Home Authors Posts by Steve Kirby, Managing Principal, Mumford Company

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...
Storm - economy

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...