About This Thought LeaderSpecializing in the lodging and gaming sectors since 1994, HREC brings its unmatched analysis and knowledge to the commercial real estate market. Along with President and Senior Principal Geoff Davis's Lodging Insights column, HREC provides GlobeSt.com readers with unique take on the hospitality CRE sector.
Crowne Plaza St. Louis Hotel Sold
ST. LOUISThe new owners will transform the 29-story building into a combined boutique hotel and residential tower, one of several such projects underway in the CBD.Read More
HREC Sells Countryside Center
CHICAGOAlthough the Holiday Inn and conference center needs a great deal of capital, Pearlshire, the Schaumburg-based buyer, plans to pour in millions.Read More
HREC Acquires Two Vegas Hotels
LAS VEGASCourtyard by Marriott, and Residence Inn include 281 rooms combined.Read More
Hyatt Acquires Irvine Extended Stay Site
IRVINE, CAThe property, near John Wayne Airport, is entitled for a 170-room development and has been sold to Hyatt Development.Read More
Asian-American Hotels: From Roadside to Mainstream
NEW YORK CITY-A small community of operators and investors from India has made a major impact on US hospitality.Read More
HRECs Stephens: A Good Time to Sell
TAMPA, FLPrices for lodging assets have climbed over the past 18 to 24 months, but performance has been increasing as well, HREC Investment Advisors Scott Stephens tells GlobeSt.com.Read More
Channel Island Hampton Inn Trades Hands
OXNARD, CABrighton Management acquires the 95-room, waterfront hotel from Harbor Hospitality II LLC, the companys fourth Ventura County hotel acquisition in two years.Read More
CMBS Returns to Lodging, with Strictures
NEW YORK CITYWhen the securitization market began reviving a few years ago, one of the things investors wanted was to better understand and underwrite the collateral, HRECs Jake Stahler tells GlobeSt.com.Read More
LIIC: Building, Buying Hotels Both Rank High
DENVERSenior executives surveyed by the Lodging Industry Investment Council also expect sales transaction volume to increase over the next 12 months; HREC CEO Mike Cahill produced the annual survey.Read More
Is Hotel Supply Headed for a Growth Spurt?
NEW YORK CITYThats the surprising thought put forth recently by HREC, the hotel investment advisory firm, which also talked about trends in occupancy and hotel financing.Read More
HREC - Hospitality Real Estate Counselors is the nation's premier real estate advisory and brokerage organization specializing exclusively in the lodging and gaming industries. Founded in 1994 by Michael Cahill, HREC is actively involved in providing investment banking and consulting services throughout North America and maintains fully staffed offices in Denver, New York, Chicago, Los Angeles, San Diego, Tampa, Orlando, Memphis, Atlanta, Phoenix, Seattle, Washington D.C. and Dallas.