Latest Press Releases

HotelBrokerOne sells the Holiday Inn Express & Suites – Lewisville, Texas

Lewisville, TX – In late May 2022, HotelBrokerOne completed the sale of an 89 room Holiday Inn Express & Suites located near Vista Ridge Mall and I-35 in Lewisville, TX.  The hotel opened in 2001 and received a substantial upgrade in 2018. It has been awarded IHG’s prestigious Torchbearers Award continuously since 2016, IGH’s highest award for customer satisfaction.

Joe Strain of HotelBrokerOne said, “Given the location and quality of the hotel, we were able to generate a significant amount of interest.” Bert Stevens of HotelBroker...

HotelBrokerOne announces the passing of Bernard Levine, hotel pioneer

Phoenix, AZ – HotelBrokerOne announces the passing of Bernard Levine, hotel pioneer, who passed away on September 25, 2021, after a long illness.  Bernie was well known in the Ar...

Bert Stevens joined HotelBrokerOne in August 2021 as a broker in their Dallas office. Bert brings over 49 years of commercial brokerage sales experience, including working as a broker for CBRE (formerly lnsignia/ESG) in 1996 to open the firm’s Hotel Partners office in Dallas. Bert focuses on small and large single asset transactions and portfolio sales throughout the central United States, specializing in key Texas markets. Significantly, Bert was involved in the six-hotel Medallion Portfolio and Four Seasons Las Colinas, Texas transaction and has handled the sales of 125 hotels nationwide with a total purchase price of over $909 million. He served as a principal in Westbrooke Hospitality Corporation for over 20 years where he was responsible for the operations and financial management of 54 hotels.

Broomfield, CO – HotelBrokerOne (“HB1”) Denver completed the sale of the land at 460 Flatirons Blvd. in Broomfield, Colorado on June 30, 2021. Pivot Development Co., an Indiana-based multifamily residential developer, is planning a large, new apartment community near the intersection of Flatiron Boulevard and Interlocken Loop. The complex will be known as The Lock at Flatirons. Matt Hare, President of Pivot announced permits are in hand for The Lock at Flatirons, which will be Pivot’s inaugural development in Colorado. The project’s 261 units will offer upscale lifestyle features including upgraded fixtures and finishes plus amenities for residents of the 675-1425-square-foot unit mix. Monthly rents will range from $1400 to $3500. Amenities will include a rooftop lounge with the enviable Flatirons vista, fitness center, pool, bike storage and stations and secure access parking. Ground floor retail will include a mix of artisan food and beverage and...

Oklahoma City, OK – HotelBrokerOne (“HB1”) recently completed the sale of the Holiday Inn Express & Suites Quail Springs in Oklahoma City, Oklahoma. This limited service, 92-unit hotel is located in Northwest Oklahoma City, at the crossroads of the John Kilpatrick Turnpike/Interstate 44 and Lake Hefner Parkway. The hotel overlooks the Quail Creek Golf and Country Club. HB1 CEO and founder, Bruce Holmes said “This was a unique and highly desirable asset. The highly sought after Memorial growth corridor and physically attractive location led to substantial interest from the market.” Holmes went on to state “This is a strong indicator that hotel investment deals and values are beginning to rebound nicely after over a year’s decline in transactions during the pandemic.” After a short term national marketing effort led to multiple offers, the hotel sold on June 15 with a publicly recorded sales price of $4.75M. The Oklahoma based inv...

HotelBrokerOne sells Cobblestone Inn & Suites in Eaton, CO

Eaton, CO – HotelBrokerOne (“HB1”) recently completed the sale of the Cobblestone Inn & Suites in Eaton, Colorado.  This limited service, 45-unit hotel is located just East of Fort Collins and North of Denver.  

The hotel was sold May 14 for $3.1M, after a national marketing effort led to a large number of offers from local and national buyers. Cobblestone Hotels is a rapidly growing national franchise that provides quality rooms to small towns. The property will remain a Cobblestone Inn with the new o...

HotelBrokerOne Sells Comfort Suites in NW Dallas

 

Dallas, TX – HotelBrokerOne (“HB1”) completed the sale of the Comfort Suites in NW Dallas, Texas.  This limited service, comprehensively renovated, 103-unit 4 story hotel is located near Love Field and adjacent to the I-35 corridor.  The hotel was sold May 19, 2021 for an undisclosed price to a California buyer with previous hotel experience.  The new owner will manage the hotel as a Comfort Suites. 

 

HotelBro...

HotelBrokerOne sells Aloft Bricktown OKC to Hawkeye Hotels

Oklahoma City, OK – HotelBrokerOne (“HB1”) recently completed the short sale of the Aloft Downtown Bricktown in Oklahoma City, OK.  The modern, full service, 134-unit hotel was sold to Hawkeye Hotels, a national hospitality investment company based in Iowa City, IA.

The hotel was sold March 9 for an undisclosed price, after a national marketing effort led to a large number of offers from local and national buyers. Broker Ted Holmes said, “We were extremely happy with the national interest we received from...

Bedford, TX – The Dallas and Oklahoma City offices of HotelBrokerOne have completed the sale of the 243 room Holiday Inn Bedford, TX to an undisclosed local buyer.  The six story hotel, located south of the DFW Airport, has a history of excellent performance.  No plans were disclosed by the purchaser regarding future renovation plans.  Joe Strain and Bruce Holmes represented the seller in this transaction. HotelBrokerOne is a national hotel brokerage firm that has sold over 800 hotels since inception.  For more information go to B22E6"> read more >>