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:
We have 40 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 150 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 three states: Kansas, Missouri and Iowa. 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 33 experienced hotel brokers that are licensed in 32 states. HBI has been in existence over 56 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 33 plus member network leading to successful hotel closings by bringing their buyers to other members’ listings.
There are few recognitions that can equal kudos from your peers. Bill Nugent was recognized by fellow HBI members with the 2010 Portfolio Sale of the Year Award. Then in 2011 he received the Top Broker U.S. Central Region Award. For 2013 Nugent Hotel Brokers received the Record Dollar Volume award.
Bill's served on HBI's board of directors from 2013 thru 2015.