DALLAS, Jan. 14, 2015 /PRNewswire/ -- Behringer Harvard Holdings, LLC (Behringer) announced today the launch of Behringer Lodging Group, LLC (BLG), a hospitality-focused joint venture led by Managing Directors Matt Comfort and Jeff Burns that will focus on acquiring and repositioning hotels across the country. Comfort and Burns entered the venture through Bullwhip Capital Partners, LLC.
Combined, Burns and Comfort have more than 30 years and $15 billion of hospitality and real estate asset management experience. Burns has been with Behringer for seven years overseeing its hospitality acquisition, disposition and asset management efforts. Comfort was previously head of the hotel investment banking group at New York-based Jones Lang LaSalle before leaving to form Bullwhip. BLG's technical expertise, operating knowledge and institutional resources will position it to strategically identify and address growth opportunities within the hospitality sector.
"Behringer Lodging Group represents a formal and dedicated commitment to an important part of our strategic heritage," said Robert Aisner, President and CEO of Behringer. "We're pleased that this new venture brings together key industry talent with significant experience and our long track record in the hospitality space."
"BLG will combine a flexible, entrepreneurial spirit with an established, institutional style," notes Burns. "This approach will allow us to make opportunistic investments in the hospitality space and position our assets to achieve their full potential."
About Behringer Harvard Holdings, LLC
Behringer creates, manages and distributes specialized investments through a multi-manager approach that presents unique options for allocating capital, managing risk and diversifying assets. Investments sponsored and managed by the Behringer group of companies have invested into more than $11 billion in assets. For more information, call toll-free 866.655.3600 or visit behringerinvestments.com.