Experience: For over 30 years BBC has amassed an exclusive
database of buyers and sellers.
Knowledge: Hotel experience combined with advanced
commercial real estate knowledge has allowed BBC to be highly successful
in orchestrating the most complicated hotel transactions. Ray Brewer,
President, has acquired the highest designations in commercial real
estate, CCIM (Certified Commerical Investment Member) and THE highest
designation in the hotel and motel industry, CHA (Certified Hotel Administrator).
Professionalism: Each property listed with BBC is carefully
analyzed and a concise marketing package is prepared. The property is
then introduced to pre-qualified buyers. Information is submitted to
the potential buyers based on the continued interest that buyer may
have. Never has the competition in the hotel and motel business been
so great. The company and/or investor you choose to represent you in
selling your property must be professional, one that knows the hotel
and motel business and has the expertise to present your property in
a professional, concise, readable manner. This broker must have the
capability to introduce your property to qualified potential buyers
without over exposing the property.
Opinion of value: Many times a buyer or seller will
ask us to look at, review and analyze a hotel property's current condition
or sales potential in the current market. In today's environment some
lenders are foreclosing on hotel properties. In some cases the lender
will want to dispose of the property as quickly as possible or maximize
the property's income by retaining a managment company to operate the
property until the net operating income supports the asking price. Should
a seller not have a full understanding of which alternative is better,
we can help by providing an Opinion of Value. BBC gives the buyer or
seller a concise report on the property's value in today's market by
analyzing the property's past, its current condition and its future
potential.
Management: Even though BBC is not in the hotel management
business we feel through years of experience working with professional
and less professional management firms, we are able to identify and
make recommendations to owners, lenders, and trustees, those firms that
provide the experience, integrity and depth in management that is needed
in todays competitive and changing hotel market.
Financing: In recent years more and more hotel owners
have asked BBC for assistance in obtaining financing. Lenders today
are in a position to pick and chose which hotel packages they will consider
for financing. Your hotel package must be better than the rest! It must
meet the lenders underwriting tests as well as be easy to read and put
together in a personal and professional manner.
Recommendations from buyers, sellers and attorneys that BBC has worked with over the years are available upon request!