Monday, February 28, 2011

Hunter Realty Receives Four Top Broker Honors from Hotel Brokers International

ATLANTA, GA Feb. 28, 2011—Hunter Realty, a nationwide hotel investment advisory firm, recently received four top honors for excellence in hotel real estate brokerage in 2010 from Hotel Brokers International, the world’s leading hotel real estate sales organization.   The awards and recipients are:

·         Broker of the Year—Hunter Realty’s president, Teague Hunter (top right photo), CHB, accepted the award on behalf of the seven-office firm.  It is the third consecutive year that Hunter Realty has taken the award.

 “We took a contrarian stance several years ago and added new offices and associates while others were shrinking, and the strategy has paid off,” said Hunter.

“We expect to set a record in transactions in 2011, both in the full-service and select-service segments.  We now are a truly national firm and have significantly increased our bench strength and relationships within the industry with owners, buyers, brands and capital providers.”

·         Salesperson of the Year—For the second straight year, Kyle Stevenson (middle left photo), senior vice president and head of Hunter’s Washington, D.C. office, received the top individual sales honor.

 “Kyle is a great sales professional and team player,” said Lee Hunter (middle right photo) CHB, ISHC, chief operating officer of Hunter Realty.  “He brings significant expertise in financing and provides our clients with valuable insights into markets, trends and pricing.”

              New Associate of the YearGary Mills (lower left  photo),  vice president and head of the firm’s Dallas office, received top honors for his 2010 sales results as a new member in the HBI association in 2011.  “Gary’s background and strong relationships with hotel owners and operators were instrumental in quickly bringing our Dallas office into full production,” said Lee Hunter.

·         Unique Deal of the Year—The firm notched the unique deal with the sale of two adjoining downtown Atlanta hotels to Georgia State University.  The transaction, which encompassed 453 rooms in two hotels adjacent to the university campus, created a win-win situation by providing much-needed student housing at an attractive price below replacement cost and a fair value for the seller’s real estate in a challenging market.

Contact:    Patrick Daly, Jerry Daly,  media, (703) 435-6293                

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