Categories
General

2012: Top Brokers

Continuing with the 2012 review, here is a snapshot of the 2012 Top 5 Brokerage Firms rankings as they stand on March 6, 2013. The data is dynamic and changes when new transactions are introduced in the dataset. For the full and most up-to-date 2012 list, you can go to theĀ hotel, office, retail and residential rankings. Don’t forget the “Top Broker” dropdown menu to see who is the most active year-to-date (2013) or create your own custom period (the default gives you the all-time ranking).

The table reflects United States only transactions as outside of the U.S., regrettably, our database does not have many datapoints. We welcome your input. The same is true for our Office, Retail and Residential data, even in the U.S. As a broker, you’ve worked hard to put the transaction(s) together. Shouldn’t you get credit for it? Register for OpenComps for free and update the transactions you’ve worked on or give us your unrecorded transactions. If you prefer to just email us, you can do so at tips@opencomps.com. Send us your one transaction or the in-house spreadsheet if you are that productive. You deserve the credit!

Finally, the table representsĀ top sell-side brokers. In OpenComps we also track buy-side brokers. But let’s be frank, sell-side is where the action is.

2012 Top 5 Brokers

 

Categories
General

2012: Look back in Hotels

As a follow up to the 2012 Year in Review for Hotels, we thought this graph would be interesting to highlight the slowdown in hotel transactions we observed in 2012. Hopefully, in 2013, we’ll see a return to growth.

2008-2012 Hotel Recorded Transactions

And hopefully in 2013 we will also make such trend information more easily and interactively available right within OpenComps.

Categories
General

2012: Year in Review

Here at OpenComps we hope that everyone had good holidays. Before we plunge into a hopefully busy 2013, we wanted to take a general look at what happened in OpenComps’ dataset in 2012 as of today January 2, 2013:

Categories
Transactions

Apple (REIT) does it again: Blackstone to Acquire Apple REIT Six for $1.15 Billion

Apple – no, not this Apple – (REIT Six) is raking in cash. And so is it’s top executive.

As announced recently, Blackstone struck a deal to acquire Glade Knight’s Apple REIT Six for $1.15 billion or approximately $150,000 per room. Apple REIT Six is comprised of 66 upscale, extended-stay and select-service hotels or 7,658 rooms of mostly Hilton (Hilton Garden Inn, Hampton Inn and Homewood Suites) and Marriott (Residence Inn, Fairfield Inn and TownPlace Suites) branded properties. We have them all in OpenComps: see the portfolio breakdown! So, after Apple REIT successfully exited its Apple Hospitality Two (sold to ING Clarion in May 2007 for $890 million) and Apple Hospitality Five (sold to Inland American Real Estate Trust in October 2007 for $677 million), Mr. Knight pulls out of The Great Recession unscathed… and actually with quite a few nickels in the pockets of his shareholders and, most importantly, himself.

Categories
Updates

.com or .info. Your choice. Or simply OpenComps.

Although we acquired the opencomps.com domain a few years ago, and many of you founds on that address through general Internet searches, we continued to use the .info domain in the site’s branding and email addresses. We believed that this gave you, the users, a clue of what to expect on the site – (valuable) information.

However, we’ve often heard the question: “What was your site called again?”. And having people remember the .info at the end seemed elusive for many folks. Many just wanted to remember “OpenComps” and naturally append “.com”.

So, as part of our on-going re-engineering efforts, we have decided to re-brand the site to simply “OpenComps” and switch all domains and email addresses to opencomps.com. .Info domain and email addresses still work just as well, but we hope you will find it easier to remember the site and our email addresses with a .com ending.

.com or .info, we look forward to seeing you around and hearing from you.

Categories
Updates

New integrated subscription system

In late November, we launched a new integrated subscription system that will hopefully make subscribing and maintaining your subscription to OpenComps easier, more secure and convenient.

Categories
General

Welcome to OpenComps Blog

We are happy to announce that today we are launching our company blog at http://www.opencomps.com/blog. We plan on using this venue to keep you updated on where OpenComps is heading: tweaks, updates, maintenance and vision for the site.

We will also share with you our thoughts on real estate transactions, industry trends and other entrepreneurial thoughts. These thoughts are not likely going to be ground-breaking but, hopefully, they will give you enough of a new perspective that you find them educational and entertaining.

Since starting the site in May 2006, we have been humbled by people’s positive response on the site usefulness, speed and usability. We thank you for your support and look forward to continuing to serve you.