Hotel Developments & Joint Ventures With more experience in
the lodging development in the NYC and available sites.
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Hotel Due Diligence With years of experience in the hotel
real estate. We negotiate & investigate every transaction buyer and seller
benefits
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Asset Management & Acquisitions Acquire a portfolio and
selected properties with us and we can even arrange the asset
management for excellent growth.
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Hotel Receivership services to secure and stabilize the asset in
NYC. We act immediately. Having acted as a court-appointed
receiver, we understand that a hotel receiver can have a significant impact.
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Domain Properties Sells the Avalon Hotel NYC -
Another Hotel Represented by Domain Properties
New York, NY, March 12th, 2012- Upscale Avalon Hotel New York City Sold - Another Hotel
Represented by Domain Properties
The Avalon Hotel NYC
Domain
Properties announced today that the firm has closed on the sale
of the Avalon, midtown luxury hotel located at 16 East 32nd Street
New York, NY 10016. Haim Yagen, Domain's principal represented
seller and buyer.
The upscale Four star, 100 large rooms,
12-story, 71,250-square-feet building is a unique property in a
prime midtown location. The property was managed by Vincci Hotel
Management prior to the acquisition.
Domain Properties has been actively engaged in representation of
Hotel Portfolios for Sellers and Buyers of OFF-MARKET properties
including Operating Hotels, Hotel Development Sites and Hotel
Conversion Sites, including Luxury Hotels,
Trophy Hotels,
Upscale Hotels, Select Hotels and
Boutique Hotels in
New York City and beyond.
Domain Properties continues to represent Private Investment
Entities, Pension Funds, REIT's, Hotel Management Companies, Asset
Management Firms and Sovereign Funds in search of equity rich
quality hotel properties in NYC.
To have Domain Properties represent your Hotel or Hotel portfolio
or For complete OFF-MARKET listings of hotels for sale in New York
City, please go to
www.Domain-Properties.com For a complimentary valuation of your
hotel, email us
Hotels@Domain-Properties.com call 212-741-9700.
Contact:
Haim Yagen, President
Domain Properties
43 West 33rd Street Suite 200
New York NY 10001
Phone: 212-741-9700
Hotels@Domain-Properties.com
For more information a complimentary hotel valuation or to hire
Domain Properties visit
http://www.Domain-Properties.com
Successful Start for NYC Hotels - Hotel Real Estate in New York City
Hotel demand is on the rise. There is every reason to be optimistic about the future of New York City hotels. Buyers and sellers of NYC hotels – 2011 is YOUR year.
The current rise in hotel demand is a pleasant surprise – even for experts such as Colliers PKF Hospitality Research and Smith Travel Research. Industry leaders had not predicted the rapid growth making itself evident at the close of 2010 and start of the New Year.
noticeable increases in Revenue per Available Room (RevPAR) are fueling the U.S. hotel industry. (Charts 1&2)
Strengthening Economy
It would be foolhardy to ignore that the country is in a recovering economy – but an ever-strengthening economy. During 2011, the NYC hospitality business will see even better results than last year. In 2010, Smith Travel Research (STR) released encouraging statistics. This knowledgeable group predicted that hotel demand would rise by 7.4% with a 2% increase in supply.