Peachtree Group, a private equity investment, asset and fund management firm, has added Michael Bernath as senior vice president of acquisitions.
In this role, Bernath will oversee the company’s national hospitality acquisition program. He 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.
“His experience, industry relationship and skills are an ideal match as we expand our hospitality portfolio,” comments Brian Waldman, Peachtree CIO. “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.”