Seasoned Hospitality and Commercial Real Estate Executive Matt Wexler Joins Excel Group as Principal
ARLINGTON, Va.–(BUSINESS WIRE)–Apr 27, 2023–
Excel Group (“Excel”), a real estate private equity firm focused on acquiring and developing premium-branded limited-service hotels, today announced that Matt Wexler has joined the firm as Principal. Mr. Wexler has over two decades of commercial real estate, development, and hospitality investment experience. Most recently, he founded Cascadilla Partners, a sponsor and consultancy specializing in hotel assets and non-performing/sub-performing loans across the United States.
In conjunction with Mr. Wexler joining Excel, the firm is launching a structured capital strategy, which will build on Excel’s institutional hospitality investment platform. The strategy will provide flexible and tailored capital solutions to partners and borrowers in the form of mezzanine debt and preferred equity for hotel assets.
Shoham Amin, Founder and Principal of Excel, said, “Matt is a highly entrepreneurial and successful real estate investor and developer, and he is the ideal person to grow our new structured capital platform. Over the course of his career, Matt has been involved in transactions valued at more than $1.5 billion and personally responsible for creating significant value for his investors and partners. I look forward to Matt’s many contributions to Excel as we seek to expand the firm.”
Mr. Wexler added, “I am thrilled to join Shoham and the talented team at Excel Group at this exciting point in the firm’s evolution. Excel Group has developed a spectacular reputation as an accomplished investor with a focused and disciplined investment model that is particularly suited for scalability.”
During his career, Mr. Wexler has led the acquisition, renovation and asset management of hotels and loans backed by hotels totaling nearly 3,000 guestrooms. Prior to founding Cascadilla Partners, he served as Managing Partner at Foxhall Partners, a Washington, D.C.-based commercial real estate development and investment firm. Previously, he was a Vice President at CIM Group and a Senior Investment Analyst for the company now known as JBG Smith. Mr. Wexler earned an M.B.A. from the MIT Sloan School of Management and a B.A. from Cornell University.
About Excel Group
Excel Group is a Washington, DC-based real estate private equity firm that owns and develops hotels across the US. Excel Group’s strategy focuses on investments in Hilton, Marriott, and Hyatt limited-service, extended-stay, and select-service hotels. Since 2011 Excel Group has acquired 45 assets, totaling 5,632 rooms.