This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
JLL Managing Director and Head of Investment Sales – Australasia, Peter Harper, said quality realestate continues to remain highly sought after in the hotels sector. “We’re thrilled to see it go to a new owner with such a strong track record in Melbourne’s hospitality sector.”
The sale, which was negotiated by Colliers, McVay RealEstate and JLL, is subject to the buyer obtaining approval to the transfer of the liquor licence from the Queensland Office of Liquor and Gaming Regulation. Sam McVay from McVay RealEstate described the hotel as “an irreplaceable asset”. “[The
JLL worked on behalf of the borrower, a joint venture between realestate funds managed by Trinity Investments and funds managed by UBS Asset Management’s RealEstate & Private Markets Multi-Managers business, to secure the five-year, floating-rate loan through mortgage lenders, Citi and Deutsche Bank.
MBA Hotel Brokers Inc, announces David Joseph as the newest member to its team of experienced and dedicated hospitality realestate professionals. David Joseph is a licensed realestate broker in Florida. MBA Hotel Brokers has been listing and selling hotels nationally for 22 years.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content