Blog/News

We like to stay up to date on all things hospitality real estate and want to help you stay informed too! Below you will find blogs and the latest news in the hospitality real estate and brokerage world, there are pieces for owners, buyers, and even other brokers. We hope you enjoy them.

The Wayfarer, Bedford, NH and functional obsolescence

Posted on October 28, 2011 by Peter Annon

We have discussed on numerous occasions the number of hotels throughout New England that are facing functional obsolesence. At the current time we have two such properties under agreement to be demolished and planned for other uses, one in Manchester...

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Strong Activity

Posted on October 5, 2011 by Joe Cardillo

These past few months have been very busy for us as we have closed a number of sales and have properties under agreement to close over the next few months. We have mixed feelings about some of the business as...

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Wason Associates Negotiates the Sale of Four New England Hospitality Properties

Posted on September 7, 2011 by Earle Wason

Wason Associates is pleased to announce the successful transfer of four hospitality properties in June 2011. The transfers of three New Hampshire inns and one Maine café were smoothly negotiated by Wason Associates, resulting in a very successful turnout for...

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Summer Update

Posted on August 1, 2011 by Earle Wason

It's been a very busy summer both at hotels and restaurants but also on the transaction front. We have closed a number of sales in the last couple of months and have agreements on others to close before the end...

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Wason Associates Negotiates the Sale of the Howard Johnson Hotel in South Portland

Posted on July 13, 2011 by Earle Wason

(Portsmouth, NH | South Portland, ME) – A staple of South Portland and a name known across the country, the Howard Johnson Hotel is now under the ownership of New-Gen Hospitality. The transaction closed on May 27, 2011 between New-Gen...

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Wason Associates Negotiates the Sale of the Muddy Rudder Restaurant in Yarmouth, Maine

Posted on June 28, 2011 by Earle Wason

One of the most highly visible restaurants on the coast of Maine, the Muddy Rudder, was transferred on May 16, 2011 to Granite Hospitality LLC. The transaction was negotiated by Wason Associates, the seller was the Chafee Restaurant Corporation, a...

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