BlueTop
BlueTop is a Nashville-based private real estate firm specializing in hospitality property acquisitions, full-cycle development, and asset management across the Southeast US, serving private equity investors, financial institutions, and franchise brand partners.
- Company typePrivate
- Founded2008
- HeadquartersNashville, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What BlueTop does
BlueTop is a privately held hospitality-focused real estate firm headquartered in Nashville, Tennessee with a secondary office in Atlanta, Georgia, operating across the Southeast US. The company delivers an integrated suite of three core services: real estate acquisitions (sourcing hospitality, multifamily, and adaptive reuse assets in strategic markets), full-service real estate development (from site selection and entitlements through design, construction oversight, and brand launch), and asset management (revenue optimization, operational audits, brand performance oversight, and CapEx planning). Its customers span private equity investors seeking hospitality real estate exposure, financial institutions with distressed hospitality loans requiring repositioning or disposition, and franchise and membership brand affiliations seeking development partners.
The firm operates as a principal investor rather than a service intermediary, with revenue derived from asset appreciation, operational value creation, and portfolio performance rather than disclosed service fees. Go-to-market is relationship-driven, sourcing off-market and undervalued opportunities through direct broker, owner, and local stakeholder relationships. With 1-10 employees, leadership rests with three founders — Wayne McAteer (managing partner and co-founder), Shawn McAteer, and Richard Goodrum — whose combined 60+ years of hospitality real estate expertise is the firm's primary operating asset. The active development pipeline includes an upscale dual-brand hotel project in Greenville, South Carolina (approximately 215 rooms), publicly updated on June 12, 2026. No proprietary technology platform, AI capabilities, funding rounds, or app products are disclosed.
BlueTop firmographics
Firmographics- Name
- BlueTop
- Legal name
- BlueTop
- Website
- https://bluetopventures.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- BlueTop is a Nashville-based private real estate firm specializing in hospitality property acquisitions, full-cycle development, and asset management across the Southeast US, serving private equity investors, financial institutions, and franchise brand partners.
- Ownership category
- akta.pro rank
BlueTop industry classification
Industry- Product category
- Hospitality Real Estate Services
- SIC
- Real Estate Agents & Managers (For Others) (6531), General Bldg Contractors - Nonresidential Bldgs (1540)
- akta.pro primary industry
- Owner Services, Reporting & Portfolio Administration (THAMAKAI)
Keywords
Where BlueTop is headquartered
LocationHeadquarters
- HQ city
- Nashville
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
BlueTop business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Others
Revenue model
- Real Estate Acquisition Fees and Portfolio Returns: BlueTop generates returns through strategic acquisition of hospitality and lifestyle real estate assets, including hotels, resorts, and multifamily properties. Revenue is derived from asset appreciation, operational value creation, and portfolio performance rather than recurring service fees.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
BlueTop product offering
Product offeringCore offering
BlueTop is a hospitality-focused real estate firm that acquires, develops, and manages hotels, resorts, mixed-use, and multifamily properties in strategic U.S. Southeast markets. Its three core service lines are RE Acquisitions (sourcing high-potential assets), RE Development (full-cycle ground-up and adaptive reuse construction), and RE Asset Management (revenue optimization, operational audits, brand oversight, and CapEx planning). The firm operates as a principal, owning and managing assets directly while partnering with private equity, financial institutions, and brand partners.
Product overview
BlueTop is a real estate firm offering a unified suite of hospitality-focused real estate services, consisting of three interconnected core offerings: RE Acquisitions (identifying and securing high-potential assets), RE Development (transforming vision into reality through full-service development), and RE Asset Management (optimizing properties for financial and operational performance). The company also maintains an active development pipeline, including the Greenville Dual-Brand Hotel Project. These services work together as an integrated approach—acquiring undervalued assets, developing or repositioning them, and managing them for long-term value.
Differentiator
Problem solved
Functional benefit
Products and services
- RE Acquisitions Sourcing and securing high-potential hospitality and real estate assets in strategic markets using data-driven analysis and industry relationships. Focus areas include hospitality assets (hotels, resorts, mixed-use), multifamily, adaptive reuse and repositioning assets, and undervalued or underperforming real estate. Intended for investors and partners seeking acquisitions that align with BlueTop's portfolio goals.
- RE Development Full-service real estate development from ground-up construction to adaptive reuse, managing every phase from concept and design to construction and launch. Capabilities include site selection and feasibility, entitlements and permitting, design and construction oversight, and brand alignment and launch strategy. Intended for hotel brands, franchise systems, and partners pursuing new hospitality developments.
- RE Asset Management Proactive asset management that optimizes hospitality assets to reach full financial and operational potential. Services include revenue optimization, operational audits and strategy, brand and operator performance oversight, and CapEx planning and execution. Intended for owners and investors of hospitality real estate assets seeking long-term value and brand integrity.
