Business Details
32 Years
experience
Trusted Hotel & Casino Real Estate Advisors in Phoenix
Founded in 1994 by Michael Cahill, our firm has established itself as a national leader in hospitality real estate advisory services. We combine decades of hands-on experience in hotel ownership, development, and management with a collaborative team approach to deliver tailored solutions for our clients. Our professionals have authored over 100 industry publications and maintain active roles as educators and thought leaders in hospitality real estate.With 23 strategically located offices across the United States, we leverage our extensive industry network to provide clients with exclusive market insights and opportunities. Our commitment to innovation and creative problem-solving has earned us recognition for resolving complex lodging real estate challenges while maintaining an unwavering focus on client success.
Services
Property Sales
Debt Financing
Consulting Services
Appraisal Services
Litigation Support
Details
- Year established: 1994
Highlights and features
- We offer 30 years of specialized expertise in hospitality real estate transactions
- Our team approach ensures full firm commitment to every client engagement
- We combine hotel ownership, management, and financing experience across all roles
- National platform with 23 local offices provides comprehensive market coverage
- Proven track record in resolving complex lodging industry real estate challenges
Services
Property Sales
Our property sales division specializes in hotel and casino transactions with a proven track record of over 800 completed deals. We leverage our national platform and industry relationships to secure optimal outcomes for sellers and buyers. Our team's deep understanding of hospitality assets ensures accurate valuation and effective marketing strategies.
Debt Financing
We arrange debt placements and capital solutions for hospitality properties through relationships with major lenders and financial institutions. Our expertise includes structuring complex financing deals that maximize returns while meeting investor requirements. The team has secured over $6 billion in debt placements since 2020.
Consulting Services
Our consulting division provides strategic guidance for hotel investments including market analysis, feasibility studies, and portfolio recapitalization. We offer expert witness testimony and litigation support with industry-recognized professionals. Our advisory approach combines operational and real estate expertise for comprehensive solutions.
Appraisal Services
We deliver accurate property valuations for hospitality assets through detailed market analysis and industry-specific methodologies. Our appraisal team includes certified professionals with extensive experience in hotel real estate valuation. Services support transaction decisions, financing requirements, and investment strategies.
Litigation Support
Our litigation support services provide expert analysis and testimony for hospitality real estate disputes. We offer valuation opinions, damage assessments, and expert witness services with court-admitted professionals. The team's industry expertise ensures reliable, defensible conclusions for legal proceedings.
People
Michael Cahill
CEO & Founder
Industry veteran with 30+ years experience in hospitality real estate, founder of HREC in 1994, recognized expert in hotel transactions and advisory services.
Scott Stephens
COO & Senior Principal
Senior hospitality industry executive with extensive transaction experience, managing complex deals across diverse property types and market conditions.
Mark Mitroka
Senior Vice President
Hotel real estate specialist with deep market knowledge in Texas and southwestern markets, active in major industry transactions.
Len Wormser
Senior Vice President
New Orleans market expert with specialized knowledge of Gulf Coast hospitality assets and investment opportunities.
Jeffrey Duni
Senior Vice President
Denver-based hospitality real estate professional with expertise in mountain region transactions and investment strategies.
Questions
What hospitality real estate services do you offer?
We specialize in hotel and casino property sales, debt financing, consulting, appraisal services, and litigation support across North America.
How does your team approach real estate transactions?
Our collaborative team approach combines industry expertise with local market knowledge to deliver tailored solutions for each client engagement.
What makes your firm different from other real estate advisors?
Our professionals bring combined experience as hotel owners, developers, franchisors, and lenders with a proven track record in complex transactions.
Do you handle both sales and financing transactions?
Yes, we manage complete transaction cycles including property sales, mortgage brokerage, and capital placement for hospitality assets.
What geographic markets do you cover?
We maintain 23 offices across major US markets with national reach and local expertise in key hospitality destinations.
