# HREC Investment Advisors

> HREC Investment Advisors is a privately held hospitality real estate advisory firm that helps hotel owners, investors, lenders and developers sell properties, place debt and equity, test projects, value assets and navigate complicated ownership decisions. Its edge is specialization: the firm treats a hotel as both a building and a living operating business, then packages the awkward details into a transaction story that buyers and lenders can underwrite.

- **Founded:** 1994
- **Headquarters:** Greenwood Village, United States
- **Founders:** Michael Cahill (CEO and Founder)
- **Team size:** LinkedIn lists 11-50 employees; the supplied company record lists 63 employees.
- **Products:** Hotel property brokerage, Mortgage brokerage and debt placement, Equity placement and investment banking, Market studies and valuation, Hotel asset management
- **Notable:** The firm says its leaders have arranged more than 600 hotel sale and finance transactions exceeding $9 billion., A separate HREC capital-markets overview says principals and associates have completed more than $15 billion in sales and financings at HREC and predecessor firms, including more than $6 billion in debt placements., HREC reports Hotel Business Deal of the Year wins in 2003, 2004, 2005 and 2006 across sales, financing and other categories.

## Products & services

- **Hotel property brokerage** — Single-asset and portfolio sales, acquisition work, marketing, buyer outreach, negotiation and transaction execution across lodging segments.
- **Mortgage brokerage and debt placement** — Refinancing, acquisition, construction, bridge, mezzanine and corporate debt sourcing and structuring.
- **Equity placement and investment banking** — Joint ventures, mezzanine equity, recapitalizations, strategic planning, M&A consultation and distressed-property workouts.
- **Market studies and valuation** — Demand analysis, feasibility studies, appraisals, hold/sell analysis, investment due diligence and litigation support.
- **Hotel asset management** — Operating reviews, contract and PIP negotiation, capital planning, repositioning and owner representation.

## Achievements

- The firm says its leaders have arranged more than 600 hotel sale and finance transactions exceeding $9 billion.
- A separate HREC capital-markets overview says principals and associates have completed more than $15 billion in sales and financings at HREC and predecessor firms, including more than $6 billion in debt placements.
- HREC reports Hotel Business Deal of the Year wins in 2003, 2004, 2005 and 2006 across sales, financing and other categories.
- The Lansdowne Resort sold for $115.8 million in 2003 after the original equity-partner strategy changed to a sale.
- The Lodgian portfolio refinancing generated about $74 million across seven hotels in three months.
- Michael Cahill says he has counseled on more than 4,000 lodging and gaming properties, authored more than 85 industry articles and lectured to more than 55 industry organizations.

## Latest updates

- **2026-08** — HREC listed the Fairfield by Marriott Inn & Suites Whitestown Indianapolis NW among its recently closed transactions.
- **2026-07** — The firm listed closings including HomeTowne Studios Cherry Creek, Hyatt Place Pensacola Airport and TownePlace Suites Austin South.
- **2026-06** — HREC and KLNB arranged the $35 million sale of Arlington Court Suites for a planned hotel-to-residential conversion.
- **2026-06** — The firm listed five June closings including Hyatt House Mayo Clinic and Hilton Garden Inn Bothell.
- **2025-05** — HREC published the 2025 LIIC Top Ten survey of hotel-investment trends and challenges.

## Links

- Website: https://hrec.com
- LinkedIn: https://www.linkedin.com/company/hrec-investment-advisors

---

Profile page: https://yespress.io/hrec-investment-advisors
Published by YesPress — https://yespress.io
Last updated: 2026-08-21