- Greenville Dual-Brand Hotel Project An upscale dual-brand hotel in planning for Greenville, South Carolina, featuring approximately 215 thoughtfully designed rooms. The property blends two hospitality experiences under a unified destination design with modern guestroom environments and amenities for both business and leisure travelers. Intended for business and leisure travelers in the Greenville market.
Companies that use BlueTop
Customer profileSegments3 records
Ideal customer profiles3 records
BlueTop technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
BlueTop partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Brokers, Owners, and Local StakeholderscoreBlueTop works closely with real estate brokers, property owners, and local stakeholders to structure agile and strategic deals. These relationships are integral to deal sourcing and execution across acquisitions and developments.
- Operators and Brand PartnerscoreBlueTop collaborates closely with operators and brand partners to align property performance with strategic goals, ensuring brand integrity and operational excellence across their portfolio of hospitality assets.
Scale indicators1 record
Recent moves5 records
Expansion highlights5 records
BlueTop competitors and assessment
Company assessmentDirect peers
- AWH Partners: AWH Partners is a privately-held hotel investment, development, and management firm focused on acquiring, repositioning, and operating hospitality assets—an almost direct comparable to BlueTop's investment-plus-operations approach.
- Highgate Hotels: Highgate is a hospitality management, investment, and development firm operating upscale and luxury hotels across the US, closely comparable to BlueTop's three-pillar model of acquisition, development, and asset management.
- Sage Hospitality Group: Sage Hospitality operates, develops, and manages hotels and restaurants, often partnering with private equity and institutional owners on adaptive reuse and repositioning projects similar to BlueTop's value-add thesis.
- New Castle Hotels & Resorts: New Castle is a hotel management, acquisition, and development company working with institutional capital to invest in and operate upper-midscale and upscale hotels—comparable in customer type and integrated service offering.
- MCR Hotels: MCR is one of the fastest-growing hotel owner-operators in the US, actively acquiring, renovating, and managing independent and branded hotels—directly comparable in deal sourcing, repositioning, and asset management focus.
- TPG Hotels & Resorts: TPG Hotels & Resorts is a third-party hotel management and asset management firm serving institutional owners, directly comparable to BlueTop's asset management and operator oversight services.
Broad incumbents
- Hersha Hospitality Trust: Hersha is a publicly-traded hotel REIT focused on acquiring, developing, and operating upscale, lifestyle, and branded hotels—comparable in asset class and Southeast exposure, but at significantly larger scale.
- Pebblebrook Hotel Trust: Pebblebrook is a publicly-traded lodging REIT that acquires, develops, and asset-manages urban and resort hotels, sharing BlueTop's focus on lifestyle and independent hotels but operating at substantially greater scale.
- Chatham Lodging Trust: Chatham is a hotel-focused REIT that invests in upscale, extended-stay, and select-service hotels and works with third-party operators—a broader incumbent in the same hospitality real estate category.
- Aimbridge Hospitality: Aimbridge is one of the largest third-party hotel management platforms in North America, providing operating and asset management services across a wide portfolio—broader and more scaled than BlueTop but overlapping in services offered.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
BlueTop social profiles
Digital presenceBlueTop financial estimates
Financial estimateRevenue estimate
Valuation estimate
BlueTop leadership team
Management profileNumber of profiles
Profiles3 records
BlueTop funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BlueTop 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 BlueTop
What does BlueTop do?
BlueTop is a hospitality-focused real estate firm that acquires, develops, and manages hotels, resorts, mixed-use, and multifamily properties in strategic U.S. Southeast markets. Its three core service lines are RE Acquisitions (sourcing high-potential assets), RE Development (full-cycle ground-up and adaptive reuse construction), and RE Asset Management (revenue optimization, operational audits, brand oversight, and CapEx planning). The firm operates as a principal, owning and managing assets directly while partnering with private equity, financial institutions, and brand partners.
Is BlueTop a public or private company?
BlueTop is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was BlueTop founded?
BlueTop was founded in 2008. It employs 1 to 10 people.
Where is BlueTop based?
BlueTop is headquartered in Nashville, United States, in the North America region.
How does BlueTop make money?
One revenue line is on record: real Estate Acquisition Fees and Portfolio Returns.
Who are BlueTop's main competitors?
Direct peers on record are AWH Partners, Highgate Hotels, Sage Hospitality Group, New Castle Hotels & Resorts, MCR Hotels and TPG Hotels & Resorts. Broad incumbents are Hersha Hospitality Trust, Pebblebrook Hotel Trust, Chatham Lodging Trust and Aimbridge Hospitality.
Does BlueTop have an API?
No public API is recorded for BlueTop.
What industry is BlueTop in?
BlueTop's product category is Hospitality Real Estate Services. Its primary akta.pro industry code is THAMAKAI, Owner Services, Reporting & Portfolio Administration. Its SIC code is 6531.