Draft:Len Wormser

Submission declined on 28 October 2025 by SamHolt6 (talk).

This submission appears to read more like an advertisement than an entry in an encyclopedia. Encyclopedia articles need to be written from a neutral point of view, and should refer to a range of independent, reliable, published sources, not just to materials produced by the creator of the subject being discussed. This is important so that the article can meet Wikipedia's verifiability policy and the notability of the subject can be established. If you still feel that this subject is worthy of inclusion in Wikipedia, please rewrite your submission to comply with these policies.

If you would like to continue working on the submission, click on the "Edit" tab at the top of the window.
If you have not resolved the issues listed above, your draft will be declined again and potentially deleted.
If you need extra help, please ask us a question at the AfC Help Desk or get live help from experienced editors.
Please do not remove reviewer comments or this notice until the submission is accepted.

Where to get help

If you need help editing or submitting your draft, please ask us a question at the AfC Help Desk or get live help from experienced editors. These venues are only for help with editing and the submission process, not to get reviews.
If you need feedback on your draft, or if the review is taking a lot of time, you can try asking for help on the talk page of a relevant WikiProject. Some WikiProjects are more active than others so a speedy reply is not guaranteed.

How to improve a draft

Wikipedia:Contributing to Wikipedia – a basic overview on how to edit Wikipedia.
Help:Wikitext – how to use the markup
Help:Referencing for beginners – how to include references
Wikipedia:Article development – how to develop your article
Wikipedia:Writing better articles – how to improve your article
Wikipedia:Verifiability – make sure your article includes reliable third-party sources

You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article.

Improving your odds of a speedy review

To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags.

Add tags to your draft

Editor resources

Easy tools: Citation bot (help) | Advanced: Fix bare URLs

Declined by SamHolt6 10 days ago. Last edited by SamHolt6 10 days ago. Reviewer: Inform author.

Resubmit

Please note that if the issues are not fixed, the draft will be declined again.

Comment: Declining as overly-promotional towards the subject. Also noting a copy of this draft has been declined for the same reason at Draft:Len-Wormser. SamHolt6 (talk) 00:05, 28 October 2025 (UTC)

Len Wormser

Leonard "Len" Vance Wormser is an American hotel real estate investor, developer, and senior investment advisor based in New Orleans, Louisiana. He serves as a Senior Vice President with HREC Investment Advisors, where he specializes in hotel transactions, development, and institutional investment across the Gulf South region.^[1]^[2]

Early Life and Eucation

Wormser earned his undergraduate degree from the University of Texas at Austin — McCombs School of Business.^[3]

Career

Wormser has worked in the hospitality real estate industry for more than two decades, with a focus on hotel development, acquisitions, dispositions, and investment advisory throughout the New Orleans market and the Gulf Coast region, including Louisiana, Mississippi, Alabama, Texas, and Florida. He has sold, developed, or financed approximately 5,600 hotel rooms in the region, with a combined transaction value estimated at around US $1 billion.^[4]

Senior Managing Director NAI/Latter& Blum Hospitality Division – New Orleans, LA. 2010-2017. Started Hospitality Division in 2010 and sold over 3,000 rooms in 6.5 years – Served as Investment Advisor in approx. 70% of all substantive hospitality transactions in New Orleans since 2010/11.^[5]^[6]

The Development Group (FW Development LLC, DEVGROUP Inc., and I-10 Development LLC) Founder/Principal/President – 1997-2010- a collection of single purpose entities that focused on Lodging development in New Orleans, La. Select transactions include the 331 room Marriott Convention Center, 182 Room Staybridge Suites, 141 room Marriot Courtyard, 92 room Whitney Hotel, 184 room Sheraton Galleria, and the 219 room Bourbon Orleans.^[7]

Sizeler Properties (NASDQ) – President, Taxable REIT Subsidiary- 2008-2010- developed $100 million in off balance sheet Shopping Centers, Apartments, and “for sale” residential in the Miami / Orlando metropolitan areas and Louisiana.^[8]

Stewart Capital/Enterprises (NASDQ) – Vice President of Acquisitions – 1988-1998- One of the largest merchant banking companies in the Gulf South Region with assets in excess of $500 million. Directed the company’s real estate efforts. Notable Lodging transactions include the 284 room Hampton Inn and Suites Convention Center New Orleans, 100 room Hampton Inn Garden District, and 120 room Marriott Courtyard Covington, La.^[9]^[10]

