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Berkadia Hotels & Hospitality | NYU IHIF

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NEW YORK, NY | MAY 31–JUNE 2, 2026

Excellence drives us.

Have the confidence of knowing you’re working with the best.

With Berkadia Hotels & Hospitality, each transaction is a personal commitment to our clients’ success and satisfaction.

We’ve sat in every seat at the table. We’ve learned that there’s more to this business than just the process and players.

Whether you’re seeking an opportunity in an emerging market or in a well‑established urban destination, our team of experts in mortgage banking and investment sales is ready for you.

Berkadia’s outreach via our proprietary investor database will allow unparalleled access to domestic and foreign investors. Furthermore, leveraging our strategic relationships with Berkshire Hathaway, Jefferies and Knight Frank will provide unmatched access to the World’s wealthiest Ultra High Net Worth investors.

Berkadia is a leading full service capital markets advisory firm, with prominence in the multifamily commercial mortgage space and operations in 70+ U.S. markets. In 2009, Berkadia was formed when a joint venture of Berkshire Hathaway and Leucadia National Corporation (now Jefferies Financial Group) acquired Capmark’s mortgage origination and servicing business.

Berkshire Hathaway Inc. (50% Owner of Berkadia) Berkshire Hathaway Inc. is a holding company owning subsidiaries engaged in a number of diverse business activities including property and casualty insurance and reinsurance, utilities and energy, retailing and services.

Berkshire is the seventh largest component of the S&P 500 index and the top ranked company in the Forbes Global 2000, which takes into account both market value and fundamental data.

Jefferies (50% Owner of Berkadia) Formerly known as Leucadia National Corporation, Jefferies is a diversified holding company and global, full service investment banking firm. Jefferies also owns and holds investments in a range of other businesses, mostly within financial services.

Headquartered in New York, with offices in over 30 cities around the world, the firm provides clients with capital markets and financial advisory services, institutional brokerage and securities research, as well as wealth management.

Knight Frank – Berkadia’s strategic global alliance with Knight Frank offers unparalleled access to capital globally, including institutional, sovereign and private wealth, connecting with 23% of Forbes’ billionaires and over 5,400 ultra high net worth individuals.

The Berkadia Advantage.

Maximizing outreach to both traditional hotel investors, multi-disciplined investors, regional owner-operators, private equity, family office and High-Net-Worth Individuals (HNWI) is essential in marketing processes.

Leading With Collaboration.

A Strategic Partnership Delivering Unmatched Results

Berkadia At Berkadia, we lead the commercial real estate industry with long term investments in our people and technology that deliver a superior client experience and value.

$30B+ investment sales transaction volume* total loan origination volume*

$60B* Freddie Mac Lender** #1 GSE & HUD Lender by Total Volume** #2

Jefferies

One of the largest global full service investment banks with 95+ sectors covered in depth and $1.7 trillion of transactions closed in the last three years.

Knight Frank

Investment Bank Global Investment Bank

SMBC

Knight Frank’s 130 year legacy as the largest privately owned capital markets platform allows Berkadia to deliver clients greater value and more investment opportunities.

€13B living transactions in UK and EU since 2023 dedicated living sector deal makers in Europe 80+ Employees 27,000+ Offices 740+

One of the largest financial institutions globally by total assets, providing an extensive range of financial services to corporate and consumer clients. #2 Japanese Bank1 Total Assets1

$436 billion

Berkadia’s loan servicing portfolio UPB as of year end 2025 ranks Berkadia among the top U.S. non bank commercial mortgage servicers in the industry.

$4+ billion

In 2025, Berkadia Hotels & Hospitality advised, financed, and sold over $4 billion across 75 transactions.

$60 billion

From 2024 and 2025, Berkadia’s mortgage banking teams financed $60 billion across over 2,710 loans.

$30 billion

From 2024 and 2025, Berkadia’s investment sales volume totaled $30 billion across over 1,110 transactions.

But, they help tell our story. Success is not purely measured by numbers.

Current Listings

Explore Berkadia’s current Hotel & Hospitality listings, backed by insight-driven investment expertise.

