Hospitality N Illinois
Matt Mering;Waterton

Waterton hires hospitality specialist

Waterton, a Chicago-based real estate investor and operator, has hired Matt Mering as executive vice president, hospitality. Mering will be responsible for the formulation and execution of Waterton’s hotel investment strategy, oversight of asset management and further developing investor relationships.

Hospitality N Illinois
Thomas Prins

Thomas Prins joins Hostmark Hospitality as minority partner

Thomas Prins, principal of TQP Capital Partners, a hotel real estate private equity firm focused on value-add and opportunistic investments, has joined Schaumburg, Illinois-based Hostmark Hospitality Group, a leading third-party hotel management company, as a minority partner. In his new role, Prins will be responsible for new business development on behalf of Hostmark and TQP Capital Partners.

Hospitality N Illinois
Len Wolman, chairman and CEO of Waterford Hotel Group

Waterford Hotel Group, Waterton forge partnership to grow hospitality footprint

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 driving operational success for hotel assets, Waterton will concentrate efforts on continued real estate investment strategies including growing the hotel portfolio.