Sunday, June 2, 2013

The Madison Real Estate Group expands into hospitality management with the acquisition of several prominent Arizona motels

The Madison Real Estate Group expands into hospitality management with the acquisition of several prominent Arizona motels

By: PRWeb
Posted on April 25, 2013 at 07:37 AM EDT
PRWeb
Madison recently announced that it has been awarded the assignment of three prominent motels in Bullhead City, Arizona-The Highland Motel, The Colorado River Resort and the River Front Resort.
With this assignment, Madison also announces the addition of two corporate employees, Amenita Smith, Vice President of Hospitality Management, and Suzy Rodriguez, Vice President of Operations, as well as the on-site employees.
Both executives joining Madison Commercial Properties were promoted from property management positions in the Madison portfolio. Armenita Smith will head up the Hospitality operations division at Madison, providing support and direction to the newly expanded division of Madison's management portfolio.
"With the acquisition of The Highland Motel, The Colorado River Resort and The River Front Resort, we are excited to launch a new line of services to Madison clients and are committed to providing quality long term management in the hospitality field," said Armenita. Armenita will integrate a recruiting, training and labor management program at the Motels in addition to setting up a standard for cost control.
"The expansion into Hospitality Management fits perfectly into Madison's overall operational goals and complements our existing portfolio," said Jacqueline Kimaz, Vice President of Madison. "With 50 years of collective experience in various aspects of commercial real estate, we feel this is a logical growth strategy in taking Madison to the next level."
About Madison Commercial Properties
The Madison Real Estate Group is an entrepreneurial and experienced full service multifamily and commercial real estate company specializing in receivership, property management, tenant placement and brokerage, and serves as a trusted advisor to financial institutions and private investors. We have built our reputation by offering innovative solutions to our clients property management needs, adding value to their portfolio, and consistently exceeding their expectations for service and performance. For more information about The Madison Real Estate Group, visit http://www.madisonreg.com or email Joe at Jkimaz(at)madisonreg.com.

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