Specialties: Real Estate Acquisitions, Hotel Development, Hotel Consulting, Residential Development, Hotel Management
Accomplished hotel and real estate executive with a proven track record as a senior leader in acquisitions, development and management. Demonstrated strengths in sourcing, evaluating, structuring and closing complex real estate transactions. Adept at raising and structuring equity and debt financing, performing sophisticated financial and
Specialties: Real Estate Acquisitions, Hotel Development, Hotel Consulting, Residential Development, Hotel Management
Accomplished hotel and real estate executive with a proven track record as a senior leader in acquisitions, development and management. Demonstrated strengths in sourcing, evaluating, structuring and closing complex real estate transactions. Adept at raising and structuring equity and debt financing, performing sophisticated financial and strategic analyses, and presenting supported recommendations to investors. Substantial experience in construction planning, approval and project management. Possesses an expansive network of senior-level industry relationships.
Chief Investment Officer @ From April 2014 to Present (1 year 9 months) Chief Investment Officer @ Head of Loews' development group. Responsible for the creation and implementation of short and long-term growth strategies and leading a team of investment professionals. Oversaw the identification of target markets, property targets and development projects; analysis of economic viability of each acquisition; and structuring and negotiations of deal terms. Coordinated the activities of all disciplines acting in support of the development effort (finance, legal, operations, marketing, communications, tax and accounting). Lead capital raising efforts - including sourcing new partnerships and expanding relationships with existing partners; and structuring and negotiating venture documents.
• Lead the investment of over $600 million of Loews’ balance sheet acquisitions.
• Achieved company's long-stated goals of entering markets of Boston, Washington, D.C., Chicago and Los Angeles.
• Developed the Loews Chicago Hotel, a $175 million, 400 room luxury hotel (opening Q1 - 2015).
• Sourced and closed joint ventures with a leading insurance company and a private-equity investor.
• Leveraged long-term relationships with the senior leadership in leading brokerage firms and development communities which lead to Loews’ selection in recent marketed properties, off-market acquisitions and development projects.
• Working directly with the CEO, defined the company’s overall growth strategies and coordinated those strategies with the company’s operations team. From November 2010 to April 2014 (3 years 6 months) Senior Vice President, Acquisitions & Development @ From August 2001 to October 2010 (9 years 3 months) Senior Vice President, Acquisitions & Development @ From August 2001 to October 2010 (9 years 3 months) Vice President, Acquisitions & Development @ Sourcing, structuring and negotiating hotel acquisitions, management contracts and leases for industry’s third largest hotel REIT and largest independent hotel management company. Managed acquisition due diligence process and supervised financial analysts team. From 1997 to 2001 (4 years) Vice President, Acquisitions & Development @ From 1997 to 2001 (4 years) Management Consultant @ Specialized in both real estate and hospitality engagements within this leading management consulting firm’s International Real Estate and Hospitality Consulting practice. Assignments involved structuring workouts, feasibility studies, benchmarking best practices, and financial modeling. From January 1995 to August 1997 (2 years 8 months) Various Management Responsibilities @ From 1989 to 1995 (6 years)
MBA, Finance @ Fordham University - Graduate School of Business Administration From 1993 to 1995 BS, Business @ University of North Carolina at Wilmington From 1985 to 1989