Appointed Managing Director/EVP
At CHMWarnick in Beverly - MA, USA
Olsen brings 29 years of hospitality industry experience spanning investment, brokerage, consulting and hotel asset management. As managing director/EVP, Olsen will maintain his efforts to advise owners, developers, investors and lenders to acquire, reposition and enhance the value of hospitality real estate. He is responsible for asset managing a client portfolio of hotels valued at approximately $500M, including a wide range of operations from newly built luxury/lifestyle assets to select-service portfolios located in primary and secondary markets across the U.S. Olsen brings expertise in development planning and operational ramp-up of new hotels, having opened two properties within the last 24 months alone. He also is responsible for leading a team focused on equity and debt acquisition services and oversees the implementation of special projects related to CHMWarnick's technology platform, Proph+IT™. Olsen's experience spans a broad range of land uses, including hotels and resorts, luxury condominiums, condo-hotels, fractional, time-share, whole-ownership residences and golf courses. He is a graduate of Cornell University, where he earned his Bachelor of Science in Hospitality Management, and a graduate of Massachusetts Institute of Technology, where he received his Master of Science in Real Estate. He is a member of the Hospitality Asset Managers Association (HAMA) and has written several industry articles for lodging operations and finance publications.