FOR IMMEDIATE RELEASE
Contact:
Tim Churchwell
Director of Commercial and Special Markets
Exit Realty Central
757-295-9999
tecproperties@gmail.com
Congratulations Matt Winston!
Director of Lodging
Hampton Roads, Virginia (Grassroots Newswire) 01/09/12 -- EXIT Realty Central and EXIT Commercial and Special Markets Division of EXIT Realty Central is pleased to have Matthew S. Winston aboard as the Director of Lodging. Matt founded Tidewater Lodging Company, and began evaluating hotels as an investment in March of 2003. He successfully promoted Virginia Beach’s $100mm Headquarters Hotel project and brought Hyatt Hotels Corporation to the table with the City, as the designated hotel flag. His work ultimately netted an equity partner with over $1.3 billion in assets and resulted in an offer to move in-house with with a national lodging group where he reviewed over $800mm in hotel deals, made offers on $100mm of those and successfully negotiated the acquisition of $27mm in hotel properties.
He currently oversees a Marriott-flagged hotel, where he initially led a successful turnaround effort for the lender on this stressed hotel asset. Also, he is currently asset managing for a Baltimore-based group and is providing consulting services for groups looking to reposition and sell in this challenging market.
His experience includes facilitating transactions, broker’s opinions of value, investment analysis, franchise relations, strategic planning, and overall operational review. Matt resides in the West Ghent neighborhood of Norfolk, VA with his wife, Myong and two children, Gabe and Isabella.
Matt is one of only a handful of experts in the lodging industry in the United States. Exit Commercial and Special Markets Alliance is honored to have him aboard. His addition demonstrates the commitment Exit Realty Central has placed in providing comprehensive full service real estate solutions to clients and customers throughtout eastern Virginia and eastern North Carolina.
For more information about EXIT Realty Central, please call 757-295-9999. EXIT Realty Central is located at 3933 Portsmouth Blvd. Chesapeake, VA 23321.
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