NEW YORK CITY-LW Hospitality Advisors has launched a new division, LWHA Asset and Property Management Services. The new division will be aimed at providing hands-on management of assets for hotel owners and investors.

The new division will be headed by Gary Isenberg, who tells GlobeSt.com that he believes the division will be able to capture business from hotel CMBS loans coming due in the near future.

Once connected with a investor-client, Isenberg will maximize the returns on the assets that client holds. “I’ll be heading up asset management as well as property management of hotels, as well as an array of consultant type services,” Isengerg says. “We’ll be providing third party asset management to hotel owners and investors--basically bridging the gap between the real estate investors and hotel operations.”