/Tag: waterton


Waterton Hires Matt Mering as EVP, Hospitality

Waterton | April 11, 2019

CHICAGO, April 11, 2019 -- Waterton, a Chicago-based real estate investor and operator, is pleased to announce the hiring of Matt Mering as executive vice president, hospitality. Mr. Mering will be responsible for the formulation and execution of Waterton's hotel investment strategy, oversight of asset management and further developing investor relationships. Mr Mering joins Waterton with over 23 years of hospitality experience. He most recently served as director of development at Graves Hospitality, where he was responsible for identifying new hospitality development and acquisition opportunities and oversight of the company's...

Waterford Hotel Group Merges With Waterton Adding Eight Hotels to Management Portfolio

March 10, 2019

March 11-- Mar. 11--WATERFORD -- Waterford Hotel Group, the hotel-management company with corporate offices here, has merged with Waterton, a Chicago-based real estate investor and operator, adding eight hotels to a portfolio that now includes 41 properties in nine states. "This is the biggest we've been at any one time," Len Wolman, Waterford's chairman and chief executive officer, said Thursday in a phone interview. Waterford manages the Hyatt Place Mohegan Sun and the Microtel Inn & Suites, both on Norwich-New London Turnpike in Uncasville, as well as the Connecticut Convention Center in Hartford. An approved op...

Waterford Hotel Group and Waterton Forge Partnership

Waterford Hotel Group | March 7, 2019

WATERFORD, Conn., March 7, 2019 -- Waterford Hotel Group, a leading hospitality management company, and Waterton, a Chicago-based real estate investor and operator, today announced that they have joined forces to form a new venture to strengthen and grow their hospitality portfolios. With Waterford Hotel Group ("Waterford") driving operational success for hotel assets, Waterton will concentrate efforts on continued real estate investment strategies including growing the hotel portfolio. David Schwartz is CEO, chairman and co-founder of Chicago-based Waterton. Len Wolman is chairman and CEO of Waterford Hotel Group. "Thi...

Waterton Acquires 356-Room Loews Madison in Downtown Washington, D.C.

Waterton | October 5, 2017

WASHINGTON--Waterton, a U.S. real estate investor and operator, today along with an affiliate of private equity partner Walton Street Capital, L.L.C., announced the acquisition of the 356-room hotel formerly known as the Loews Madison in downtown Washington, D.C. Located at the intersection of M and 15th streets – just a half mile north of the White House – the property has been rebranded as The Madison, a Hilton Hotel. It will be managed by Hilton Hotels & Resorts. Built in 1963, the hotel originally opened as the Madison Hotel at a ceremony attended by President John F. Kennedy and has since hosted every U.S. president...

Loews Madison Hotel Joins Hilton Hotels & Resorts’ Portfolio as The Madison Washington DC, a Hilton Hotel

Hilton Hotels & Resorts | September 25, 2017

WASHINGTON – September 25, 2017– Hilton (NYSE: HLT) today announced that the Loews Madison Hotel will join Hilton Hotels & Resorts' portfolio as The Madison Washington DC, a Hilton Hotel. The 356-room hotel, located in the heart of downtown Washington, D.C., has long offered sophisticated accommodations to some of the capital's most esteemed visitors. In partnership with affiliates of Walton Street Capital and Waterton, The Madison Washington DC is poised to set a new standard for hospitality and elevate Hilton's presence in this globally sought-after destination. Hilton planted its hospitality roots in Washington, D.C. ...

Waterton Appoints Mark Jeffery as General Manager of Sheraton Needham Hotel in Suburban Boston

Waterton | September 19, 2016

CHICAGO & BOSTON--(September 19, 2016)-- Waterton, a U.S. real estate investor and operator, today announced it has appointed Mark Jeffery as general manager of the Sheraton Needham Hotel in Needham, Mass. A 30-year veteran of the hospitality industry, Jeffery will be responsible for overall operations of the 247-key hotel, leading a team of 110 on-site associates. "Mark's extensive experience both in the U.S. and overseas made him uniquely qualified to lead the team at the Sheraton Needham," said Patrick Hansen, senior vice president of hospitality operations at Waterton. "Over the years, Mark has done it all, from spearheadin...

Waterton Associates Integrates Ultima Hospitality and Waterton Residential to Operate as One Entity

Waterton | October 23, 2015

CHICAGO--October 23, 2015--Waterton Associates LLC, a U.S. real estate investor and operator, today announced it has combined its wholly owned apartment and hotel management subsidiaries, Waterton Residential and Ultima Hospitality. Effective immediately, Waterton Associates and the two subsidiaries will operate as a single entity, Waterton, reflecting the broader convergence of the multifamily and hospitality sectors as the firm celebrates its 20th anniversary. "Over the years, we realized that whether we were managing an apartment community or a hotel, our goal was the same: to deliver an exceptional level of service to our customers,...

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