Monday, December 15, 2008
Relationship with Mr. Ron Palmer of Taylor Capital
Mr. Palmer has been in the accommodation industry lending for many years. We hope this alignment will provide a positive working relationship for our many clients who are looking for financing to purchase or refinance.
Welcome aboard, Ron.
Jerry Dombowsky
premierhotelsandmotels.com
Ronald (Ron) N. Palmer has been involved in the Canadian financial services industry since 1976. For over twenty years Ron worked for major Canadian chartered banks at a senior level where he structured debt transactions for corporate clients in a wide range of industries.
Ron was valued for his ability to structure, underwrite and generally find a way to get deals done.During his commercial banking career Ron received specific, high level training in commercial and residential real estate project financing. Since leaving the banking industry in 1998 and subsequently forming Taylor Capital Inc., he has focused on serving clients throughout British Columbia.Ron's preferred areas of practice include residential, commercial and industrial development financing in addition to financing in the hospitality sector.
Ron services his clients from his centrally located home office near Kelowna.In 1998 the Canadian Securities Institute awarded Ron the Canadian Investment Manager designation. Ron is a licensed mortgage broker in the Province of British Columbia.
Monday, November 17, 2008
Canadians will spend their holidays at home!
The astute operator will have to sharpen their rates. The not so popular winter destinations can draw vacationers through tour companies and through their franchisors.
-
Jerry DombowskyPremier Hotels and Motels - The Connections to close the deal
#6-3185 Via Centrale, Kelowna,
British Columbia V1V 2A7
Phone:250.317.0432
Fax: 250.767.3276
Toll-Free: 1.866.765.0579
http://www.premierhotelsandmotels.com/
http://premierhotelsandmotels.blogspot.com/
Monday, October 6, 2008
Jerry Dombowsky - Hotels and Motels - FINANCING: This is where the “rubber hits the road”.
Recently I have been asked about Financing for accommodation properties so I have taken the time to put a few key points together.You basically need to create a favourable self portrait for yourself.
Here are the things to do when preparing for the sale of your property.
· When purchasing accommodation property, you have to have a good insight into what banks are looking for when financing a project.
· Cash flow is the most important criteria
· Experience of the borrower, not only in this field, but your full working background and that is why it is important to have a professionally completed, up to date resume.
· Build a relationship with a lawyer, accountant, banker or broker
· Don’t forget... When pricing your property, it is always best to get an independent evaluator, like a realtor or, better yet, a bank approved appraiser. When you price your own property, is always filled with personal emotion and not good judgement. Let the professional do it!
· To help the bottom line, an owner must be prepared to reach out and sell his property to corporations, government, sports leagues and the community.
· It’s the time to be on the offensive and let the public know what you have to offer.
· The amenities that the public and organizations want, i.e. wireless (very important in this day and age), complementary products that you provide, i.e. breakfast in house, laundry and overnight dry cleaning services, parking for oversize vehicles, ie.: The team bus, large equipment moving to the work site and motor homes for the client that may want a different experience.
· I have been told this can add to the bottom line by as much as 10 – 15% and all this takes is a little planning and getting the information out to the different organizations and public.
Not intended to solicit properties already listed
-
Jerry Dombowsky
Premier Hotels and Motels - The Connections to close the deal
#6-3185 Via Centrale, Kelowna,
British Columbia V1V 2A7
Phone: 250.717.1886
Fax: 250.765.0577
Toll-Free: 1.866.765.0579
Email: jerry@pcrealty.ca
Web: http://www.premierhotelsandmotels.com/
-
Hotels Motels, and Resort real estate in BC and Alberta Hotels Hotels for Sale, Motels Motels for Sale, Hotels and Motels for sale in Canada
Wednesday, September 24, 2008
Jerry Dombowsky - Questions to ask when Buying or Selling Hotels and Motels
Do you wait to find the accommodation property suitable to your needs before you put your existing property on the market, or do you sell first then begin the search process?
When is the best time to purchase or sell a property? The best time to purchase is when YOU WANT TO BUY; the best time to sell is WHEN YOU WANT TO SELL.
Do you let outside forces dictate your decision? If the current property is an asset sale, due to taxation regulations, your new property must be purchased within one year of the final sale date of your current property. If the current property is a share sale, all financial statements must be in good order and filed with the appropriate agencies confirming that all documentation is in good order.
Many documents must be examined when purchasing a property. The main documents are: analyzing the financial information and obtaining suitable financing.
If there is more than one partner, do you have a Buy-Sell Agreement in place?
If one of the partners dies, how do you pay out the heirs?
For assistance with these questions and many more contact Jerry Dombowsky of Premier Hotels and Motels.
-
Jerry Dombowsky
Premier Hotels and Motels - The Connections to close the deal
#6-3185 Via Centrale, Kelowna,
British Columbia V1V 2A7
Phone: 250.717.1886
Fax: 250.765.0577
Toll-Free: 1.866.765.0579
Email: jerry@pcrealty.ca
Web: http://www.premierhotelsandmotels.com/
Hotels for Sale Motels for sale
Wednesday, September 10, 2008
Jerry Dombowsky - Hotels for sale - Motels for sale - Location, location, location!!!
