Jared Kelso and Steve Michels, Hotels & Hospitality | Hired by Berkadia 2024

January 10, 2024

Berkadia Adds Two Investment Sales Advisors to Hotels & Hospitality Platform

NEW YORK, NY – January 10, 2023 – Berkadia announced today the addition of Senior Managing Directors Jared Kelso and Steve Michels to Berkadia Hotels & Hospitality. Kelso and Michels, industry veterans, will be based in New York City. They will report to Berkadia Head of Hotels & Hospitality Andy Wimsatt.

“We’re thrilled to have Jared and Steve join the Hotels & Hospitality platform at Berkadia,” said Wimsatt. “They have a combined 38 years of experience in the lodging industry and have led over $30 billion in lodging investment sale and debt placement transactions. With Jared and Steve closely following the addition of Christian Charre, Paul Weimer, and Natalie Castillo in Miami, Berkadia is building a powerful team of trusted advisors with unmatched industry experience for the benefit of our clients in the hospitality industry.”

Prior to joining Berkadia, Kelso and Michels were at Cushman & Wakefield, where they served as the co-heads of the national hospitality capital markets practice group. At Berkadia, they will help build a nationally coordinated, team-centric approach to the advisory business, across both the investment sales and mortgage banking platforms, including debt placement, note sales, UCC auctions, and equity recapitalizations.

“We couldn’t be more excited to join a growing team of all-stars in the hospitality sector and believe the unique combination to talent, drive, and teamwork will allow us to further deepen our reach and scale to directly benefit our friends, clients, and colleagues in the sector,” said Kelso.

Kelso and Michels both received a Bachelor of Science degree from Cornell University’s School of Hotel Administration and Michels earned his MBA from UCLA Anderson School of Management.

Berkadia Hotels & Hospitality combines best-in-industry innovation, knowledge, and experience with the most comprehensive suite of products and services, backed by relentless customer service and support to empower clients to capitalize on the right opportunities at the greatest value. The group serves clients across the country, offering a full set of advisory, investment sales, underwriting and loan origination services and products including Life Company, Proprietary Bridge Lending and Capital Markets Advisory Services.