Steve Kirby, Managing Principal, Mumford Company
Steve Kirby is a managing principal of The Mumford Company, a hotel brokerage and advisory services firm with over 40 years of results-oriented real estate service to the industry. Kirby is an active broker and manages the marketing and administration operations of all five of the company’s offices.
Distressed Hotels: A Good Deal?
Savvy investors constantly search for that really “good deal.” For the right purchaser, a distressed hotel may present this opportunity. Properties are distressed for many reasons, lack of revenue being the number one but...
Is the Perfect Storm Brewing for Hospitality Properties?
At the end of 2019, prognosticators expressed cautious optimism about economic prospects for 2020. Economic fundamentals, such as an 11-year upward trend in the economy, continuing job growth that has brought a growing number...