Tuesday, May 29, 2018

Hospitality Ventures Management Group (HVMG) Names Andy Wardner Director of Acquisitions and Financial Analysis

Andy Wardner

ATLANTA,  GA, May 29, 2018—Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company today announced that Andy Wardner has joined the company as director of acquisitions and financial analysis. 

In his new role, Wardner will help evaluate and underwrite new hotel acquisitions and third-party management opportunities.  Also, he will provide feasibility insight and perform valuation analysis for targeted opportunities which include independent and boutique hotels and resorts, as well as full-service, select-service and extended-stay hotels under the Hilton, Marriott, Hyatt, and IHG brands.

            “Andy brings with him two decades of financial analysis expertise, combined with ‘plug and play’ transactional experience in virtually all commercial real estate classes, but with a primary focus on hotels,” said Mary Beth Cutshall, SVP and Chief Business Development Officer. 
“Over the course of his career, Andy has been integral in the deployment of more than $4 billion on behalf of some of the world’s largest international investment firms, including Starwood Capital, and oversaw the asset management of a 15-hotel portfolio. 

         HVMG’s vision is to be the most sought-after employer, operator and partner in the hospitality industry, and we are confident Andy’s contribution in his new role with the company will help HVMG continue to achieve our aggressive growth goals.”

Mary Beth Cutshall

Previously, Wardner was managing director of Paramount Lodging Advisors, where he was responsible for brokering hotel transactions, particularly full-service hotels, and business development throughout the Southeast. 

Prior to that, he held numerous positions with Starwood Capital Group, culminating in a vice president of asset management.  In that role, he oversaw the capital investment, asset management and disposition of a portfolio of commercial real estate investments worldwide including several hotels. 

Wardner received his Master of Business Administration in Finance from the Robinson School of Business at Georgia State University and his Bachelor of Science in Business Administration and Finance from the Terry College of Business at the University of Georgia.  Wardner holds a Georgia Real Estate License and has been a member of ULI and the Atlanta Hospitality Alliance.

“HVMG has a tremendous track record of turning around hotels through a combination of strategic value-add investments, operational initiatives and improved guest service.  I’m thrilled to be joining such a talented and dynamic team to deliver further success for our hotel owners,” said Wardner.

For more information, please contact:

620 Herndon Parkway, Suite 115 | Herndon, VA 20170
Main: 703-435-6293
Mobile: 703-864-5553

Jim Michalak
TAMPA, FL -- Plaza Advisors is pleased to announce the sale of the Northpointe Crossing shopping center, located at the intersection of N. Florida Avenue and E. Fletcher Avenue in Tampa.

The 64,017 square foot plaza is anchored by Save a Lot, Harbor Freight Tools and Family Dollar. 

Other notable tenants include Liberty Tax and Boost Mobile. The property was 91% occupied. The sale price was $6,075,000 ($95/sf).

The seller was a private investor based in Virginia Beach, VA. The buyer, AST Investors LLC, is located in Doral, FL. Jim Michalak and Mike Cvetetic of Plaza Advisors was the broker that represented the seller.

Mike Cvetetic
Plaza Advisors is a real estate brokerage firm that specializes in the disposition of retail properties throughout the Southeastern United States.

 Plaza Advisors’ clients include private equity investors, developers, and major institutions including fund advisors, servicing agents, life insurance companies, REITs, and money center banks. 

For more information, please contact:

Jim Michalak
Managing Partner
Plaza Advisors

3412 Bay To Bay Boulevard
Tampa, FL 33629
813.837.1300 Ext. 1
Fax 831.2627