Blog
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The Wayfarer, Bedford, NH and functional obsolescence
By Peter Annon | 10/28/2011
We have discussed on numerous occasions the number of hotels throughout New England that are facing functional obsolesence. At the current time we have two such properties under agreement to be demolished and planned for other uses, one in Mancheste
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Strong Activity
By Joe Cardillo | 10/5/2011
These past few months have been very busy for us as we have closed a number of sales and have properties under agreement to close over the next few months. We have mixed feelings about some of the business as the "short sale" market has increased.
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Summer Update
By Earle Wason | 8/1/2011
It's been a very busy summer both at hotels and restaurants but also on the transaction front. We have closed a number of sales in the last couple of months and have agreements on others to close before the end of the year. The good news is that so
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Current Article in the NEREJ
By Earle Wason | 4/10/2011
It is about this time each year that I am invited to speak to a group of MBA students at the University of New Hampshire. The University has been an important part of my life, and I met my wife, Mary, there when we were students. This year’s session
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Year End Indicators
By Earle Wason | 12/2/2010
Another interesting and challenging year is coming to an end! In my July article in the New England Real Estate Journal, I reported on some of the major Market Trends that were taking shape in the mid-year. A review of those trends included: the tra
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News
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11/5/2012
Wason Associates Negotiates the Sale of the Best Western in Nashua, NH
Wason Associates Hospitality Real Estate Brokerage Group is pleased to announce the successful transaction of the Best Western Granite Inn located in Nashua, NH to buyer B and C Management Inc. from seller Karen Enterprises Inc. The transfer was finalized in August 2011 with a final selling price of $3.2 million.
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7/13/2011
Wason Associates Negotiates the Sale of the Howard Johnson Hotel in South Portland
A staple of South Portland and a name known across the country, the Howard Johnson Hotel is now under the ownership of New-Gen Hospitality. The transaction closed on May 27, 2011 between New-Gen Hospitality and Wason Associates who represented the previous owners, Zyracorp Inc., based in Bedford NH, who have owned and operated the hotel for many years.
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3/1/2011
Joe Cardillo of Wason Associates Closes Two Sales
Wason Associates Hospitality Real Estate Brokerage Group is pleased to announce that Joe Cardillo of Wason Associates successfully negotiated the recent sale of the New London Inn to New London Hospitality Holdings LLC on behalf of the seller, Leroy-Johnson LLC. The final sale price was $1,155,000. Mr. Cardillo also recently negotiated the sale of 116-121 Key Road in Keene, NH to Keene Key LLC on behalf of the seller GuruNanak LLC
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Wason Associates
Our team welcomes you to the Wason Associates Hospitality Real Estate Brokerage Group web site. Here you will find relevant and up to date information on the market, review current transactions, learn about our services and most importantly review hotels offered for sale. Our fully functional and integrated system provides buyers with pertinent property and market data and is designed to inform, educate, provide the ability to evaluate properties for sale and help make an informed decision to pursue a hotel purchase.
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