For immediate release
[Camas, Washington – 5/24/2021]
Crystal Investment Property Brokers the Sale of Camas Hotel
Representing the Buyer and Seller of this Independent Hotel in the Heart of Historic Downtown
Crystal Investment Property, LLC, (“CIP”) a member of Hotel Brokers International, announced the successful sale of the Camas Hotel in Camas, Washington. CIP, a licensed Washington brokerage, represented the Buyer and Seller in the sale. Joseph P. Kennedy, President of CIP, and the CIP Team worked closely with the Seller and Buyer, as well as the parties’ other professionals, to negotiate a mutually acceptable sale. The final sale price is confidential.
Camas Hotel is a 23 key, select-service hotel with luxury rooms in the heart of historic Camas. This independent hotel seamlessly blends character details into upscale, interior corridor rooms. Camas Hotel features a light-filled atrium for dining and event space. The hotel includes a restaurant and retail space at street level. Guest amenities include a business center, guest laundry, wifi, and complimentary breakfast.
Joseph P. Kennedy, President of CIP said, “Having sold the Camas Hotel previously, we knew exactly what the perfect Buyer looked like for this listing. I’m proud that our team was able to satisfy the needs of both the Seller and Buyer, and we’re excited to see the continued success of this charming boutique property.”
About Crystal Investment Property, LLC
Crystal Investment Property, a premier hospitality investment advisory and brokerage company located in the Pacific Northwest, maintains the most cutting-edge technological, online, and social media presence as well as a full range of traditional and web-based marketing reaching local, regional, national, and international clientele. The firm’s core services of hospitality asset acquisition/disposition are supported by innovative and creative solutions to maintain position as the most active and successful hotel broker in the region. Crystal Investment Property represents the full spectrum of hospitality real estate owners and their experience covers all hospitality asset types, including full-service hotels, boutique hotels, select-service hotels, limited-service hotels, as well as development projects, and leasehold transactions. Crystal Investment Property may be accessed online at crystalip.com.
About Hotel Brokers International
Founded in 1959, Hotel Brokers International members lead the industry in hotel real estate sales. HBI hotel brokerage specialists have successfully negotiated more than 10,000 hotel real estate transactions and consistently account for the largest share of all select-service and economy hotel sales in the United States. The organization’s database currently comprises more than 100 property listings and the HBI website attracts site visitors from around the world. HBI is the founder and administrator of the Certified Hotel Broker program – the industry’s only professional designation for Hotel Brokers. In addition to hospitality real estate advisory services, HBI offers affiliate membership to professionals in allied fields, including franchising, lending, appraisals, and investment services. For more information about HBI’s hotel listings or to become a broker or affiliate member, visit hbihotels.com.
Teri G. Beck, Marketing Director
Crystal Investment Property, LLC
Glenda J. Webb, Executive Director
Hotel Brokers International
Kansas City, Missouri