Michael Farbman

Consulting Experience

Michael Farbman, a Project Manager with the HVS Boston office, graduated from The School of Hotel Administration at Cornell University in May 2015. He holds a Bachelor of Science in Hospitality Administration and a minor in Real Estate. Prior to joining HVS in 2019, Michael worked as an Associate for Cushman & Wakefield, evaluating hotels in the New York City area for their Valuation & Advisory group. Before that, he worked as a Hotel Development Analyst for High Hotels Ltd., where he played a role in the acquisition of the Courtyard Ewing/Princeton. Michael also worked as an Acquisitions and Asset Management Analyst at Urban American Management, where he helped the firm and their equity partners analyze and prepare bids for some of the largest and most high-profile NYC multifamily deals of 2016, analyze the eventual acquisition of 515 W 168th Street, and asset manage 386 Manhattan Avenue.

Employment History

February 2019 to present
HVS CONSULTING AND VALUATION SERVICES
Boston, Massachusetts
 
2017 – 2018
CUSHMAN & WAKEFIELD VALUATION & ADVISORY
New York, New York
 
2017
HIGH HOTELS LTD
Lancaster, Pennsylvania
 
2015 – 2016
URBAN AMERICAN MANAGEMENT
West New York, New Jersey

Education

BS – School of Hotel Administration, Cornell University
 
Other Specialized Training Classes Completed:
Uniform Standards of Professional Appraisal Practice – 15 hours
Basic Appraisal Principles – 30 hours
Basic Appraisal Procedures – 30 hours
 

Affiliations

Appraisal Institute – Associate Member

Cornell Hotel Society - CHS

Hotels Evaluated

Sample List for Illustrative Purposes

ALABAMA 
Hilton Garden Inn Montgomery East, Montgomery
 
ARIZONA 
Hampton Inn Phoenix Chandler, Chandler
Motel 6 Mesa North, Mesa
 
CONNECTICUT 
Americas Best Value Inn New London Mystic, New London
Red Roof Inn New London, New London
Niantic Motel, Niantic
EVEN Hotel Norwalk, Norwalk
 
MAINE 
Fireside Inn & Suites, Auburn
Homewood Suites by Hilton Augusta, Augusta
Ranger Inn of Bangor, Bangor
Bucksport Motor Inn, Bucksport
Russell's Motel, Caribou
Smugglers Cove Inn, East Boothbay
Lodge at Moosehead Lake, Greenville
Inn at Park Spring, Portland
Proposed Longfellow Hotel, Portland
Presque Isle Inn & Convention Center, Presque Isle
Seawall Motel, Southwest Harbor
Acadia Sunrise Motel, Trenton
Island View Hotel Bar Harbor, Trenton
Aroostook Hospitality Inn Van Buren, Van Buren
Seacoast Motel, Wells
Cobbossee Motel, Winthrop
 
MASSACHUSETTS 
SpringHill Suites by Marriott Boston Andover, Andover
Club Quarters, Boston
Proposed Hotel Boston Copley Place, Boston
TownePlace Suites by Marriott Boston
 North Shore Danvers, Danvers
Hampton by Hilton Berkshires Lenox, Lenox
Hyatt Place Boston Medford, Medford
Fairfield by Marriott Boston Walpole, Walpole
Clarion Hotel West Springfield, West Springfield
Residence Inn by Marriott West Springfield, West Springfield
 
NEW HAMPSHIRE 
Garrison Hotel, an Ascend Hotel Collection Member, Dover
Proposed Hotel, Milan
Ascend Hotel Collection The Port Inn, Portsmouth
Hampshire Inn & Conference Center Seabrook, Seabrook
 
NEW YORK
Hilton Garden Inn Albany SUNY Area, Albany
Motel 6 Albany, Albany
Proposed Adirondack Hotel, Blue Mountain Lake
Holiday Inn LaGuardia Airport, Corona
Quality Inn & Suites Kingston, Kingston
Proposed Boutique Hotel - Chautauqua Lake, Mayville
Holiday Inn Express Oneonta, Oneonta
Holiday Inn Express Irondequoit, Rochester
Homewood Suites by Hilton Rochester Henrietta, Rochester
Proposed Country Inn & Suites Far Rockaway, Far Rockaway
Days Inn Long Island City, Long Island City
Comfort Suites, Rochester
 
NORTH CAROLINA 
Courtyard by Marriott Raleigh North Triangle Town Center, Raleigh
 
PENNSYLVANIA 
Proposed TownePlace Suites Allentown, Allentown
 
RHODE ISLAND 
Homewood Suites by Hilton Providence Warwick, Warwick
 
VERMONT 
Killington Mountain Lodge, Killington
Proposed Hampton Inn, Randolph
Proposed Tru by Hilton, Winooski
 
VIRGINIA 
Comfort Inn, Hillsville
Homewood Suites by Hilton, Springfield

My Articles

The Investment Life Cycle of a Hotel

In light of the coronavirus (COVID-19) pandemic and the effect it has had on lending and new development in the hospitality industry, it may be beneficial to review the basics and walk through the investment life cycle of a hospitality asset. This guide is intended to be a helpful reference for a seasoned hospitality professional, a student looking to break into the industry, and anyone in between.

• October 26, 2021 By Michael Farbman

• Hotel Investments & Ownership , Hotel Operations , Asset Management , Development & Construction , Hotel Management , United States , North America