Mumford Company Continues Record Setting Trends in 2007
The Mumford Company announces record 1st quarter sales results, both in terms of number of transactions and in dollar volume of transactions. "This confirms the strength of the hotel real estate market, states David Mumford, Senior Partner. "There are no signs of softening in the near term, as we have a strong deal pipeline, an extensive portfolio of exclusive listings and abundant capital for buyers." continues David.
Newport News, VA (PRWEB) April 12, 2007 -- The Mumford Company announces record 1st quarter sales results, both in terms of number of transactions and in dollar volume of transactions. "This confirms the strength of the hotel real estate market, states David Mumford, Senior Partner. "There are no signs of softening in the near term, as we have a strong deal pipeline, an extensive portfolio of exclusive listings and abundant capital for buyers." continues David.
Owners of hotels from brand families including Hilton, Marriott, Choice, IHG and Wyndham retained The Mumford Company to assist in their property dispositions during the quarter. "We continue to be very encouraged by the strong valuation metrics that we've been able to achieve on behalf of our clients when representing premium branded properties in today's strong acquisition environment," observes David.
The Mumford Company is recognized in the industry as a premier Hotel Brokerage firm. Their consistent growth is credited to the distribution network the Mumford Company has built through years of relationships with their clients and customers, as well as the firm's longevity in the industry, having been established in 1978.
The company has offices in Atlanta, Chicago, Dallas and their corporate office in Newport News, Virginia and has significant plans for strategic expansion in 2007.
For more information on The Mumford Company and its' services, please visit our website at www.mumfordcompany.com or contact Jackie L. Wilder at 757-873-0962 xt 303.
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