Especially since the beginning of 2011, NYC hotels have become the favorite of smart investors. Confidence in the NYC hotel industry is growing in leaps and bounds. TOP Hotel Brokers of NYC, a prestigious NYC company handling hotels for sale in New York, hotel acquisition/disposition, hotel financing, hotel joint venture, and 1031 exchange hotels, as well as Hotel Real Estate Investment Trust (REIT), explains the reasons behind the recent increase in transactions.
10 Reasons Why NYC Hotels Appeal to Investors
How To Find - NYC Hotels For Sale
TOP Hotel Brokers of NYC reveals that there are plenty of hotels for sale in New York City and now is the best time to invest in the industry. Hotel investment opportunities abound in this thriving metropolis. The NYC hotel sector is experiencing a never-before-seen boom in business.
Finding hotels for sale in NYC is not a complicated process. Check out the latest hotel deals with the help of TOP Hotel Brokers of NYC. With more than two decades of experience in the industry, this expert team 'know' hotels in New York City. The company is familiar with all NYC hotel properties and the different factors that would influence an investor's decision including location, significance, and profitability.
During 2011, hotel investment has been very competitive in the New York City market. Overall sales have exceeded previous estimates. The current growth is expected to continue in the coming years.
NYC Hotels For Sale Releases Details of Recent NYC Hotel Transactions
Contact TOP Hotel Brokers of NYC for NYC Hotel Investments
TOP Hotel Brokers of NYC Deals Directly with Principals and Investors
OFF MARKET Hotel Investment NYC
The Big Apple saw record tourism last year. Generally, the hospitality industry has undergone improvements. In fact, Michael Stoler, president of New York Real Estate TV LLC and a managing director at Madison Realty, has confirmed the popularity of investing in NYC hotels. Several properties are owned by local independents. Within this asset class, the most active participants are real estate investment trusts and private-equity funds.
Obviously, New York City hotels do not come at bargain basement prices. Although it is possible to get a deal, savvy investors are not dissuaded anyway by prices for hotels in the Big Apple. Owning a piece of the NYC hospitality sector is a wise investment. Major centers like New York are historically-sound real estate markets.
Who is investing in NYC hotels?