Andrew Swerdloff has over 13 years of private equity and hospitality and multifamily real estate finance, development, and construction experience. Andrew has financed and developed over $650 million of hotels (930 keys), including the Waldorf Astoria Beverly Hills and the dual-branded LAX Hyatt House/Place Hotel. He is Chief Operating Officer and Co-Founder of Stay Open, a hospitality and co-living brand providing technology enabled Sleep as a Service.
Prior to joining CaRE and founding Stay Open, Andrew worked for a Los Angeles-based family office heavily involved in commercial and residential real estate, restaurants, and outdoor media and successfully raised EB-5 financing to expand the family office’s extensive restaurant platform. He also acquires value-add multifamily properties on behalf of his family focusing on capital preservation but also achieving attractive cash on cash returns to deliver consistent monthly cashflow.
Andrew spent 6 years with KAILAI Investments in Beijing, a US$350 million private equity firm. Andrew was responsible for origination, analysis, structuring, and due diligence on hundreds of prospective Asian companies as well as fundraising and investor relations. He sourced, invested, and managed 5 portfolio companies (total investment over US$80 million), including Ming Yang Wind (NYSE:MY), and concentrated on real estate, natural resources, and renewable energy.
Andrew holds a B.A. degree from Emory University with a double major in Chinese Studies and International Affairs with a focus on China. He speaks fluent Chinese (Mandarin). He was born and raised in Los Angeles, CA, where he attended John Thomas Dye School and Harvard-Westlake School.