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| Chad Crandell |
LOS ANGELES, CA -- Chad
Crandell, Richard Warnick and Ken Wilson announced the formation of CHMWarnick,
the world’s largest hotel asset management company.
The new company is the result of a merger between two of the
lodging industry’s most respected and successful hotel asset management and
advisory firms: CHM and Warnick + Company.
The new company will provide a full complement of hotel
business advisory services proven to enhance hotel value and investment returns
including asset management, operational assessment and strategic development
advisory from offices in Boston, Denver, Los Angeles, Minneapolis, New York and
Phoenix.
"As the industry continues to increase in complexity,
hotel investors have come to appreciate that experienced, unbiased industry
experts can have a material positive impact on their business… from development
or acquisition, through disposition – and all points in between,” said
Warnick.
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| Richard Warnick |
“As we each looked for opportunities to provide our clients
with best-in-class asset management and advisory services, it became abundantly
clear that the best strategy was to combine our two firms. Doing so allows us to capitalize on our
collective knowledge and experience in a truly national platform.
“Our end game is to
be the top-of-mind, first choice for owners seeking professional hotel asset
management and value creating advisory services.”
For a complete copy
of the company’s news release, please contact:
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