Earle Wason, Wason Associates HospitalityMany tough transactions but one of my favorite was to broker the 58 room Best Western Hotel in Brattleboro, VT. at a price close to $4 million, to a hotel company with a strong business model to grow their company and then brokering through a 1031 tax deferred exchange the 85 room Comfort Inn in Dover, N.H. for nearly $8 million to the seller of the Brattleboro property.
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and