Eric Belfrage

Eric Belfrage

Senior Vice President, CBRE

Columbus, OH 43215

Phone (614) 226-9349

Eric Belfrage is a Senior Vice President.
Specialties
Investment Sales Broker
Property Types
Hospitality, Land
Markets
Cincinnati/Dayton, Cleveland, Columbus, Detroit, Indianapolis, Pittsburgh, Toledo, Buffalo/Niagara Falls, Charleston WV, Erie, Evansville, Fort Wayne, Lexington/Fayette, Louisville, South Bend/Mishawaka, Youngstown/Warren/Boardman
Languages
English
Bio
Eric Belfrage is a Senior Vice President for CBRE’s Columbus office and serves as a member of CBRE Hotels and the Investment Properties team. He is directly responsible for the acquisition and disposition of hotels on a local, regional and national level. Eric has over 40 years of experience in the hospitality industry and is very well-known and respected for his knowledge of hotel properties throughout the Midwest. Eric holds the Counselor of Real Estate (CRE) designation as well as being a member of the International Society of Hospitality Consultants (ISHC) and the Appraisal Institute (MAI Designation). Along with facilitating a competitive process, Eric is adept at conveying the qualitative and quantitative property and market dynamics that create improved pricing. Buyers understand that “value is created by the anticipation of future benefits.” Marketing hotels in the current environment requires that the broker convey a convincing and achievable perception of the income potential of a hotel. CBRE is uniquely qualified to provide benchmark data through the Trends publication, which facilitates support for forecast flow through. Eric has been involved in the Ohio Hotel and Lodging Association (OH&LA) for over 35 years, and is a past member of the Executive Board of Directors. He also serves as past President and ex officio executive board member of “Visit Dublin” (the Convention and Visitors Bureau in Dublin, Ohio). These affiliations provide unparalleled connectivity to the hotel community (and therefore hotel buyers) in Ohio. Eric has transacted 250 hotels in the Midwest, Central States, and Upper Midwest regions during his 20-year tenure at CBRE.
Education
Franklin University, Bachelor of Business Administration.
Affiliations
  • MAI - Member of the Appraisal Institute
  • CRE - Counselors of Real Estate