Tag Archives: hotel

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

 

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. Continue reading