Corendon Curacao All-Inclusive Resort Portfolio: Mangrove Beach Corendon Curacao All-Inclusive Resort (399 keys) The Rif at Mangrove Beach Corendon Curacao All-Inclusive

Kimpton Shorebreak

Huntington Beach Resort

HUNTINGTON BEACH, CA

157 KEYS

Opened

2009

Meeting Space

12,600 SF

Brand Availability

Unencumbered

Mgmt. Availability

Unencumbered

Contact

Holt, Hall, Lapping

Highlights:

◦ Irreplaceable oceanfront location along Pacific Coast Highway, steps from the Huntington Beach Pier

◦ Institutional-quality, boutique lifestyle resort with premium amenities, and strong in-place cash flow

◦ Fully unencumbered, fee simple, non-union asset, offering a true “blank canvas” opportunity

◦ Compelling value-add opportunities through repositioning, targeted capital initiatives, addition of guestrooms and activation of underutilized spaces/patios/balconies

Highlights:

◦ Newly-renovated institutional quality asset ($125m+)

◦ Meaningful near and long-term value-add initiatives

◦ Accelerated cash flow ramp post-renovation with significant upside opportunities

◦ Dynamic Harbor Island location adjacent to San Diego Intl. Airport

◦ San Diego: 10.9% YTD RevPAR growth through Q1 2026 (ranked 5 of top 25 markets)

1,065

Holt, Hall, Lapping

The Bay Club

Hotel & Marina

SAN DIEGO, CA

105 KEYS

Opened 1985

Meeting Space

2,255 SF

Brand Availability

Unencumbered

Mgmt. Availability

Unencumbered

Contact

Hall, Holt, Lapping

Highlights:

◦ Irreplaceable waterfront location on Shelter Island with every guestroom offering water views

◦ Durable and diversified revenue streams from Hotel, F&B and Marina operations

◦ Full-service 150-slip marina

◦ Significant upside through value-add capital and operational initiatives

Highlights:

◦ Fully unencumbered property with significant near and long-term value-add opportunities

◦ Strategic location in the heart of Gaslamp, walking distance to Downtown San Diego’s leading demand generators

132 KEYS

Opened/Reconstructed 1880's/1986

Meeting Space

11,714 SF

Brand Availability Unencumbered

ONTRAC

◦ San Diego landmark asset with rich history

◦ 132-Key Horton Grand Hotel

◦ 24,000-square-foot Horton Grand Theatre

◦ 5,000-square-foot multipurpose warehouse

Mgmt. Availability Unencumbered

Contact Hall, Holt, Lapping

41 KEYS

Opened 1958

Meeting Space

N/A

Brand Availability

Unencumbered

Mgmt. Availability

Unencumbered

Contact

Hall, Holt Lapping

Highlights:

◦ World-class destination luxury wellness retreat in North County San Diego

◦ Iconic, irreplaceable resort set upon 600 expansive acres

◦ Extensive existing & scalable infrastructure including hotel, spa, farm and retail

◦ Unique development opportunity including additional keys and/or residential or commercial density

◦ Additional 2,000 acres nearby can be included in transaction

Highlights:

◦ Premier West Hollywood location at the nexus of Sunset Boulevard and Santa Monica Boulevard

◦ Upscale, all-suite boutique lifestyle hotel featuring oversized guestrooms, private balconies, and a rooftop pool experience

◦ Fully unencumbered, fee simple, non-union asset, offering a true “blank canvas” opportunity

◦ Compelling value-add opportunity through strategic renovation and repositioning

◦ Strong demand fundamentals driven by West Hollywood’s limited new supply pipeline and resilient RevPAR growth

The Westin Sacramento

Riverfront Hotel & Spa

SACRAMENTO, CA

101 KEYS

Opened/Renovated

2008/2025

Meeting Space

7,887 SF (Indoor & Outdoor)

Brand Availability

Encumbered

Mgmt. Availability

Unencumbered

Contact

Kelso, Michels, Holt, Forester

Highlights:

◦ Recently renovated, premium-quality asset with a differentiated product and efficient operating model anchored by leased F&B and spa

◦ Material upside from F&B growth, expanded riverfront events, and continued ramp from the recent renovation and marina activation

◦ Best-in-class riverfront location drawing demand from the Bay Area, Napa, and Tahoe, commanding a rate premium to the market

◦ Marriott affiliation with management flexibility

Highlights:

◦ Ideal midtown south location proximate to Grand Central, Penn Station, Bryant Park, Hudson Yards

◦ Fully unencumbered property offered far below replacement costs and owners basis

◦ Over $24.0 million ($136,000 per key) of capital improvements over the last 10 years

◦ Significant upside through branding, F&B repositioning, and minor capital improvements

Residence Inn

Secaucus Meadowlands

SECAUCUS, NJ

154 KEYS

Opened 2015

Meeting Space

828 SF

Brand Availability

Encumbered

Mgmt. Availability

Unencumbered

Contact

NY Hotel Team

Highlights:

◦ Extremely attractive in-place yield with strong RevPAR exceeding $175 for three consecutive years

◦ Six story, 154-suite extended stay hotel purpose-built in 2015 with steel and concrete construction

