Investing in Hospitality with Highline Hospitality Partners

In this episode of Real Estate for Breakfast, host Phil Coover, joined by co-host Jay Augustyn, chats with Todd Roffman and Jordan Scheiman of Highline Hospitality Partners (HHP), a family office platform focusing on investments in hospitality assets throughout the United States. On the podcast, Todd and Jordan discuss their backgrounds in hospitality investment and asset management and what excites them about the potential of the HHP platform. Todd and Jordan highlight the advantages of operating as part of a family office platform—greater flexibility in identification of investment opportunities throughout the capital stack, return thresholds and asset hold timeframes. They then share lessons learned in hospitality asset management throughout the COVID-19 pandemic and outline innovations that will endure beyond the end of the pandemic. Todd and Jordan provide their insights into the current state of the hospitality market and opportunities for debt and equity investment in hotel assets in the post-pandemic world. <figure class=" sqs-block-image-figure intrinsic " > <figure class=" sqs-block-image-figure intrinsic " > Todd Roffman is a partner at HHP, responsible for identifying and evaluating new investments in the hospitality sector and asset management of HHP’s existing hospitality portfolio. Prior to joining Highline, Todd was a Director at Garrison Investment Group, a New York based private equity fund, where he was responsible for executing on new hotel acquisitions as well as all aspects of asset management of Garrison’s hospitality portfolio (peak exposure of 55 hotels and nearly 10,000 keys). In his time at Garrison from 2013 through 2019, Todd lead or assisted in the acquisition of 44 hotels totaling more than 7,000 keys with a combined value in excess of $830MM. Todd received a B.A. in Economics from Tufts University. <figure class=" sqs-block-image-figure intrinsic " > Jordan Scheiman is a managing director at HHP, responsible for sourcing, evaluating and capitalizing new debt investments in the hospitality sector. Prior to joining Highline, Jordan was a Vice President in the Investment Group of Rockbridge Capital, a private equity fund manager focused exclusively on investments in the hospitality space. Before Rockbridge, Jordan was a Director of Garrison Investment Group where he was responsible for managing all real estate financings across multiple active closed-end private equity funds and separately managed accounts for the firm’s approximately $2 billion in commercial real estate assets under management.&nbsp;Jordan holds a B.A. in Economics and Spanish (Phi Beta Kappa) from Vanderbilt University.For more information, please visit https://highlinehp.com/