Development and Early Career

He was founder/principal of a group of single‐purpose entities (including entities identified as FW Development LLC, DEVGROUP Inc., I-10 Development LLC) focused on lodging development in New Orleans from ~1997 to 2010. Transactions under his development involvement included a 331-room Marriott Convention Center hotel, a 182-room Staybridge Suites, a 141-room Marriott Courtyard, a 92-room Whitney Hotel, a 184-room Sheraton Galleria, and the 219-room Bourbon Orleans.^[11]

He served as Vice President of Acquisitions for Stewart Capital/Enterprises (a merchant banking real-estate firm) from 1988-1998.^[12]

He also served as President of the taxable REIT-subsidiary of Sizeler Properties (NASDAQ: SIZ) during 2008-2010, developing off-balance-sheet shopping centers, apartments and residential in Miami/Orlando and Louisiana.^[13]

Advisory and Brokerage

In 2017, HREC announced the opening of a New Orleans office and the hiring of Wormser as Senior Vice President, highlighting his ~20 years of regional hospitality investment advisory experience, and noting that he had been involved in approximately 5,600 hotel rooms (≈ US$1 billion) at that time.^[14]

Notable Transactions and Developments

Bourbon Orleans Hotel – $81 Million Sale (2021) The Forbes article “Trophy Asset Purchased in the Big Easy” profiled the $81 million sale of the historic Bourbon Orleans Hotel in the French Quarter, reporting Wormser’s involvement amid a surge of institutional investor interest in New Orleans hotels.^[15]^[16]

Clarion Hotel Acquisition (2022), Wormser’s team arranged the acquisition of the Clarion Hotel in New Orleans, representing Garnet Hotels in a mid-scale hotel acquisition.^[17]^[18]

Dual-Branded Marriott Courtyard & SpringHill Suites Sale – $73 Million (2024) In 2024, Wormser served as the Louisiana broker of record for the $73 million sale of two dual-branded Marriott hotels—Courtyard New Orleans Warehouse Arts District and SpringHill Suites Downtown—sold to a group led by businessman Robert J. Guidry. The transaction was one of the largest hotel sales in Louisiana that year.^[19]^[20]^[21]^[22]^[23]^[24]^[25]

Hilton New Orleans Airport Sale (2023) HREC, with Wormser as lead broker, arranged the sale of the 317-room Hilton New Orleans Airport, continuing a series of hotel transactions in the metro area.^[26]

Sheraton Galleria Metairie / Holiday Inn Express Lafayette Portfolio (2023) HREC under Wormser’s direction handled the sale of the Sheraton Galleria Metairie and a dual-hotel Lafayette portfolio, handling sales in secondary markets in Louisiana’s secondary markets.^[27]

Maritime Building Redevelopment (2019) Earlier in his career, Wormser was associated with the redevelopment of the Maritime Building in downtown New Orleans, converted into a timeshare and mixed-use project in 2019.^[28]^[29]

Significance and Market Role

Wormser has been described as active in the hospitality investment and development sector of New Orleans and the broader Gulf-Coast region. Through his work with HREC and in earlier development roles, he has played a part in shaping deal flow, asset repositioning and institutional investment into the New Orleans lodging market. This presence positions him as an advisor for hotel owners, developers and institutional investors in the region.^[30]^[31]

Affiliations

Wormser has been active in civic, educational, and cultural organizations in New Orleans. He has served on the boards of the Louisiana State Museum Foundation, the Contemporary Arts Center, and the Bureau of Governmental Research, and has held leadership roles as president and chairman of the Young Leadership Council of New Orleans. He has also been a member of the Tulane University Health Sciences Board of Governors, chaired the Isidore Newman School Annual Fund Campaign, and is a Leman Stern Leadership Fellow. In addition, Wormser has lectured at Tulane University’s Freeman School of Business on hospitality investment trends.

Personal life

Wormser resides in New Orleans and has three children. He is also an avid golfer.

