Michael Armstrong



Job Functions: Capital Markets, Debt & Structured Finance, Debt Advisory, Equity Placement, Investment Sales & Acquisitions, Loan Sales


Mike Armstrong is a Principal and co-head of HREC's® capital markets practice. A 30-year hotel industry veteran, Mike brings extensive experience in debt & equity financing, hotel real estate sales, development, acquisitions and hotel management to his leadership role with the company.


Prior to HREC®, Mike was the founder and president of Neptune Hospitality Advisors where he directed the company's advisory activities, including hospitality transactional services, debt & equity raising services, and asset management services. Over his career, Mike completed over $2.5 billion in real estate sales and financing. Notable transactions for Mike have included a $100 million refinance of a 11-hotel portfolio in California, the $40 million refinance of the Sheraton Gunter Hotel in San Antonio, Texas, and acquisition financing of $60 million on the Le Meridian Hotel in Cancun, Mexico.


A graduate of the University of North Texas, Armstrong holds a Bachelor of Business Administration degree with an emphasis in Real Estate and Finance.

Areas of Interest

Risk Profile
Deal Type
Acquisition, Development, Recapitalization, Refinance, Rehabilitation, Opportunity Zone
Property Type