Widewaters Hotels
Widewaters Hotels is a privately held, vertically integrated real estate developer and owner-operator founded in 1971, managing $2.5B+ in assets across 14.9 million square feet of hospitality, retail, multifamily, and office/industrial properties in the U.S. and Canada, serving national retailers, hospitality brands, and third-party property owners.
- Company typePrivate
- Founded1971
- HeadquartersEast Syracuse, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Widewaters Hotels does
Widewaters Hotels (legal entity: The Widewaters Group, Inc.) is a privately held, vertically integrated real estate organization founded in 1971 in East Syracuse, NY, that develops, acquires, and manages commercial real estate across hospitality, retail, multifamily, office/industrial, and vacant land asset classes. The company operates through four core service lines — construction management (via its wholly-owned subsidiary Widewaters Construction, Inc., formed 1991), property management (5M+ sq ft under management), landlord representation, and tenant representation — and has built or acquired 14.9 million square feet of institutional-quality real estate valued in excess of $2.5 billion across 179 projects in 21 U.S. states and 3 Canadian provinces. Its portfolio includes 5,374 hotel rooms across branded and independent properties (Hilton, Hyatt, Marriott, Best Western), 6.4 million square feet of retail property, multifamily developments concentrated in the Carolinas/Georgia/Florida/Utah/Arizona, and a vacant land bank held for future development.
The company serves enterprise retail tenants (Walmart, Target, Home Depot, Lowe's, Wegmans, Food Lion, Kohl's, Marshalls, TJX, Five Below, Dollar Tree, Dick's Sporting Goods, Michael's), hospitality operators under multiple brand families, third-party property owners, and developers. Revenue is generated through a mix of one-time real estate development and sale gains, recurring managed-services fees for property management, professional-services fees for construction management, and transaction-based commissions on tenant and landlord representation mandates. Technology investments center on Building Information Modeling (BIM) and integrated construction-management software used to standardize project delivery across WCI's 19-state, 4-province licensure footprint. The company is privately held by founding principals — President Joseph R. Scuderi (since 1982) and Senior VP William S. Holstein (since 1985) — with no disclosed institutional ownership.
Widewaters Hotels firmographics
Firmographics- Name
- Widewaters Hotels
- Legal name
- The Widewaters Group, Inc.
- Website
- https://widewaters.com
- Company type
- Private
- Founded year
- 1971
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Widewaters Hotels is a privately held, vertically integrated real estate developer and owner-operator founded in 1971, managing $2.5B+ in assets across 14.9 million square feet of hospitality, retail, multifamily, and office/industrial properties in the U.S. and Canada, serving national retailers, hospitality brands, and third-party property owners.
- Ownership category
- akta.pro rank
Where Widewaters Hotels is headquartered
LocationHeadquarters
- HQ city
- East Syracuse
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Widewaters Hotels business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D, Supply Chain
Revenue model
- Real Estate Development and Sales: Widewaters develops retail, hospitality, multifamily, and office/industrial properties for sale or held for investment. Revenue is generated through property sales, development fees, and appreciation in asset value.
- Property Management Services: Widewaters Property Management manages over 5 million square feet of retail, office, and industrial space. Services include design and construction management, mechanical engineering, energy management, full accounting services, service contracts evaluation and negotiation, and leasing representation.
- Construction Management Services: Widewaters Construction, Inc. (WCI) provides design/build services, general contracting, construction management, green building, and procurement. Customers engage at various stages - from complete project management to managing only the physical construction process.
- Tenant Representation: Widewaters provides exclusive tenant representation services, helping businesses locate real estate with the most potential, utilizing market review capabilities and lease negotiation skills to grow business throughout their served markets.