[1] ttps://bizneworleans.com/wormser-joins-hrec-as-svp-in-new-orleans-office/

[2] ttps://hrec.com/company-overview/team-member-profiles/leonard-vance-wormser-len

[3] ttps://bizneworleans.com/wormser-joins-hrec-as-svp-in-new-orleans-office/

[4] ttps://bizneworleans.com/wormser-joins-hrec-as-svp-in-new-orleans-office/

[5] ttps://hrec.com/company-overview/team-member-profiles/leonard-vance-wormser-len

[6] ttps://bizneworleans.com/wormser-joins-hrec-as-svp-in-new-orleans-office/

[7] ttps://hrec.com/company-overview/team-member-profiles/leonard-vance-wormser-len

[8] ttps://bizneworleans.com/wormser-joins-hrec-as-svp-in-new-orleans-office/

[9] ttps://bizneworleans.com/wormser-joins-hrec-as-svp-in-new-orleans-office/

[10] ttps://bizneworleans.com/wormser-joins-hrec-as-svp-in-new-orleans-office

[11] ttps://hrec.com/company-overview/team-member-profiles/leonard-vance-wormser-len

[12] ttps://bizneworleans.com/wormser-joins-hrec-as-svp-in-new-orleans-office/

[13] ttps://bizneworleans.com/wormser-joins-hrec-as-svp-in-new-orleans-office/

[14] ttps://bizneworleans.com/wormser-joins-hrec-as-svp-in-new-orleans-office

[15] ttps://www.forbes.com/sites/sherikoones/2021/09/21/trophy-asset-purchased-in-the-big-easy/

[16] ttps://neworleanscitybusiness.com/blog/2021/08/20/hotelier-joe-jaeger-sells-bourbon-orleans-for-81m/

[17] ttps://hotelbusiness.com/garnet-hotels-acquires-clarion-hotel-in-new-orleans/?amp=1

[18] ttps://platform.reverecre.com/project/572f1659-f4b6-4549-9dbc-76be76d3db7d

[19] ttps://www.nola.com/news/business/bobby-guidry-buys-new-orleans-warehouse-district-hotels-in-multi-million-dollar-deal/article_609573d0-08d1-11ef-a8b5-67fe194eb0d8.amp.html

[20] ttps://servicedapartmentnews.com/news/industry/new-orleans-courtyard-springhill-acquired/

[21] ttps://www.prnewswire.com/news-releases/73-million-sale-of-new-orleans-marriott-courtyard-and-springhill-suites-hotels-to-group-led-by-louisiana-businessman-robert-j-guidry-302134103.html

[22] ttps://www.hotel-online.com/news/group-led-by-robert-j-guidry-acquires-dual-branded-courtyard-and-springhill-suites-new-orleans-for-73-million

[23] ttps://hotelbusiness.com/dual-branded-new-orleans-courtyard-springhill-sold-for-73m/

[24] ttps://www.hotel-online.com/news/new-orleans-marriott-warehouse-arts-district-unveils-multi-phased-renovation

[25] ttps://www.allsides.com/news/2024-05-03-0430/business-bobby-guidry-buys-convention-center-boulevard-hotels

[26] ttps://bizneworleans.com/hrec-arranges-sale-of-hilton-new-orleans-airport/

[27] ttps://southflorida.citybuzz.co/article/651728/hrec-arranges-sale-of-the-sheraton-galleria-metairie-new-orleans-louisiana

[28] ttps://canalstreetbeat.com/maritime-building-trades-to-become-timeshares/

[29] ttps://www.theadvocate.com/new_orleans/news/maritime-building-in-new-orleans-cbd-sold-will-reopen-as-timeshare-operation-in-2020/article_c46f415e-45d8-11e9-961f-0bee2b0386d6.html

[30] ttps://keycrew.co/journal/85-of-new-orleans-hotels-now-owned-by-institutional-investors-says-senior-investment-advisor/

[31] ttps://www.fox8live.com/2024/06/24/whats-next-joe-jaegers-empire/?outputType=amp

[1]

[2]

[3]

[4]

[5]

[6]

[7]

[8]

[9]

[10]

[11]

[12]

[13]

[14]

[15]

[16]

[17]

[18]

[19]

[20]

[21]

[22]

[23]

[24]

[25]

[26]

[27]

[28]

[29]

[30]

[31]