Firm Also Recognized for Transaction of the Year
Alpine Realty Capital, a leading advisor in hospitality real estate investment and a member of Hotel Brokers International (HBI), was recently named Broker of the Year at the organization’s annual business meeting.
Alpine maintains an active presence throughout the State of Michigan; however, 2025 proved particularly strong in the state’s northern resort communities. The firm closed multiple transactions in Traverse City, Mackinaw City, the Upper Peninsula, and Petoskey, among other markets. By leveraging the Hotel Brokers International marketing platform and its national website www.hbihotels.com, Alpine reached buyers from across the country, resulting in sales to buyers from various parts of the Midwest.
“Because the HBI network features nationwide content, it consistently introduces new buyers to our listings,” said Ed Walsh, President of Alpine Realty Capital. “This ever-expanding buyer pool creates a competitive environment in which our listings routinely receive multiple offers and escalating bids.”
In addition to Broker of the Year honors, Alpine was also recognized for Transaction of the Year for negotiating the sale of the Baywatch and Beach Haus Resorts on the beautiful East Bay of Grand Traverse Bay in Traverse City, Michigan.
Alpine works daily with groups looking for opportunities to provide capital investment or other means to provide equity returns. In an environment in which the supply of lodging properties for sale is scarce and construction costs remain high, Alpine is seeing ever-increasing interest in acquisitions from various groups, including owner-operators, who are seeking to participate in the industry’s strong returns while buying for less than replacement cost.
Based in Ann Arbor, Michigan, Alpine Realty Capital is a mortgage banking and real estate brokerage firm specializing in hotel asset investment, valuation, financing, marketing, and transaction services. Edward P. Walsh, CHB, serves as President and Principal Broker of Alpine Realty Capital. Mr. Walsh is a dedicated lodging industry professional whose career spans more than 30 years in the lodging industry. He has held senior roles in consulting, valuation, hospitality real estate, and mortgage brokerage, founding Alpine Realty Capital in 2007. His expertise includes providing services regarding all phases of investment, from site selection and acquisition to feasibility analysis and appraisal, and from mortgage financing to construction cost analysis. In all, Mr. Walsh has provided real estate consulting and/or transaction services for more than $1 billion worth of hospitality real estate assets.
Founded in 1959, Hotel Brokers International (HBI) is the hospitality industry's most established and experienced network of hotel real estate professionals. With more than 11,000 successful hotel transactions, HBI members are recognized leaders in hotel brokerage, investment advisory, and market insight. HBI is the founder and administrator of the Certified Hotel Broker (CHB) Program—the only professional designation specifically for hotel brokers. In addition to brokerage services, HBI offers affiliate membership opportunities for professionals in franchising, lending, appraisals, and investment services. To learn more, visit www.hbihotels.com.
For more information, contact:
Edward P. Walsh, CHB, President
Alpine Realty Capital
Ann Arbor, Michigan
734.645.2566 (c)
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