Founded in 1948, the firm of Brash Realty Co., Inc. was one of the first real estate firms in the nation to specialize in the sales of hotel and motel properties.

In 1959, H. William Brash together with seven other firms in the United States joined forces to form a hotel/motel brokerage association known as Motel Brokers Association of America (MBAA), today known as Hotel Brokers International (HBI). The association grew over the years to become the largest hotel and motel brokerage association in the world with present membership of 33 offices worldwide. The association sold $513,915,428 million in hotel and motel properties in 1999, $699,035,491 million in 2000 and over $340 million in 2001. Since 1987-2001 the association members have collectively sold over 2,702 hotel properties worldwide.

Over the years Brash Realty Co., Inc. has consistently been a leader in hotel and motel brokerage. Our firm has received numerous awards for its achievements in brokerage. Over the years we have been awarded 4-Sales Achievement Awards as Top Broker - North Central Region, 3-Salesman of the Year Awards, and 1-most Co-op Sales Awards. To date our company has brokered over 710 hotels and motels, with a total sales volume of over $1.2 billion, both franchise and independent, limited and full service, up to 400 units in size. Brash Realty Co., Inc. has represented major corporations, lending institutions, national franchises, management companies, government agencies, and individual owner/operators in the sale of their assets. Brash Realty Co., Inc. has access to over 10,000 qualified buyers in our database and through HBI worldwide. We pride ourselves in our ability to match Sellers and Buyers in any economic condition.

Our extensive marketing programs will give your property the maximum exposure you need in selling you asset. We advertise nationally in industry publications such as Hotel Business, Hotel Journal, and Hotel Motel Management, through Internet sites such as our own web site brashrealty.com, HotelBrokers.com and Innvest, and HBI national programs. If you are thinking of selling your property, HBI’s own Hotel Investment Opportunity brochure, published annually is another listing tool that Brash Realty Co., Inc. can provide you in order to get your property its maximum exposure in today’s market. This brochure contains hotel real estate offering on nearly 200 properties from across the country and Caribbean. Through direct mail and industry trade show exposure, 18,000 copies of this brochure are currently being distributed to investors and industry leaders. We are also an allied member of AAHOA.

In 1959 Brash Realty Co., Inc. was the first brokerage firm to conduct a Hotel Buyers Seminar. Taking place each year in Chicago, brokers from across the country would present their listings to perspective buyers in a “one-on-one” forum. This format was so successful that HBI adopted this concept. Each year HBI brokers conduct four Hotel Investment Marketplaces throughout the U.S. to “showcase” their inventory of hotels/motels to hundreds of qualified buyers in this one-day event. Afterwards the attendees can meet “one-on-one” with individual brokers to discuss specific properties in their inventory as well as representatives from franchise companies, lenders, and others that provide services to the hospitality industry. HBI also publishes TransActions by HBI, the leading source of hotel real estate data for the real estate, lending and appraisal industries.

SALES TEAM

H. William Brash - Chairman

Mr. H. William Brash is the founder of Brash Realty Co., Inc. and one of the eight founding members of the HBI. He has been past President of the HBI, a distinguished director of numerous boards, and has represented institutions such as the Northern Trust Bank in Chicago and Hyatt Corporation. Mr. Brash has been involved in the brokerage of over 300 motel and hotel transactions. In addition, he has served on behalf of the United States Courts as an expert witness in numerous legal proceedings involving the hospitality industry and has acted as an advisor to many hotel corporations. He is considered to be one of the nationally renowned experts in the hospitality industry both as a consultant and a broker. Throughout the years Mr. Brash has owned and operated over 40 hotels and motels nationwide. Mr. Brash is a graduate of the University of Illinois.

Scott D. Brash - President

Scott D. Brash has thirty years experience in sales, brokerage, operations and ownership in the hospitality industry. He has been involved in over 450 hotel and motel transactions. He has authored articles or been quoted in numerous publications, which include Hotel Motel Management Magazine, Crain’s Chicago Business, Hotel Business, Real Estate Forum, Milwaukee Business Journal, Chicago Tribune, St. Louis Post, and Holiday Inn Worldwide Franchise newsletter. He has served on the HBI Board of Directors for 8 years and also the board of directors for a Chicago area lending institutions for 7 years. Mr. Brash is continuously asked for his opinion on the state of the hotel industry by leading authorities and magazines. He has been asked to serve on panels offering their insights on the future of the hospitality industry. He was awarded the prestigious “Salesman of the Year Award” in 1981, “Top Broker for the North Central Region” in 1994, 1995, 1996, 1997 and 2003. Throughout the years Mr. Brash has owned and operated twelve hotels and motels regionally. Mr. Brash is recognized as one of the leading authorities in the hotel industry. Mr. Brash is a graduate of the University of Illinois.

Lili Gewargis - Vice President

Lili Gewargis started to work at Brash Realty Co. in 1994. Since receiving her real estate salesperson license in 2000, she has concentrated on meeting with buyers and sellers in the brokerage of motels and hotels. Hotel Brokers International, the country’s leading association of hotel brokers at an awards ceremony on Saturday, Jan. 31, in San Antonio, Texas, presented Ms. Gewargis with a Sales Achievement Award for Record Number of Transactions and Dollar Volume Awards 2003 for combined personal bests. In January 2005 Ms. Gewargis was presented the HBI Most Successful Sales Associate Award 2004 for the North Central Region. In addition, the 2004 Record Dollar Volume Awards for personal bests went to Ms. Gewargis. In 2006 Ms. Gewargis was presented the Top Regional Salesperson Award for the North Central Region.

In 2006, Ms. Gewargis served as an associate director on the Board of Directors for the Hotel Brokers International which is governed by an eleven-member Board of Directors and on the Annual Meeting Planning Committee.