Behringer Looks for Repositioning Opportunities in Hospitality
Recently launched Behringer Lodging Group, LLC (BLG) is a newly formed joint venture between Behringer Harvard Holdings, LLC (Behringer) and Bullwhip Capital Partners, LLC (Bullwhip) that will focus on acquiring and repositioning hospitality properties.
“Behringer Lodging Group represents a formal and dedicated commitment to an important part of our strategic heritage,” said Robert Aisner, President and CEO of Behringer.
Matt Comfort and Jeff Burns will lead BLG as managing directors.
Combined the duo has more than 30 years of real estate experience in the hospitality space and have been involved in $15 billion worth of real estate transactions.
Burns most recently oversaw Behringer’s hospitality acquisition, disposition, and asset management while Comfort recently left Jones Lang LaSalle where he was head of its hotel investment banking group in order to form Bullwhip.
“We’re pleased that this new venture brings together key industry talent with significant experience and our long track record in the hospitality space,” added Aisner.
“BLG will combine a flexible, entrepreneurial spirit with an established, institutional style,” notes Burns. “This approach will allow us to make opportunistic investments in the hospitality space and position our assets to achieve their full potential.”
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