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Super 8 by Wyndham Houghton Lakes, MI – Photo credit Hotel Brokers International
Alpine Realty Capital continues to be Northern Michigan’s most active hotel broker
Alpine Real Estate Capitala leading hospitality real estate investment advisor and member International hotel brokercompleting another strong sales year in Northern Michigan Super 8 by Wyndham Houghton Lakes, MI. Alpine continues to dominate the northern resort region as it works with hotel owners across the state.
Alpine leverages the power of Hotel Brokers International marketing platform and its website www.hbihotels.com Reach buyers from all over the country. Through this network, Alpine has completed 8 hotel sales in the past 13 months in Northern Michigan alone!
“Northern Michigan hotels are very attractive investment options because of their strong revenue during the peak season and continued expansion during the shoulder and off-season, coupled with the increased cost and difficulty of new development,” said Ed Walsh, president of Alpine Realty Capital. “If you are interested in purchasing a hotel in one of the most beautiful and robust tourism areas in the United States, please contact us to find your property,” Walsh continued.
Alpine works daily with groups seeking opportunities to provide capital investment or otherwise provide a return on equity. In an environment where the supply of accommodation properties for sale is scarce and construction costs remain high, Alpine is seeing increasing interest in acquisitions from various groups, including owner-operators, who are looking to buy below replacement cost and seeking the strong returns that come with participating in the sector.
About Alpine Real Estate Capital
Headquartered in Ann Arbor, Michigan, Alpine Realty Capital is a mortgage banking and real estate brokerage firm specializing in hotel asset investments, valuations, financing, marketing and transactions. Edward P. Walsh, CHB, serves as president and principal broker of Alpine Realty Capital. Mr. Walsh is a dedicated lodging industry professional whose career in the lodging industry spans over 30 years. He has held various positions in consulting, appraisals and, most recently, as a hotel real estate and mortgage broker before founding Alpine Realty Capital in 2007. His expertise includes providing services at all stages of investment, from site selection and acquisition to feasibility analysis and appraisal, and from mortgage financing to construction cost analysis. In total, Mr. Walsh has provided real estate advisory and/or transactional services on over $1 billion worth of hotel real estate assets.
About Broker International Hotel
Founded in 1959, Hotel Brokers International (HBI) is the hotel industry’s most established and experienced network of hotel real estate professionals. With more than 11,000 successful hotel transactions, HBI members are recognized leaders in hotel brokerage, investment advisory and market insights. HBI is the founder and administrator of the Certified Hotel Broker (CHB) program, the only professional certification specifically for hotel brokers. In addition to brokerage services, HBI offers affiliate membership opportunities for professionals in the franchising, lending, appraisal and investment services fields. To learn more, please visit www.hbihotels.com.
For more information please contact:
Edward P. Walsh, CHB, President
Alpine Real Estate Capital
Ann Arbor, Michigan
734.645.2566(c)
ewalsh@alpinerealtycapital.com
Glenda J. Weber, Executive Director
International hotel broker
Kansas City, Missouri
816.505.4315
gwebb@hbihotels.com