RICK RUSH JOINS HWE, ESTABLISHING THE FIRM’S LOS ANGELES OFFICE

Atlanta – September 8, 2014 - Hodges Ward Elliott, Inc. (“HWE”) is pleased to announce hospitality-veteran Rick Rush has joined the firm as Senior Vice President. He will be working alongside Senior Vice President Michael DiPrima in leading HWE’s West Coast operations as they open the company’s Los Angeles office.

Since 2004, Rick has lead, directed and been affiliated with over $1 billion in US hotel real estate transactions and numerous management acquisitions working on the principal side of the business. He is experienced in acquiring both branded and independent hotels and resorts ranging from the select-service to the luxury market space. Prior to joining Hodges Ward Elliott, Rick was Vice President of Hospitality Assets with Destination Hotels & Resorts and Lowe Enterprises and Senior Vice President of Acquisitions with Sage Hospitality Resources. Rick is a graduate of the University of South Carolina.  

HWE is the leading hotel brokerage and investment-banking firm in the country providing total capital solutions, including hotel sales, recapitalizations and debt placement for our clients.  Year-to-date, HWE has sold or financed over $2.1 billion worth of hotels and resorts with an additional $750 million currently under contract.