- Landlord Representation: Widewaters represents landlords in maximizing their properties' potential through in-depth market knowledge, research capabilities, and superior site selection to maintain long-standing relationships with major retailers and landowners.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Widewaters Hotels product offering
Product offeringCore offering
Widewaters is a vertically integrated real estate organization that develops, acquires, owns, and manages hospitality, retail, multifamily, and office/industrial properties across North America. The company operates four core service lines — Construction Management, Property Management, Landlord Representation, and Tenant Representation — delivered alongside direct development and ownership of hotel, retail, multifamily, office/industrial, and vacant land assets across 21 U.S. states and 3 Canadian provinces.
Product overview
Widewaters is a vertically integrated real estate organization offering development, acquisition, and management services across multiple property sectors. The company operates through four core service lines: Construction Management (Widewaters Construction, Inc.), Property Management, Landlord Representation, and Tenant Representation. The portfolio spans five distinct segments including Hospitality (5,374 hotel rooms), Retail (6.4 million square feet), Multifamily, Office & Industrial, and Vacant Land. These segments work together as the company develops, acquires, manages, constructs, and brokers properties across North America.
Differentiator
Problem solved
Functional benefit
Brands
- Widewaters Construction, Inc. (WCI): Construction management subsidiary offering design/build services, general contracting, construction management, green building, building information modeling, and procurement.
Products and services
- Construction Management Widewaters Construction, Inc. (WCI) offers design/build services, general contracting, construction management, green building, Building Information Modeling (BIM), and procurement for office, medical, hospitality, warehouse, distribution, and retail projects. Customers engage at various stages — from complete project management to managing only the physical construction process.
- Property Management Widewaters Property Management manages over five million square feet of retail, office, and industrial space spanning from Bangor, ME to Jacksonville, FL to Pittsburgh, PA. Services include design/construction management, mechanical engineering, energy management, full accounting services, service contract evaluation and negotiation, and leasing representation.
- Tenant Representation Proactive tenant representation helping businesses locate real estate with market review capabilities and lease negotiation skills, serving national and regional retailers including TJX Companies, Five Below, Dollar Tree, Dick's Sporting Goods, Michael's, Sally's Beauty, Dickey's Barbecue Pit, Blaze Pizza, Culver's, and K9 Resorts.
- Landlord Representation Provides property owners with market knowledge, research capabilities, and site selection to maximize property potential, leveraging relationships with major retailers, landowners, and government officials at state and local levels.
- Hospitality Development and Ownership Widewaters develops, acquires, and owns branded and independent hotels across full service, select service, and extended stay segments, including Hilton, Hyatt, Marriott, and Best Western flags. The hospitality portfolio encompasses 5,374 hotel rooms, 35 food and beverage outlets, and over 170,000 square feet of function space across 17 U.S. states and 3 Canadian provinces.
- Retail Development and Ownership Widewaters develops and operates over 6.4 million square feet of retail property across 12 states, with major tenants including Walmart, Target, Home Depot, Lowe's, Wegmans, Food Lion, Kohl's, and Marshalls. The retail portfolio anchors the company's long-standing relationships with major national retailers.
- Multifamily Development Widewaters is currently pursuing multifamily opportunities in the Carolinas, Georgia, Florida, Utah, and Arizona, with a focus on delivering best-in-class excellence in real estate investments.
- Office & Industrial Development Widewaters has extensive experience developing and managing office and industrial facilities from Class-A multi-tenant buildings to build-to-suit facilities for Fortune 500 companies and complex medical uses.
- Vacant Land Holdings Widewaters holds an inventory of vacant land for future development of retail, hotel, multifamily, and office/industrial properties in areas where the company has established development experience and deep market knowledge.
Quantifiable outcome
- 14.9 million square feet of institutional quality real estate assets developed or acquired with value exceeding $2.5 billion
- +4 more outcomes
Companies that use Widewaters Hotels
Customer profileNamed customers21 records
Segments7 records
Ideal customer profiles6 records
Widewaters Hotels technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Widewaters Hotels partnerships and signals
Strategic signalScale indicators10 records
Recent moves12 records
Expansion highlights6 records
Widewaters Hotels competitors and assessment
Company assessmentDirect peers
- New England Development: Private, family-controlled regional real estate developer with a comparable diversified mix of retail, hospitality, and mixed-use assets in the Northeast — closely comparable in private, multi-sector business model.
