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Franklin Street Acquires Hodges Ward Elliott, Retaining Brand and Folding Team Into Its Offices

The move brings HWE’s hospitality expertise onto a broader full-service platform.

Overview

  • Franklin Street purchased Atlanta-based HWE and will add about 20 brokers to its roughly 400-person firm, with terms undisclosed.
  • HWE will keep its name and close its standalone office, with staff moving into Franklin Street locations in Atlanta, Dallas, Nashville, Orlando and Tampa.
  • Clients of HWE gain access to Franklin Street services that include insurance, project management, capital advisory, leasing and property management.
  • HWE reports $17 billion in hotel transactions over the past five years and $1.5 billion in 2025, including sales in Atlanta, Nashville, Indianapolis and South Beach.
  • The deal advances Franklin Street’s 2025 expansion strategy following new offices in Nashville and Dallas and a Miami leadership hire, as hotel deal activity improved late last year.