New York-based AWH Partners, which has a bent for the hospitality sector, is seeking value-added deals nationally where it can take financially or operationally troubled properties and bring them up to snuff again. The company likes transactions of about $50 million and also is looking for its first deals in the office, multifamily and retail sectors, said Chad Cooley, managing partner.

The company is working on a big hotel transaction in Atlanta’s Midtown market, acquiring a 500-room Melia hotel that has....

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