“Managing hotels since 1993, Stout Street Hospitality is a fourth generation family business. Throughout our history, we have developed six Magnolia-branded hotels, converted one branded hotel to an independent and three others from independent hotels to soft brands. We have also managed properties for two major brands, as well as two independent hotels ranging in size from 55 – 327 rooms. Most recently, we have successfully produced the results needed by the owners to turn around two hotels in less than three years so the owners could sell.”
“Westport was founded in 2005 by Russel Bernard and a core team of principals who collectively have over 100 years of Real Estate investment management, operating, consulting, and brokerage services experience. Our senior investment professionals have worked together for an average of nearly 20 years – at Westport for over a decade and previously at Oaktree, where Mr. Bernard led that firm’s global real estate investment business for 10 years.
As an independent firm specializing exclusively in opportunistic real estate investing, Westport focuses on generating consistently attractive risk-adjusted returns through a wide range of value-added transactions, distressed assets, financial securities, off-market situations, operating partnerships, development opportunities both domestically and internationally, and “hands-on” solutions to complex situations on behalf of our investors.”