- Phillips Edison & Company: Public REIT specializing in grocery-anchored neighborhood shopping centers — directly comparable to Widewaters' retail segment in asset type, tenant profile, and Sun Belt footprint.
- Federal Realty Investment Trust: REIT focused on retail-anchored mixed-use properties leased to national tenants including grocery, home improvement, and off-price retailers — closely comparable to Widewaters' 6.4M sq ft retail portfolio and tenant base.
- AvalonBay Communities: Multifamily REIT with development pipeline in high-growth Sun Belt and Mid-Atlantic markets (Carolinas, Florida, Virginia) — directly comparable to Widewaters' multifamily growth strategy in those same geographies.
- Pyramid Management Group: Upstate New York-based private developer of retail, hospitality, and entertainment properties — direct historical and geographic comparable, sharing Upstate NY roots and mixed retail/entertainment focus with Widewaters' predecessor company.
- The Related Companies: Large, privately held, vertically integrated real estate developer with a comparable diversified mix of affordable housing, mixed-use, hospitality, and office/retail developments. Closest analog in business model and product breadth among private developers.
- Tanger Inc. Retail REIT focused on outlet and value-oriented shopping centers; comparable to Widewaters' retail leasing tenant mix (TJX, Marshalls, off-price retailers).
Regional players
- Highwoods Properties: Office-focused REIT with a strong presence in the Southeast (Atlanta, Charlotte, Raleigh) — directly comparable to Widewaters' Carolinas/Southeast office and industrial operations.
Broad incumbents
- RXR Realty: Private diversified real estate operator with a vertical mix of office, multifamily, retail, and hospitality — directly comparable to Widewaters' multi-sector platform and similar scale.
- Forest City Realty Trust: Mixed-use real estate developer (acquired by Brookfield) with a comparable mix of retail, multifamily, and office assets, including master-planned developments — directly comparable in product mix to Widewaters' diversified portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Widewaters Hotels social profiles
Digital presenceWidewaters Hotels financial estimates
Financial estimateRevenue estimate
Valuation estimate
Widewaters Hotels leadership team
Management profileNumber of profiles
Profiles14 records
Widewaters Hotels subsidiaries and ownership
Company hierarchySubsidiaries1 record
Widewaters Hotels funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Widewaters Hotels M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Widewaters Hotels
What does Widewaters Hotels do?
Widewaters is a vertically integrated real estate organization that develops, acquires, owns, and manages hospitality, retail, multifamily, and office/industrial properties across North America. The company operates four core service lines — Construction Management, Property Management, Landlord Representation, and Tenant Representation — delivered alongside direct development and ownership of hotel, retail, multifamily, office/industrial, and vacant land assets across 21 U.S. states and 3 Canadian provinces.
Is Widewaters Hotels a public or private company?
Widewaters Hotels is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Widewaters Hotels founded?
Widewaters Hotels was founded in 1971. It employs 1,001 to 5,000 people.
Where is Widewaters Hotels based?
Widewaters Hotels is headquartered in East Syracuse, United States, in the North America region.
How does Widewaters Hotels make money?
Five revenue lines are on record. Real Estate Development and Sales are the primary driver. The others are property Management Services, construction Management Services, tenant Representation and landlord Representation.
Who are Widewaters Hotels's main competitors?
Direct peers on record are New England Development, Phillips Edison & Company, Federal Realty Investment Trust, AvalonBay Communities, Pyramid Management Group, The Related Companies and Tanger Inc.. Highwoods Properties is listed as a regional player. Broad incumbents are RXR Realty and Forest City Realty Trust.
Does Widewaters Hotels have an API?
No public API is recorded for Widewaters Hotels.