Glenwood, Maryland— MBA Hotel Brokers, announced today that it has successfully brokered the sale of the 106 room Best Western in La Vale, Maryland on behalf of the seller, Gay Point Inc. for an undisclosed amount. Charlie Fritsch, President of MBA Hotel Brokers, represented the seller in this sale to purchaser Niramay, LLC.

This three story, limited service, interior-corridor Best Western has been meticulously maintained and is a long established leader in it’s market. The hotel offers guest amenities such as the adjacent Gehauf’s restaurant, a full breakfast, business center, and indoor pool.

The market’s primary room night demand generators are Frostburg State University, Cumberland Hospital, Interstate 68, and seasonal outdoor activities such as skiing, river rafting, hunting, camping, and fall foliage touring. The Best Western also serves business travelers working with local corporations.
MBA Hotel Brokers, headquartered in Glenwood, Maryland, is a real estate brokerage firm established in the hospitality industry. MBA Hotel Brokers professionals are experienced hotel real estate specialists with deep knowledge of hospitality investments and financing. The company also operates a Midwest office located in Fairfield, Iowa. MBA Capital Funding, an affiliated firm, specializes in commercial and hospitality finance.