BOSTON–CHMWarnick, the preeminent asset manager and business advisor to the hotel investment community, announced today it has expanded its accounting services available to asset management clients. While the company previously offered accounting services on a request-only basis, this marks CHMWarnick’s formal entry into the space, making it the only third-party hotel asset management company providing full owner-entity accounting capabilities.
CHMWarnick’s accounting professionals specialize in hospitality real estate and can provide services in five different languages. The team provides ownership accounting services for a wide range of clients with hotels comprising over 10,000 guestrooms. These include simple to highly complex entity structures, such as REITs, public bond financed hotels and foreign investment entities.
Ledoux brings a CPA designation and 25 years’ experience to her role as chief financial officer for CHMWarnick. She has experience with a multitude of ownership structures, including pension funds, REITs, joint ventures, LLCs, partnerships and corporations, and is familiar with the accounting systems and reports generated by all major brands. Ledoux’s expertise includes balance sheet review, audit oversight, contract and loan compliance, working capital and creative cost savings/risk mitigation strategies. She has actively participated in hotel refinancing efforts for multiple portfolios and is experienced in hotel transactions, including document review, proration calculation and promote planning. She is a member of the AICPA, a regular speaker at industry conferences and a contributing author on hospitality industry finance and accounting issues.