30 Nov2018

Inaugural Transaction for TJM Properties and Hunter Hotel Advisors


ATLANTA, November 30, 2018 – TJM Properties, in what is their first transaction brokered through Hunter Hotel Advisors, finalized the sale of the Baymont Inn & Suites by Wyndham, Fort Myers, Florida today to Sanjeev Amin.

This 85-room hotel was built in 2001 and renovated in early 2018.

Shamir Patel, Vice President, Hunter Hotel Advisors: “Matt McCarthy at TJM Properties has been a long-time client of Hunter Hotel Advisors. We were pleased to be able to execute on this transaction for them and to continue to grow that relationship. The Buyer, Sanjeev Amin, is a first time Florida buyer, who saw the growth potential in Florida & the tax advantages of owning a business in the State of Florida.  The deal had a few hurdles with a 1031, SBA loan and out of state lender, however, both sides of the deal worked together to make it as smooth as possible. The Fort Myers market was one of the hardest hit markets in the downturn and one of the last markets to finally return. Better days are ahead for the Baymont & Fort Myers and the vision & experience that this Seller will bring to this property will only manage to accelerate their success.” 

“Florida offers opportunities for both buyers and sellers who consider the local market conditions in relation to their long-term and short-term goals.  This property checked all the boxes for TJM Hospitality and Mr. Amin, and I am pleased that my team was able to deliver a sound sale.  Future outlook is excellent for the Baymont property”, said Teague Hunter, President, Hunter Hotel Advisors.

This is the seventh Wyndham property Hunter has closed for 2018, with another 3 projected by the end of the year.


About Hunter Hotel Advisors

National reach. Local knowledge. Hunter Hotel Advisors is the nation’s leading investment advisory firm focused exclusively on the hotel industry. Their seasoned team of investment professionals and offices nationwide consistently provide clients with optimal results in hotel brokerage, financial advisory, and capital markets services of any size or complexity. With 40 years of experience in both full and select-service single assets and portfolios, the firm’s capacity in valuation, economic analysis, and industry relationships have allowed Hunter to consistently maximize value regardless of market conditions.  Hunter Hotel Investment Conference is staged annually in Atlanta, and provides education and networking for hotel owners and investors across the United States. Entering it’s 31st year, the conference will host more than 1,700 attendees in March 2019.  For additional information, visit, or contact the Atlanta headquarters at 770-916-0300.


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