Twenty years of finding, underwriting and closing deals.

I built a $400M acquisition and development pipeline for Brookfield Asset Management, growing their extended stay hotel platform from concept to institutional scale. That portfolio was sold to Blackstone and Starwood Capital in a $1.5B transaction spanning 100+ hotels, 13,000+ rooms, across 30+ states. It remains one of the largest extended stay platform exits in the sector.

I was the 5th employee at Lidl US, hired to build their real estate function from scratch. I led $1.8B in expansion across site selection, acquisition, entitlement, and development for a European retailer entering the most competitive grocery market in the world.

At Jair Lynch Real Estate Partners in Washington, DC, a CalSTRS-backed developer, I closed two projects totaling $138M, a 307-unit multifamily development and a 160K SF office redevelopment, and worked on a $200M mixed-use public-private redevelopment.

Today, Eternal Companies is an active sponsor and GP in its own right, including a two-hotel, 165-key extended stay portfolio in Georgia acquired in 2024, alongside advisory mandates and sponsored pursuit opportunities across the platform. See the track record.

I earned a Master of Urban Planning from the University of Michigan and a B.S. in Business and Finance from Oklahoma State University.

I learned that the operators who attract capital are not always the best dealmakers or the best operators. They have the business plan and systems that make investment committees comfortable.

I learned that most capital raises fail not because the deal is bad, but because 1) the operator cannot communicate the deal in the language institutional investors require and 2) their infrastructure doesn't justify life after a single deal.

I learned that walking away from a deal is sometimes the highest-value decision you can make. I have walked away from transactions that looked good on paper because the capital structure was wrong, the partnership terms were misaligned, or the market timing was off. Those walk-aways protected more capital than most closings ever generated.

And I learned that the gap between an entrepreneurial operator and an institutional platform is not intelligence or effort. It is not your assets. It is the infrastructure around them. The right systems, the right materials, the right positioning. That is the work I do.

Damon C. Healey serves on the Choice Hotels Suburban Studios Owners Advisory Board, contributing to franchise strategy for one of the fastest-growing segments in hospitality. He is a member of the Taubman College Alumni Council at the University of Michigan.

His work as a sponsor and GP has been featured in HOTELS Magazine, CoStar, CREModels, Hotel Investment Today, and CPI Capital. He has spoken at the IMN Extended Stay Hotels Forum, NABHOOD, ExSTAY/ESLA. See the full list on the Media page.

Who is Damon Healey?

Damon C. Healey is the Founder and Managing Principal of Eternal Companies, an institutional real estate investment firm based in Bethesda, Maryland. He is a sponsor and GP who has executed $3.8B in transactions across hospitality, multifamily, retail, mixed-use, and development. His career includes a $1.5B platform exit from Brookfield to Blackstone/Starwood, leading $1.8B in real estate expansion for Lidl US, and closing two multifamily and office projects totaling $138M at Jair Lynch Real Estate Partners. He serves on the Choice Hotels Suburban Studios Owners Advisory Board and the Taubman College Alumni Council.

What does Eternal Companies do?

Eternal Companies sponsors, develops and manages hotels and other commercial real estate, and helps owners and operators grow: finding deals, underwriting them, building the plan and team, and closing. It is led by Damon C. Healey from Bethesda, Maryland.

Who does Damon Healey work with?

Hotel and commercial real estate owners and operators, and sponsors building a platform. Damon also works for capital partners who want to hire an operator to build and run a hotel business.