NewGen Advisory completes 1031 exchange transaction in 30 days

aerial image of BestWestern

NewGen Advisory is pleased to announce the closing of a large, all-cash 1031 exchange transaction that the company was able to facilitate in 30 days amidst the Thanksgiving holiday. The associated 120-unit property is located in Phoenix, Arizona on Northern Avenue and Highway 51, adjacent to Piestewa Peak and near the Biltmore district, and falls […]

NewGen Advisory Completes Sale for Phoenix AC Marriott

images of the AC Hotel Marriott Downtown Phoenix

Phoenix, August 2021 – NewGen Advisory (NewGen) brokered the sale of the newly opened Phoenix Downtown AC Marriott. The property was opened in February of 2021 and has 199 rooms and suites, the brand’s signature AC Lounge and AC Kitchen, and a patio that will feature live concerts and other entertainment.   “This transaction represents a […]

Introduction to 1031 Exchange & How Hotel Investors Can Benefit

2 Businessmen Meeting

The process of investing in a hotel provides various investment options. There are several methods to acquire property. Exploring these different options will bring prospective buyers face-to-face with 1031 exchanges. As well as the alternative of opportunity zones. The hotel industry is thriving and has a global value of more than $570 billion. Investors continue […]

Selling a Hotel? Why NewGen Advisory Is the Right Choice


When you’re selling a hotel, it’s important to choose the right hotel broker. Choose poorly and the sale could take far longer than you’d like and earn you less profit. But, choose NewGen Advisory, and not only will you sell your hotel fast, but we will get you the best possible return on your investment. […]

100-Year-Old Hotel Designed, Built, and Financed by Women

Hotel Sale

In the nearly 100 years since its opening, it is safe to say that the Hotel Figueroa has been the backdrop for many a scene. Inarguably a piece of local history, it is impossible to say just how many lives the building and business have touched. The truth of this is even more apparent when […]