Source: RobertDouglas

CHICAGO – Waterton, an experienced owner and operator of hospitality and multifamily properties, announced today it will retain real estate investment banking and advisory firm, RobertDouglas to conduct a mergers & acquisitions search in order to further grow its hotel management platform.

Waterton, which currently operates 13 properties in six states with several industry-leading brand affiliations, is seeking to explore opportunities with mid-sized hotel companies with geographically diversified portfolios in strong primary and secondary markets.

"This is a transformative point in our growing hotel platform," said Nir Liebling, Chief Investment Officer of Hospitality at Waterton. "We are excited to share our vision for the business with prospective partners."

As a deeply experienced intermediary in the hotel space, RobertDouglas has the expertise necessary to transform Waterton's hotel platform by facilitating new market entry and helping achieve necessary scale. RobertDouglas' approach will also be focused on helping Waterton build relationships to create longer-term opportunities with groups not immediately prepared to transact. RobertDouglas will also actively work to improve Waterton's current management platform based on analysis of potential targets.

"Waterton's institutional-quality investment and operating platform make its hotel management business uniquely positioned for growth via a strategic transaction," commented Rob Stiles, a Principal and Managing Director at RobertDouglas. "We are proud to be representing Waterton in this effort and are confident that the market will respond favorably to its best-in-class track record and hospitality leadership."

About
RobertDouglas

RobertDouglas is a real estate investment banking firm with offices in New York, Los Angeles and San Francisco that specializes in the sale, financing and equity capitalization of hotel, resort and gaming properties throughout North America. Founded by two of the hotel industry's pre-eminent finance professionals, Rob Stiles and Doug Hercher, RobertDouglas offers exceptional domestic and international institutional investor and lender relationships. RobertDouglas combines the capital markets sophistication of top-tier investment banks with detailed hotel underwriting and asset management experience, providing the firm with unique capabilities in an underserved market. For more information, contact [email protected] or go to www.robert-douglas.com.

About Waterton

Waterton is a real estate investor and operator with a focus on U.S. multifamily and hospitality properties. Founded in 1995, Waterton executes value-add strategies and manages a national portfolio of multifamily and hospitality properties on behalf of institutional investors, family offices and financial institutions. Since its formation, the company has acquired over $6.5 billion in real estate assets. Waterton is privately held and is headquartered in Chicago with regional teams throughout the United States. As of December 31, 2016, Waterton's portfolio includes approximately $4.2 billion in real estate assets, including approximately 15,000 multifamily units and 10 hotels. Visit Waterton's website: www.waterton.com.

Douglas Hercher
Managing Director & Principal
+1 (212) 993-7424

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