MIG Real Estate plans $600 million in investments in 2012

MIG Real Estate, the Newport Beach, Calif.-based real estate investment company, has announced its intention to invest up to $600 million in property acquisitions in 2012. MIG has acquired more than $400 million of real estate properties since April 2009, with approximately $200 million closing in 2011. MIG will continue to be active in several of its primary markets in California, Arizona, Colorado, and Hawaii, with expansion into Seattle, Portland and Salt Lake City. MIGs current portfolio skews 20 percent toward hotels. Its recent hotel acquisitions include the Point Inn & Suites Hotel, a 90-room hotel in Jackson, Wyo., being converted into a Hampton Inns & Suites, and a 177-room Courtyard by Marriott in Alberta, Canada.

Virtual Event

Hotel Optimization Part 3 | January 27, 2021

With 2020 behind us and widespread vaccine distribution on the horizon, the second half of the new year is looking up, but for Q1 (and most likely well into Q2) we’re very much still in the thick of what has undeniably been the lowest point of the pandemic. What can you be doing now to power through and set yourself up for a prosperous 2021 and beyond? Join us at Part 3 of Hotel Optimization – A Virtual Event on January 27 from 10am – 1:05pm ET for expert panels focused on getting you back to profitability.