◦ Located only 3 miles from New York City and 4.5 miles from American Dream and MetLife Stadium

◦ Situated in the 550-acre Harmon Meadow mixed-use campus surrounded by over 2mm SF of office space

◦ Adjacent to the 61,000 sf Meadowlands Exposition Center that generates strong group demand

◦ Immediately surrounded by 30+ restaurants and extended stay amenities including a movie theatre, grocery stores, and a Lifetime Fitness

◦ 77.5%+ Occupancy Market

Highlights:

◦ Institutional-Quality 191-Room Hotel With Robust Operating Performance

◦ High-Growth Location In The Heart Of Reston And In The Dulles Technology Corridor

◦ Superior Guestroom Product With High Overall Suite Count

◦ Westin Franchise Expires In 2028 Allowing For Unique Optionality

◦ Dynamic Location With Proximity To Blue-Chip Corporate Demand, Dulles Airport, Access To Downtown DC

◦ Additional Value Enhancement Opportunities

Miami Airport Marriott Portfolio:

Marriott Miami Airport (371 keys)

Courtyard Miami Airport (301 keys)

Residence Inn Miami Airport (164 keys)

MIAMI, FL

836 KEYS

Opened

Marriott: 1971

Courtyard: 1979

Residence Inn: 2009

Meeting Space

Marriott:16,441 SF

Courtyard: 2,882 SF

Residence Inn: 650 SF

Brand Availability Encumbered Mgmt. Availability Encumbered (Marriott Managed)

Contact Charre, Weimer, Jin

Highlights:

◦ Three-property campus offering unmatched scale and diversity

◦ Exceptional location near Miami International Airport providing easy access to Greater Miami

◦ Consistent history of strong cash flow

◦ Offered at a significant discount to replacement cost

◦ Well-maintained portfolio, with renovation upside across the three properties

◦ Best-in-class Marriott branding

Highlights:

◦ Excellent Location: The Resorts offer a tranquil beachfront setting near cultural landmarks and transportation hubs, outside the hurricane belt

◦ Purpose-Built Resorts: Opened in 2020 and 2023, these properties are the newest all-inclusive resorts on the island

◦ Economies of Scale: The Resorts achieve cost efficiencies while catering to distinct guest segments— family friendly and adults-focused

Corendon Curacao All-Inclusive Resort Portfolio

Mangrove Beach (399 keys) The Rif at Mangrove Beach (384 keys) WILLEMSTAD, CURACAO 783 keys

Opened

Mangrove Beach (2020)

The Rif (2023)

Meeting Space

8,252 SF

Brand Availability

Encumbered

Mgmt. Availability

Unencumbered Contact

Weimer, Garcia Chacon, Jin

◦ Cash Flow: The Resorts produced $24M of NOI in 2025

◦ Top Caribbean Lodging Market: Curaçao’s lodging market boasts the third highest 10-year RevPAR CAGR among top Caribbean destinations

◦ Booming All-Inclusive Segment: The Properties benefit from Hilton’s Curio Collection affiliation and demand for premium branded experiences in the all-inclusive segment

Charre,

The Morgan Resort & Spa

122 KEYS

Opened

2021

Meeting Space

340 SF

Brand Availability

Unencumbered

Mgmt. Availability

Unencumbered

Contact

Weimer, Charre, Vazquez

Highlights:

◦ Recently redeveloped, institutional-quality resort

◦ Strong and steadily growing cash flow

◦ Unencumbered by brand and management

◦ 2.8 acres of excess land with fully entitled plans for a 121-unit condo-hotel development

◦ Casino building could be reopened as a casino, leased to a third-party operator, or converted to indoor meeting space

◦ St. Maarten's tourism growth, with record air arrivals and strong cruise momentum

◦ Excellent lodging market performance, with RevPAR increasing at a 7.3% CAGR from 2016 to 2025, including 17.1% YoY RevPAR growth in 2025

Highlights:

◦ Significant value-add through renovation and repositioning

◦ Irreplaceable National Historic Landmark asset

◦ Flagship Downtown Cincinnati location

◦ Catalyst from broader downtown redevelopment

◦ Distinctive luxury food & beverage platform

◦ Key count optimization & product enhancement opportunity

Home2 Suites / Tru Minneapolis Mall of America BLOOMINGTON, MN

182 KEYS

Opened 2020

Meeting Space

N/A

Brand Availability

Encumbered

Mgmt. Availability

Unencumbered

Contact

Hawkins, Pietras

Highlights:

◦ Purpose-built dual-brand hotel in excellent condition offered at an attractive basis below replacement cost

