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5/1/2008 Wason Associates Announces the Sale of the Best Western in Nashua, NH
Major renovations had recently been completed to the rooms, lobby, and porte-cochere. Coincidentally, the transaction encountered complications due to a fire that partially destroyed 50 guest rooms just 3 days after the execution of a purchase agreement. This incident provoked extensive negotiations by Wason Associates in order to have the sale closed by May 1st as required.
President of Wason Associates, Earle Wason, CCIM said: “We are glad our services could be utilized in such a unique situation and were used to aide two separate hotel companies in a very difficult negotiation process. This situation defines everything we embody as a company and we are pleased that we were able to make the transaction as smooth as possible for both the buyer and seller.”
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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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