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Hotel Development Consultants

The Ritz-Carlton Houston Hotel – Asset Manager

Owner representative and asset management of facility, prior to its re-flagging as a St. Regis hotel.   Responsibilities included oversight of hotel management company, including capital improvement programs.  On behalf of the family office of Newfield Enterprises International (NEI), itself owned the Ibrahim brothers:  HES’ Abdulaziz, Khaled, and Waleed bin Ibrahim Al Ibrahim.

 

In 1995, a group of investors led by Marriott International (Washington, DC) purchased a stake in The Ritz-Carlton Hotel Co.

 

 

 

 

 

Marriott Hotel Schaumburg

Representing partner in this 50/50 joint venture, provided partner (owner) representation and asset management of this prominent suburban Chicago hotel, situated within.

 

The hotel facility, as well as Woodfield Corporate Center, are situated adjacent to Woodfield Mall, a prominent Chicago suburban regional shopping center. The Village of Schaumburg, Illinois has grown to become the retail commercial hub of the northwest suburbs. The village is home to Medieval Times, Spring Valley Nature Sanctuary, and many restaurants and hotels. Schaumburg is also the location of more than 13 million square feet of industrial space occupying over 1,600 acres of land.

 

Owner Representation Consultants

The Ritz-Carlton Aspen Hotel – Owner Representation

Owner representation during construction completion and for ongoing hotel asset management. Evaluated feasibility of in-house spa facilities for the hotel. Part of Aspen Mountain P.U.D. The destination resort has since been reflagged as the St. Regis Aspen.

 

Responsibilities included oversight of hotel management company, including capital improvement programs.  On behalf of the family office of Newfield Enterprises International (NEI), itself owned the Ibrahim brothers:  HES’ Abdulaziz, Khaled, and Waleed bin Ibrahim Al Ibrahim.

 

Aspen, Colorado ranks as one of the world’s top resort destinations, known both for its skiing and Winter sports, as well as its considerable year-around cultural and intellectual pursuits. The Aspen Institute is known worldwide for its schedule of events. From its mining town origins, the central business district of Aspen is now an upscale shopping district that includes high-end restaurants, salons, and luxury retail stores. Aspen (Pitkin County) was founded as a mining camp during the Colorado Silver Boom and named for the abundance of aspen trees in the area. The city emerged as a ski area after World War II, with the foundation of Walter Paepcke’s Aspen Skiing Company.

 

In 1995, a group of investors led by Marriott International (Washington, DC) purchased a stake in The Ritz-Carlton Hotel Co.

 

 

The Ritz-Carlton Hotel Embassy Row

DC Overnight Partners, LLC  |  Owner representative and asset manager.  Responsibilities included oversight of hotel management company, including capital improvement programs.  On behalf of the family office of Newfield Enterprises International (NEI), itself owned the Ibrahim brothers:  HES’ Abdulaziz, Khaled, and Waleed bin Ibrahim Al Ibrahim.

 

In 1995, a group of investors led by Marriott International (Washington, DC) purchased a stake in The Ritz-Carlton Hotel Co.

 

 

 

Owner Representation Consultants - Asset Management Consultants - office and hotel

Woodfield Corporate Center

Owner representative and asset management of major suburban mixed-use facility in Schaumburg (Chicago), Illinois.

 

Asset management and owner representation to joint venture partnership in Woodfield Corporate Center, then the leading mixed-use development and corporate campus in suburban Chicago. Responsibilties include leasing and lease administration.

 

Facilities at Woodfield Corporate Center include high-rise multi-tenant office towers, the Schaumburg Marriott Hotel, and ancillary retail and restaurants. The 48-acre, 1.9 million square-foot mixed-use development was built phases between 1982 to 1986.

 

In collaboration with venture partner Prudential Insurance Co., a repositioning of the facility was completed, including the appointment of U.S. Equities as property manager and leasing agent. Work completed by Firm Principal while with predessor firm. In 1999, the complex sold for $200 million+ to New York-based J.P. Morgan Investment Management Inc. The complex was the largest suburban office development to sell in the U.S. in that year.

 

Hotel Development Consultants

Marriott Hotel Santa Ynez Valley

Market and financial feasibility study with facility and branding recommendations, to support the financing of a new resort hotel in the Buellton (Solvang) area of the Santa Ynez Valley.

 

Hotel market and financial feasibility study with facilities recommendations, for a resort destination hotel in the Solvang area of California. The Buellton area is situated just west of the scenic themed Danish community of Solvang, California. Both communities are located in the Santa Ynez Valley region of Santa Barbara County, a closely-controlled urban growth area.

 

A market study with financial projections was prepared to determine the feasibility of a new hotel property to serve tourism visitors, and to recommend facilities and hotel franchise “flag” affiliation. Originally developed and opened as a Holiday Inn.

 

Contact us for more information or to discuss your project