◦ Long-term FLA available with award-winning and rapidly growing brands that are bolstered by an industry-leading loyalty program-Hilton Honors

◦ Institutional-level RevPAR (+$100) with strong market share and attainable top-line growth potential

◦ Considerable in-place cash-flow with attainable opperational efficiency upside

◦ Premier location proximate to one of the nation's busiest lifestyle centers and transportation hubs

◦ Favorable supply story with no new hotels under construction or in-planning (5-mile radius)

◦ Primed to capitalize on significant local development and the region's continued economic growth trajectory

Highlights:

◦ All-suite, full-service hotel with significant 2017 renovations offered at a compelling basis far below replacement cost

◦ Non-union, and unecumbered of management with a minimally impactful long-term ground lease

◦ Rapidly growing MSA on an outstanding economic growth trajectory

◦ Strong in-place top-line performance with attainable growth potential

◦ Cash-flowing hotel with immediate operational efficiency upside

Sheraton Suites Dallas Market Center

DALLAS, TX 253 KEYS

Opened/Renovated 1989/2017

Meeting Space

3,650 SF Brand Availability Encumbered

Mgmt. Availability

Unencumbered

Contact

Stevenson, Hawkins, Pietras, Isenberg

◦ Highly coveted Dallas Market Center location centered among the submarket's top demand drivers and retail amenities

◦ Dynamic location along Stemmons Freeway (I-35E) with immediate access to two the region's two major airports - Dallas Love Field & DFW

◦ Poised to significantrly capitalize on the $3.9 billion renovation/expansion of the Convention Center

Courtyard Pittsburgh

North/Cranberry Woods

CRANBERRY TOWNSHIP, PA

125 KEYS

Opened

2012/2026

Meeting Space

930 SF

Brand Availability

Encumbered

Mgmt. Availability

Unencumbered

Contact

Hawkins, Pietras

Highlights:

◦ Purpose-built, concrete and steel constructed hotel amid a transformational 'gut' renovation offered at an attractive basis below replacement cost and recent comparable sales

◦ Long-term FLA available with highly coveted flag and best-in-class global loyalty program

Favorable supply story with no new hotels under construction

◦ Strong in-place top-line performance with attainable growth potential

◦ Cash-flowing hotel with immediate operational efficiency upside

◦ Centered among a highly amenitized suburban office hub and bolstered by a diverse mix of demand channels

◦ Primed to benefit from active local development pipeline and Pittsburgh's economic growth trajectory

Highlights:

◦ Recently renovated ($5.3 million or $140k/key) boutique hotel featuring an unrivaled apartment-style product offering

◦ Compelling value-add opportunities related to potential brand affiliation and expansion of the existing key count

◦ Exceptional realized top-line performance and ADR ($300) with attainable upside

The

NEW ORLEANS, LA

38 KEYS

Opened/Renovated

1900/2021

Meeting Space N/A

Brand Availability

Unencumbered

Mgmt. Availability

Unencumbered

Contact

Stevenson, Hawkins, Pietras, Isenberg

◦ Outstanding projected cash-flow to offer year 1 yield

◦ Highly coveted location in New Orleans’ famed French Quarter with walkability to the city’s top demand drivers, retail amenities, and public transportation

◦ Primed to capitalize on a highly active development pipeline featuring a multitude of transformational projects

Casa Boutique Hotel

MIAMI BEACH, FL

32 KEYS

Opened 1925

Meeting Space

N/A

Brand Availability

Unencumbered

Mgmt. Availability

Unencumbered

Contact Castillo, Jin

Highlights:

◦ Exceptional South Beach location just two blocks from Ocean Drive and the beach

◦ Unencumbered by brand and management provides full operational flexibility for a new owner

◦ Favorable NNN restaurant lease

◦ Guestroom renovation upside

Highlights:

◦ Recently renovated asset with moderate upfront capital requirements

◦ Tampa Bay is a top 15 occupancy, ADR, and RevPAR hotel market

◦ Tampa North/Busch Gardens hotel submarket performance has experienced significant growth that is expected to continue

Sahlsten

◦ Immediate proximity to major economic drivers with heavy focus on “Eds and Meds" economy, tech and financial services plus anchor leisure destinations

◦ Staggering local investment creating a dynamic live-work-play destination

◦ Stable supply picture with inventory taken offline and no new supply under construction

Fairfield Inn & Suites

Orlando Ocoee

OCOEE, FL (ORLANDO MSA)

80 KEYS

Opened/Renovated

2004/2023

Meeting Space

N/A

Brand Availability

Encumbered

Mgmt. Availability

Unencumbered

Contact

Castillo, Sahlsten

Highlights:

