Hotel Brokerage Veterans Launch Alchemy Real Estate Advisors
New York, NY—Hotel and real estate industry veterans Adam Montufar, Bennett Webster, Brent Clemens, and Joe Cuomo have announced the official launch of Alchemy Real Estate Advisors, a hospitality brokerage firm focusing on institutional clientele. The team brings 70 years of collective experience and over $7 billion in aggregate transaction volume across more than 500 hotel property and non-performing loan transactions. Alchemy Real Estate Advisors will deliver a client-first experience focusing on hotel investment sales, capital markets, consulting, and market commentary.
The Alchemy Real Estate Advisors team will differentiate its offering by utilizing new sales technology to drive marketing efficiencies for its clients. “Historically, the key to our success has been through a unique blend of institutional acumen and a diligent approach to every transaction. We are excited to leverage these attributes with systems that will afford our team and clients scale,” says Montufar.
Webster, Clemens, and Montufar were Senior Managing Directors at Paramount Lodging Advisors before founding Alchemy Real Estate Advisors. They focused on institutional sales, concentrating on larger private equity firms, publicly and privately traded REITs, CMBS special servicers, banks, and debt funds. “Our extensive institutional relationships and vast combined transaction experience are the cornerstones of the Alchemy Real Estate Advisors service offering,” adds Webster.
Alchemy Real Estate Advisors formed from a long-standing professional friendship among the four founding members. “Coming together with our good friend Joe allows us to shape the team ethos and processes to align with our core values. We are excited to create a culture that reflects our professional and personal commitment to our clients and one another,” noted Clemens.
Before joining the group, Cuomo oversaw institutional sales for the Ten-X auction platform. In addition to his extensive commercial real estate disposition experience, Joe brings a combination of CMBS, capital markets, and investment banking expertise to the team. “My background in investment banking and special servicing provides our team, clients, and prospective buyers with a distinct perspective on distressed property sales and non-performing loans,” Cuomo explains.
Alchemy Real Estate Advisors launches with a strong national presence in the northeast, southeast, and Midwest, including primary offices in New York, Miami, Chicago, and Des Moines.
###
About Alchemy Real Estate Advisors
Alchemy Real Estate Advisors is a hospitality brokerage firm specializing in hotel investment sales, capital markets, consulting, and market commentary. The company was founded by Adam Montufar, Bennett Webster, Brent Clemens, and Joe Cuomo. The team will focus on institutional clientele, including larger private equity firms, publicly and privately traded REITs, CMBS special servicers, banks, and debt funds.
Media Contact:
Adam Montufar
Alchemy Real Estate Advisors
312.576.2011
[email protected]
www.alchemyrea.com
