David Butchello

David Butchello

Vice President, Hospitality, Cushman & Wakefield | Thalhimer

Newport News, VA 23606

Phone (757) 873-4746

Specializing in the sale of hospitality properties
Specialties
Investment Sales Broker, Tenant Rep
Property Types
Hospitality, Land, Office, Retail, Multi-Family, Health Care
Markets
Washington, DC, Richmond VA, Hampton Roads
Bio
David Butchello is Vice President of Hospitality with Cushman Wakefield | Thalhimer and leads the Hotel brokerage practices for the company in the mid-Atlantic and Southeast region. David has over 20 years experience as an owner operator of hotels and restaurants as well as development experience with retail and warehouse space. Throughout his career David has experienced both the success and joys of owning a business as well as the challenges of running a business through funding challenges, forbearance, and workout. David has experiences of both buying and selling his own businesses which have provided him the ability to help his clients with advisory services for owners, lenders, developers, and management organizations. David has also been hired to provide economic profiles for hotels by lenders and investors. David has been in brokerage for 17 years with a focus on Hospitality properties over the past 15 years. David has worked with Blackstone as seller’s representative for the Wyndham at the Richmond airport along with working with Choice, Wyndham, Hilton, Vantage, Marriott and IHG buyers, sellers, and developers. Non-hospitality transactions include NNN sales (Eckerd Drug stores), land transactions, retail and office sales and leasing. David successfully closed several million in gross sales transactions including the Wyndham at the Richmond airport representing Blackstone as the Seller. Other transactions include working with Choice Hotels, Wyndham Brand Hotels, Hilton Hotels & Holiday Inn Hotels. Non-hospitality transactions include Eckerd Drug stores and independent property owners.
Education
Alfred University, bachelor’s degree in business administration Alfred State College, associate degree in marketing
Affiliations
  • CCIM - Certified Commercial Investment Member