Peachtree Group has appointed Michael Bernath as SVP, acquisitions. In this role, he reports to Brian Waldman, Peachtree’s chief investment officer, and oversees the company’s national hospitality acquisition program.
Bernath brings more than 15 years of hospitality real estate experience to Peachtree. He most recently served as a principal with Avison Young’s national hospitality group and its predecessor, Hotel Assets Group. While at Avison Young, he was involved in more than $3 billion in transactions of select-service and full-service hotel assets across the U.S.
Before his brokerage tenure, Bernath was VP, acquisitions and finance for Peachtree Hotel Group, an affiliate of Peachtree. He began his career at Moody National Companies as an analyst in the hospitality division.
“[Michael’s] experience, industry relationship and skills are an ideal match as we expand our hospitality portfolio,” Waldman said. “We see a strong acquisition market ahead and are confident that his insights and understanding of the hospitality marketplace will further enhance our ability to execute against these opportunities.”
Bernath said, “Peachtree has a best-in-class investment management platform and an excellent industry reputation. I look forward to the opportunities ahead and contributing to the company’s continued success.”
