Larry Wolfe is a vice chairman and co-head of the Lodging Capital Markets group at Newmark. Prior to joining Newmark in 2018, Mr. Wolfe was the founder and co-head of Eastdil Secured’s lodging investment banking and brokerage group. During his 30 years at Eastdil Secured, Mr. Wolfe became one of the industry’s most prolific advisors, completing over $200 billion of property sales, debt placements and M&A advisory on behalf of REITs, C-Corps, private equity firms, high-net-worth investors and sovereign wealth funds. Under his leadership, Eastdil Secured was consistently ranked as the nation’s most active hotel broker. Mr. Wolfe was also a partner in Eastdil Realty, the predecessor of Eastdil Secured, and served on both firms’ management committees.
Mr. Wolfe’s notable recent transactions include the sale of the Waldorf Astoria New York on behalf of Hilton Hotels, The W New York on behalf of Host Hotels and the Ritz Carlton and JW Marriot Grande Lakes Resort in Orlando.
In 2007, Mr. Wolfe was honored as the recipient of the Jack A. Shaffer Financial Advisor of the Year award at the American Lodging Investment Summit (ALIS) in Los Angeles.
Mr. Wolfe is an active member of the Urban Land Institute’s Hotel Development Council as well as various advisory boards at Johns Hopkins and the University of Chicago. He is also a frequent speaker and author on hotel capital markets activity.
Mr. Wolfe earned a Master of Business Administration degree from the University of Chicago’s Booth School of Business and bachelor’s degrees in economics and a master’s degree in engineering from the Johns Hopkins University.
A native of Boston, Mr. Wolfe currently resides in New York’s Westchester County with his wife Carol and three children.