5 REASONS TO MAKE NUGENT YOUR HOTEL BROKER.
In this economy, you have a better chance of success when you work with experienced and successful people. In the hotel brokerage business, Nugent Hotel Brokers (NHB) can provide you the edge you need. Here’s why:
1. Experience.
We have 33+ years in all aspects of the hotel industry. That experience is reflected in the number of hotels we’ve sold. In fact, since NHB president Bill Nugent became a hotel broker he’s personally sold over 100 hotels. Imagine how Nugent Hotel Brokers can help you.
2. No Conflicts.
Equally important is what NHB doesn’t do. Unlike many of NHB’s hotel broker competitors, we have no current hotel ownership, nor is there intended to be; no management of properties for others, or structuring of partnerships or joint ventures; no receivership, nor is there lodging consulting work sought.
3. Financing Expertise.
Most potential buyers can’t buy if they can’t get financing. Unlike other hotel brokers, Bill Nugent has commercial non-recourse lending experience. So not only does he have referral sources in the industry, he understands what kind of financing is available to make a deal work.
4. Regional Specialist.
NHB focuses on four states: Kansas, Missouri, Iowa and Nebraska. We have numerous property listings because hotel owners seek us out when they’re ready to sell. As a buyer, you’re provided comprehensive up-front data to evaluate the offering and we recommend lending sources so you can get the transaction closed.
5. Hotel Brokers International.
Nugent Hotel Brokers is a member of Hotel Brokers International (HBI). Hotel Brokers International is a nationwide network of over 50 experienced hotel brokers that are licensed in 40 states. HBI has been in existence over 52 years and offers experience in hotel real estate valuation, transactions and related services. The organization’s presence is realized by regularly attending hotel industry meetings, conferences, and franchisors annual meetings. It has a significant advertising, marketing and technology budget to support the organization and members. HBI members routinely cooperate within the 50 plus member network leading to successful hotel closings by bringing their buyers to other members’ listings.
Contact Nugent Hotel Brokers. Very simply, our focus is on listing good, saleable hotels while attempting to maximize exposure among prospective buyers for NHB’s exclusive listings. The objective is to generate the most favorable selling price and terms for the owner.
NHB is based in the Kansas City area. The firm combines a solid regional knowledge of the hotel real estate market with a national audience of prospective buyer contacts. We know how open doors for sellers and buyers.