Chris Hanrattie has been appointed as Managing Director, Head of Hospitality at M2G Ventures
M2G Ventures, a Texas-based real estate investment and development company, launched its hospitality vertical to complement its existing investment strategies of acquiring, designing and developing infill industrial and mixed-use assets. The firm brought in veteran real estate investment executive Chris Hanrattie as Managing Director, Head of Hospitality, to lead the efforts.
M2G will focus on hospitality projects where the company can implement its creative value-add strategies to drive RevPAR growth and improve operational efficiency, Essl added.
"M2G's track record of finding underutilized assets, coupled with the tenacity and market knowledge of its leaders, made this the right opportunity," Hanrattie said. He will lead sourcing, evaluating and managing hospitality investments.
Hanrattie most recently served as Senior Vice President, Investments and Head of Hospitality for Crescent Real Estate LLC, in Fort Worth. His experience includes oversight of Crescent's hospitality vertical, where he was responsible for the hospitality investment strategy, leading acquisitions and dispositions.