Launched yesterday, the service is designed to assist investors and owners in the acquisition and disposition of distressed hotels and mortgages collateralized by lodging facilities. C&W is advising investors in sourcing and acquiring underperforming hotel assets and mortgages in single assets, portfolios and hotel companies. The firm is also advising owners of distressed hotel properties in the disposition of individual portfolios of properties and mortgages.

The service is managed through C&W's Structured Finance and Hospitality Industry Groups, part of the Cushman & Wakefield Advisory Group. Hospitality Industry Group senior director Daniel Lesser and Michael Rotchford, senior managing director, Structured Finance Group, are heading the unit.

"This service is providing significant value to our clients in the hospitality industry," says Rotchford. "The unique attributes of hotels as real estate assets require specialized expertise that C&W can deliver to its clients."