Gary N. Wadsten serves as Managing Partner for Carolina Holdings Group (CHG); a real estate investment/development company whose primary focus is the creation of resort/residential communities. In this position, Mr. Wadsten is responsible for strategic planning and its execution, acquisitions, financial oversight, project management, daily operations and investor relations.
Prior to CHG, after 18 years, Mr. Wadsten left a highly successful career with Wyndham Worldwide to pursue other interests. At the time of his resignation, Mr. Wadsten was a Senior Vice President with Wyndham Vacation Ownership (“WVO”). He had leadership responsibility for one of WVO’s six business units. In his role as Senior Vice President for the Mid-Atlantic Business Unit, Mr. Wadsten oversaw an annual sales budget of $170 million, with approximately one thousand employees. His responsibility covered all aspects of financial accountability, budgeting, strategic planning, sales, hospitality/resort management, marketing, human resources and new project acquisition. Mr. Wadsten was directly involved in the creation of two large oceanfront projects consisting of 1,300 condominiums for Wyndham in Myrtle Beach, South Carolina as well as the Wyndham Club mid-rise at National Harbour in Washington, DC, consisting of 260 condominiums.
Mr. Wadsten has been licensed as a real estate broker since 1979; currently holding broker licenses in North Carolina, South Carolina, Georgia and Colorado (inactive). He resides in Myrtle Beach, South Carolina with his wife. He has three grown children.