Peachtree Group (“Peachtree”) has appointed Michael Bernath as senior vice president of acquisitions. In this role, he will report to Brian Waldman, Peachtree’s chief investment officer, and oversee the company’s national hospitality acquisition program.
Bernath brings over 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, Bernath was involved in over $3.0 Billion in transactions of select-service and full-service hotel assets across the U.S.
Before his brokerage tenure, Bernath was vice president of 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.
“We are delighted to welcome Michael back to Peachtree,” Waldman said. “His experience, industry relationship and skills are an ideal match as we expand our hospitality portfolio. 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.”
“I am delighted to rejoin Peachtree at this stage of its growth trajectory,” 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.”
Bernath is a graduate of the University of Georgia’s Terry College of Business with a degree in economics.
About Peachtree Group
Peachtree is a private equity investment, asset and fund management firm focusing on opportunistically deploying capital across its distinct operating and real estate divisions, including hospitality, commercial real estate lending, residential development, capital markets and media. Since its founding in 2008, the company has completed hundreds of real estate investments valued at more than $8.1 billion in total market capitalization and currently more than $2.0 billion in equity under management. For more information, visit www.peachtreegroup.com.