Category: Blog

Congratulations to Butson Lincoln,LLC and AmbaHotel,LLC

Posted on September 12, 2012 by Joe Cardillo

Congratulations to Butson Lincoln,LLC, (Seller) and Amba Hotel,LLC on the sale of the Comfort Inn, Lincoln NH. The transfer of this 81 room, four story, interior hotel closed on Wednesday September 12, 2012. Amba Hotel had been operating the hotel...
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Great Start to the Summer Season

Posted on June 1, 2012 by Earle Wason

From all reports the Summer Season looks very good for the hotel business as the Memorial Day Weekend was an excellent start. Many hotel owners have told me that advanced deposits are up as much as 25% over last year...
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Quick update

Posted on February 15, 2012 by Earle Wason

Many of our clients and customers have been inquirying as to our view of the likley activity for the upcoming year of 2012. We are starting the year with a great deal more business than the previous three years and...
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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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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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