Al Calhoun is Vice Chairman of the CBRE Hotels’ Institutional Group based in Atlanta. He partners with Mark Fair specializing in Select Service Portfolio investment sales in the United States. Since 2005, they have sold 96 portfolios that total over 108,000 rooms with an aggregate value of $12.9 billion. The portfolios range in quality from economy, extended stay hotels to urban, upscale, midrise hotels. Part of their success has been their ability to finance the acquisitions of over 40% of these portfolio transactions.