This award from CoStar is determined by the top deals executed each quarter, based on price and square footage. HVS Brokerage & Advisory was selected for its closing of the Holiday Inn Express & Suites Lubbock Central – University Area, the highest price-per-key hotel sale in the Lubbock market within the past five years.
“I’m pleased that our team has been recognized for the CoStar Power Broker Award. This award and sale represents our team's expertise in bringing liquidity to hotel owners from a nationwide pool of buyers, wherever their assets may be located. We are well versed in a multitude of markets, from small towns to major metros, and everything in between. We look forward to continuing maximizing results for our clients with a strong finish to the year,” said Eric Guerrero, Senior Managing Director, Partner of HVS Brokerage & Advisory.
This recognition demonstrates the HVS team’s commitment to providing clients with the utmost level of satisfaction for their investment sales needs. Mr. Darpan Bhakta, the client in this transaction, confirmed this sentiment, commenting, “I appreciate the HVS team’s speed in generating a competitive market and securing multiple offers for our last remaining property in Lubbock. I look forward to working with Eric’s entire team again.”
Since the division’s opening in 2018, the team has an aggregated deal volume of over $435 million from 62 closings across the country.
About HVS Brokerage & Advisory
The Brokerage & Advisory division is a specialized group within HVS that offers services related to investment sales and capital markets, focused exclusively on the hospitality industry. With a global footprint and over 40 offices nationwide, HVS’s hospitality intelligence and extensive expertise will help you achieve the results you want.Media Contact:
Lizzette Casarin
Senior Marketing Director
[email protected]
+1 (720) 244-7620