As SVP and VP of Hunter respectively, Burnette and McDavid will specialize in institutional investment and private client sales in Texas. Both join the company from Paramount Lodging Advisors.
“We are excited to welcome Kami and Mason to our exceptional team of brokers nationwide,” said Teague Hunter, CEO, Hunter. “Kami and Mason have successfully catered to Texas-based investors while maintaining reputations defined by trust and collaboration, making them a perfect addition to the Hunter family. With our Austin office, Hunter reaffirms its commitment to our well-established clientele of institutional and private investors and looks forward to forging new relationships in this pivotal region for hotel investment.”
Since 2017, Burnette and McDavid have executed more than $500 million in hotel transactions across the U.S., primarily focusing on Texas and neighboring states, including the recent successful transaction of the 153-room Courtyard Dallas Fort-Worth North.
“Mason and I are thrilled to join the esteemed Hunter family and its tradition of excellence and honesty within the hospitality industry,” said Burnette. “We were attracted to Hunter’s pristine reputation and well-established institutional relationships. As team members, we look forward to assisting in the nationwide expansion of the Hunter brand as we serve our existing and future clientele in the Lone Star State.”
Burnette brings 14 years of experience selling, underwriting and advising hospitality investments. He alone has executed more than half a billion dollars in hotel transactions. Before his career in hospitality investment sales, Burnette was senior director of Auction.com/Ten-X and he was intimately involved in growing the private client group to more than $1 billion in commercial real estate transactions. He also worked for the CMBS special servicer LNR Partners, working out numerous non-performing hotel loans and underwriting more than $700 million of hotel assumptions.
As a senior associate with Paramount Lodging Advisors, McDavid sold 60 hotels, worth more than $300 million. He executed transactions for institutional, private investment and special servicer clients, primarily focusing on Texas, Oklahoma and Louisiana.