Jere Allen

Geographical Area: The United States ( Primarily Southeast) Product Type Specialized In: Hotels and Motels Number of Years in Real Estate Industry: 29 Yrs. Education Background: Under graduate Mississippi State University- Accounting Holiday Inn University- Holiday Inns of America, Inc.- Innkeepers School Best Western International- Best Western Owners Orientation Bass Hotel and Resorts- Owner Training Previous Real Estate/ Job Experience: 1975- 1979 Professional Management Company, Partner and Co-Owner of hotel management firm. Director of Operation for 15 Full Service Franchised Hotels including Ramada Inns, Sheratons, and Hiltons. Also, as the managing agent supervised the operation of three Intermediate Care Facilities located in Texas, Oklahoma, and California. We grew this company to 25 hotels under management. During this period we opened 10 National Franchised Hotels. We developed a pre-opening management contract which proved to be very successful in hotel industry. 1979-1984 Allen & Associates, Inc., President and majority stockholder of firm. During this period developed, built and managed 7 multi-family apartment projects. These Limited Partnerships projects were syndicated and financed through Farmers Home Administration and Department of Housing & Urban Development. We were the managing agent for 30 subsidized apartment projects located in the State of Mississippi and Tennessee. We became the largest managing agent for subsidized housing projects in the State of Mississippi. 1985-1991 General partner of several Limited Partners that developed, built and Managed Days Inns and Best Westerns in Mississippi and Tennessee. Our primary objective was to develop and sale these hotels. 1991-1995 Mid South Hotel Brokers, Affiliate Brokers with hotel brokerage firm. In 1995 I was the Top Salesman for Hotel and Motel Brokers of America in the South Central Region of The United States. I was the second highest producer in the Nation as an affiliate broker selling 10 hotels with a transaction volume of $31,000,000. The number one producer sold 11 hotels. 1995-Present Sunbelt Hotel Brokers, LLC, Chief Manager of a Hotel Brokerage Firm specializing in the sale of hotels. Sunbelt is licensed as a real estate broker in the states of Alabama, Arkansas, Mississippi, and Tennessee. Additionally, we have affiliations throught the United States. In 1999 Hotel Business Green Book listed Sunbelt hotels Brokers in the top 20 Hotel Brokerage Firms in the Nation. Accreditations and Organization: Former member of Rotary Club and Lion Club. Gideons International Awards, Recognition or Special Designations: ( please who gave award/ designations, when awarded, what it was for) Top Salesman of the year in The South Central Region for Hotel& Motel Brokers of America in 1995. Recognized as one of the top 20 brokerage firms in the Nation by Hotel Business in their 1999 publication of The Green Book. Career Highlights: (including but not limited to significant closings, transactions generating publicity and why, publications/media exposure. Two hotel transactions this year that were REO Properties were sold for more than 5 times gross room multiplier. See attached press releases. Sales Volume: 1999: 34,200,000 2000: 8,500,000 2001: 6,250,000 2002 12,601,000 Career Sales Volume: 111,235,000 Number of Career Transaction: 52

• Company Website
  Visit Site