The modern young business person likes to travel. They consider themselves a digital nomad – or someone who could be – and they like the
1031 exchange is not a mere tax bypass strategy. It’s a useful wealth creation principle. This exchange is popularly used by real estate investment moguls
The cost of labor has been steadily on the rise. How will this affect the hotel market going forward? The rising cost of labor has
Hotel brokerage kicks off partnership with $5K donation PHOENIX (January 12, 2022) – NewGen Advisory, a boutique brokerage firm specializing in exclusively hospitality assets, has
The strategic swap of business properties is a useful way to defer capital gains taxes. A 1031 Delaware Statutory Trust (DST) uses the standard 1031
As the world reopens after the pandemic, many industries are experiencing substantial increases in profitability. The hospitality industry is starting to grow leaps and bounds
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
Hotels working to meet ends meet and provide to those they can, have yet to reach pre-Covid levels of demand. Due to the market conditions,
Phoenix— September 17, 2021 — NewGen Advisory (NewGen) assisted in the acquisition of the 40-unit Rodeway Inn by the city of Tempe to expand the
Phoenix— September 14, 2021 — NewGen Advisory (NewGen) assisted in the acquisition of the 44-unit Travelodge Hotel by Housing Solutions of Northern Arizona (HSNA) to
Phoenix, August 2021 – NewGen Advisory (NewGen) brokered the sale of the newly opened Phoenix Downtown AC Marriott. The property was opened in February of
Covid-19 has altered the hospitality industry in many ways, impacting how hotels operate to survive while maintaining brand quality. Hotel managers have had to develop