◦ Orlando is a top 10 occupancy, ADR, and RevPAR hotel market

◦ Dynamic growth in the Ocoee and Apopka submarkets of the Orlando MSA

◦ Significant recent renovations that enhance the asset’s appeal and operational efficiency

◦ Strategic position in a prime location with unparalleled accessibility and proximity to key attractions and amenities

◦ Proximity to world-class attractions and the epicenter of Orlando’s tourism industry

HOTELS & HOSPITALITY TEAM

LEADERSHIP

Andy Wimsatt

Head of Hotels & Hospitality, Senior Managing Director

301.202.3571

andy.wimsatt@berkadia.com

MORTGAGE BANKING

Scott Hall

Senior Managing Director

858.257.4724

scott.hall@berkadia.com

Jennifer Dakin

Managing Director

202.669.6119

jennifer.dakin@berkadia.com

Lindsey deButts

Senior Director

240.204.5131

lindsey.debutts@berkadia.com

Ethan Wagner

Associate Director

814.574.7376

ethan.wagner@berkadia.com

LaQuint Lockhart

Senior Director of Operations

301.202.3561

laquint.lockhart@berkadia.com

Jared Kelso

Senior Managing Director

617.378.1174

jared.kelso@berkadia.com

Matt Raptosh

Managing Director

215.328.1318

matt.raptosh@berkadia.com

John Kluh

Associate Director

301.202.3563

john.kluh@berkadia.com

Connor Wimsatt

Associate Director

240.204.5138

connor.wimsatt@berkadia.com

Steve Michels

Senior Managing Director

607.592.4020

steve.michels@berkadia.com

Mauricio Rodriguez Managing Director

240.204.5133

mauricio.rodriguez@berkadia.com

Katelyn Reynolds Associate Director

301.202.3549

katelyn.reynolds@berkadia.com

INVESTMENT SALES

Christian Charre

Senior Managing Director

786.646.2585

christian.charre@berkadia.com

Jared Kelso

Senior Managing Director

617.378.1174

jared.kelso@berkadia.com

Paul Weimer

Senior Managing Director

917.459.5480

paul.weimer@berkadia.com

Dan Hawkins

Managing Director

240.204.5139

dan.hawkins@berkadia.com

Christian Overton

Senior Director

301.202.3570

christian.overton@berkadia.com

Jake Pietras

Associate Director

301.202.3548

jake.pietras@berkadia.com

Scott Hall

Senior Managing Director

858.257.4724

scott.hall@berkadia.com

Ryan Lindgren

Senior Managing Director

312.845.1884

ryan.lindgren@berkadia.com

Natalie Castillo

Managing Director

786.646.2592

natalie.castillo@berkadia.com

Dave Weymer

Managing Director

240.204.5130

dave.weymer@berkadia.com

Steven Vazquez

Senior Director

646.432.7494

steven.vazquez@berkadia.com

Kyle Sahlsten Associate Director

813.574.1398

kyle.sahlsten@berkadia.com

Andrew Holt

Senior Managing Director

602.522.1423 andrew.holt@berkadia.com

Steve Michels

Senior Managing Director 607.592.4020

steve.michels@berkadia.com

Fernando Garcia-Chacon Managing Director

786.554.6789

fernando.garcia-chacon@berkadia.com

Aaron Lapping Senior Director

858.257.4725

aaron.lapping@berkadia.com

Jennifer Jin

Vice President – Production 305.266.5921 jennifer.jin@berkadia.com

Michael Forester Associate 443.928.4158

michael.forester@berkadia.com

SAN DIEGO PHOENIX
CHICAGO
AUSTIN

BOSTON

NEW YORK WASHINGTON, D.C.

Austin 2500 Bee Cave Road Building 3, Suite 550 Austin, TX 787460

Boston 125 High Street Suite 1712 Boston, MA 02110

Chicago 125 S. Wacker Drive Suite 400 Chicago, IL 60606

DC Metro 4445 Willard Avenue Suite 1200 Chevy Chase, MD 20815

Los Angeles

11111 Santa Monica Blvd Suite 400 Los Angeles, CA 90025

Miami 1111 Brickell Avenue Suite 1650 Miami, FL 33131

New York 521 Fifth Avenue 16th Floor

New York, NY 10175

Orlando 300 South Orange Avenue Suite 1325

Orlando, FL 32801

Phoenix 2425 E Camelback Road Suite 960 Phoenix, AZ 85016

San Diego 4275 Executive Square Suite 700 La Jolla, CA 92037

Tampa W Kennedy Blvd Tampa, FL 33609

MIAMI
TAMPA ORLANDO