Senior Vice President – Hodges Ward Elliott

Carolina Bernal

Carolina Bernal is a Senior Vice President in the Hospitality Investment Advisory practice at Hodges Ward Elliott. She specializes in institutional-grade hotel and resort property transactions throughout North America and Latin America, including investment advisory and equity placements.
Ms. Bernal joined the firm in July 2019. Prior to HWE, she spent over two years at HFF in New York where she was the lead senior analyst on 19 transactions totaling over $1.6 billion and underwrote over $13 billion worth of asset and portfolio transactions for full service, resort and select service hotels. Prior to this, Ms. Bernal worked for three years at Xenia Hotels & Resorts in Orlando as member of the investment and finance teams.
Ms. Bernal has been a member of Young Hospitality Investment Professionals since 2015. She earned a B.S. in Business Administration with a concentration in Finance from University of Central Florida.

Nate Ries is a Senior Vice President in the Hospitality Investment Advisory practice at Hodges Ward Elliott. He specializes in hotel and resort transactions throughout North America, including investment advisory and equity placements. Nate is responsible for all aspects of deal execution, marketing strategy, and financial underwriting.
Since joining the firm in 2012, Nate has been directly involved in the sale or financing of approximately 100 hotels and resorts, totaling $3 billion in transaction value. Prior to HWE, Nate worked as an analyst for Revenue Analytics, a consulting firm specializing in price optimization and revenue management for Fortune 500 companies.
Nate graduated with a BS in Economics from Duke University and received an MBA with a concentration in real estate and finance from Emory University’s Goizueta Business School.

Michael Tormey is a Senior Vice President in the Hospitality Investment Advisory practice at Hodges Ward Elliott. He specializes in institutional-grade full-service and select-service hotel and resort property transactions, and his primary responsibilities include financial analysis and underwriting, transaction management, and the preparation of offering memoranda and pitch materials.
Michael joined the firm in July 2013. Prior to HWE, he served as an acquisitions intern for Dolce Hotels and Resorts, where he was responsible for market research and feasibility analysis.
He earned a Bachelor of Science degree in Hotel Administration, as well as a Minor in Real Estate, from Cornell University. Michael remains closely connected to the school as a co-leader of HWE’s analyst and internship program.

Kyle van Buitenen is a Senior Vice President in Hodges Ward Elliott’s Commercial Real Estate Investment Sales division. Her primarily responsibilities are financial analysis and underwriting, transaction management, the preparation of offering memoranda and pitch materials and facilitating closings.
Ms. van Buitenen joined the firm in 2015, the year Hodges Ward Elliott’s NY office opened. Prior to HWE, Kyle was a Commercial Real Estate Banking Associate at J.P. Morgan.
Kyle received a B.S. in Finance from Lehigh University in 2012.