· Easy in and out access and, if possible, seen from main traffic arteries. · How close to shopping and entertainment is your location?
· How close are you to water and activities, especially if in a water tourist area?
· What clientele are you catering to?
· Know your clientele. If it is the tourist you may need amenities such as pools, waterslides and games area.
· Does the location have a little pizzazz to keep the regulars coming back?
· Does the location have the ability to be developed into a compelling draw for the drive by or the return client?
· It is important to check with the local transportation department in the area, to find out if traffic patterns are going to change in the near future. How will that affect you and the general area short and long term?
· If you are targeting the Business traveller you will need a comfortable work area in the room, plus the latest technology.
· If you cater to the contract worker, you will need the basic living comforts and additional parking for the specialty equipment that they may have on the way to the job site.
·Belonging to the Chamber of Commerce and other organisations popular in this particular area will always help in getting your property to a higher level of recognition.
When buying, buy the property you need great access to amenities. The Hotel can be renovated, but you can't change the location. Location is where the real long-term value is.
Remember, the good qualities are very seldom mentioned but the bad ones are never forgotten and repeated time and again. Always present the best side of your property. It is a part of you.
-
Jerry Dombowsky
Premier Hotels and Motels - The Connections to close the deal
#6-3185 Via Centrale, Kelowna, British Columbia V1V 2A7
Phone: 250.717.1886
Fax: 250.765.0577
Toll-Free: 1.866.765.0579
Email: jerry@pcrealty.ca
Web: http://www.premierhotelsandmotels.com/
Hotels for Sale Motels for sale BC Alberta Canada
Tuesday, September 9, 2008
Jerry Dombowsky - Hotels and Motels - New post for Realtor
Premier Canadian Properties in Kelowna has launched a new division called Premier Hotels and Motels.
Specialty realtor Jerry Dombowsky heads up the new division which matches the buyers and sellers of hotels and motels throughout British Columbia and Alberta.
The partnership with Premier Canadian Properties means that Jerry Dombowsky's listings are promoted through Premier Canadian Properties as well as internationally with Christies Great Estates, of which Premier Canadian Properties is a member.
The new division has its own website located at http://www.premierhotelsandmotels.com/
Jerry Dombowsky has dealt with hotel and motel sales for the past 32 years.
-
Jerry Dombowsky
Premier Hotels and Motels - The Connections to close the deal
#6-3185 Via Centrale, Kelowna, British Columbia V1V 2A7
Phone: 250.717.1886
Fax: 250.765.0577
Toll-Free: 1.866.765.0579
Email: jerry@pcrealty.ca
Web: http://www.premierhotelsandmotels.com/
Hotels for sale BC
Monday, September 8, 2008
Press Release -Jerry Dombowsky - “Grandpa sells Motels and Hotels”
The grandchildren were within “ear shot” of this conversation when they began shouting “Grandpa sells hotels and motels”.
This struck a cord with Jerry.
In his 32 years of real estate experience in Alberta and British Columbia, Jerry Dombowsky has seen a lot of real estate transactions, specifically in the hotel and motel industry.
Jerry says, “The internet is an integral part of day to day communications. The diversity and transference of information brings the property to the property buyer in a timely informative manner.”
Jerry has a broad knowledge of hotel and motel markets in Alberta and British Columbia and has completed many hotel and motel sales and purchase transactions including small and large businesses, and commercial real estate. Having owned and operated ranches, hotels and motels, in the past, Jerry Dombowsky has a very good understanding of the effort needed to close the deal.
As of September 1st, 2008, through Jerry Dombowskys connections with Premier Canadian Properties and Christies Great Estates, the benefits of buying a hotel, motel or resort will be presented to a worldwide audience. Jerry’s new website which is dedicated solely to the acquisition of hotels and motels in Alberta and British Columbia is located at http://www.premierhotelsandmotels.com/.
Now that “Grandpa sells hotels and motels”, the grandchildren are looking for extended stays with Grandpa.
For more information or an interview, contact Jerry Dombowsky at (250) 717-1886.
Motels for Sale Canada
Saturday, July 12, 2008
Jerry Dombowsky - Super 8 Motel - Lake Country - For Sale
Jerry Dombowsky- Premier Hotels and Motels
Tuesday, July 8, 2008
Jerry Dombowsky / Premier Hotels and Motels
From our key contacts we have qualified properties for Buyers to choose from and this allows us to help match Buyers with the right property to fit their needs and desires of our clients. Some properties need a certain personality, someone with vision and strong leadership’s skills to get the highest return on investment.
At Premier Hotels and Motels we have a list of financial institutions that specialize in lending to accommodation oriented properties.
Some properties need a certain personality, someone with vision and strong leadership’s skills to get the highest return on investment.
At Premier Hotels and Motels we have built strong relationships with local and overseas travel companies to assist the owner expand their business.