Serving the hospitality industry,
Selling the hospitality lifestyle.
I'm a Maine Real Estate Broker, Hospitality Consultant, Hospitality Investor, Experienced Innkeeper and Cookbook Author. I've been a hospitality broker since 2008 with over $195 million in sales and am well versed in the industry.
Whether you're a buyer or seller, I'll help you understand the nuances of a hospitality transaction and guide you through the intricate steps.
My relationship with my clients doesn’t have to end at the closing table. I am always accessible. A successful sale is the obvious goal for my buyers and sellers. My buyer’s success is paramount.
My strengths in marketing, financing, understanding of tourism, hospitality and my creative vision will help sellers go smoothly from on market to close, and help buyers pursue and live their dreams, successfully.
The hospitality industry is my sole focus. I love Maine and love what I do!
Our seminars and workshops are Maine-centric, for buyers looking to purchase in Maine. We’ll discuss Maine tourism and the state of the hospitality industry in Maine. It’s never too soon or too late to learn. Buyers and Brokers establish relationships, they don’t just take part in a quick transaction. Click here to learn more about our seminars.
Since 1986, our Company has been a leading brokerage in Maine’s strong hospitality market. Sellers trust Swan Agency Real Estate to promote their properties to a worldwide audience and know that we understand the nuances of the transaction, from start to finish. We have walked in a buyer and seller’s shoes.. Click here to learn more about our experienced team!
Thinking of buying? It is important to understand the financials and everything that ties to the financial side of the business. You want to be an educated buyer, and sellers need to understand what buyers go through when it comes to the financing. Click here to learn more about what you need to know.
Inn Brokerage Blog
A common question… How did you or the seller come up with the price? Take a look at a sample calculation below based on a price of $1,500,000, with 20% down at 7.5% interest, amortized over 25 years. There are three key metrics we look at when backing into a price that is financeable: 1) the Debt Service Coverage Ratio (or DCR below); 2) the Cap Rate, and 3) Gross Revenue Multiplier (GRM). Let’s look at 2021 – this shows a debt coverage
I say: Tell us something we don’t know! And I am proud to say I represented the sale of The Norumbega mentioned in this article! Read the full story on Bloomberg
2022 WAS ONE OF THE BEST YEARS ON RECORD FOR HOSPITALITY SALES…AND THE OUTLOOK FOR 2023 AND BEYOND IS BRIGHT! The past several years have been unprecedented…marked by the Pandemic, international unrest and a fluctuating financial market. And for good reason, this has caused some pause for many new buyers considering a transition into the hospitality business. But there is some good news on this front, and for those wondering if now remains a good time to make the move…we say “yes it