CHICAGO, Oct. 18, 2016 /PRNewswire/ -- Arbor Lodging Partners ("Arbor"), a leading fully integrated owner and operator of hotels nationwide, and its hotel management affiliate NVN Hotels, announced today that Dan Drexler has been appointed to the firms' Advisory Board. Drexler is the Director of Research for Longview Asset Management LLC, the investment arm for the Crown family of Chicago.
"Arbor celebrated 10 years in 2016, and we're headed into our next decade with an advisory board that brings us a wide range of new ideas, opportunities and guidance," commented Vamsi Bonthala, Chief Executive Officer of Arbor Lodging Partners. "Dan is entrusted with evaluating investment opportunities for one of the nation's premier private, independent investment management firms, and his expertise will be vital to our growth."
At Longview Asset Management, Drexler is responsible for analyzing public investments and directing the portfolio team. In addition, he has been a Board Member and the Director of Operations since 2001 for Quality Products, Inc., a privately controlled $50 million industrial holding company. He has also served on the Board of Directors of Albany Bank & Trust in Albany Park, IL, one of Chicago's largest community banks, since 2008, and the Advisory Boards of Madison Capital Partners, Hadley Capital, and Fort Point Capital.
"Dan is a perfect complement to our board, which is composed of leaders that bring us new ideas from a variety of perspectives in real estate, finance and hospitality," added Arbor Lodging Partners Principal Sheenal Patel, also CEO of NVN Hotels.
Other members of the Advisory Board include:
- Steve Mikol, a 35-year hospitality and development veteran who was one of the co-founding Principals of Denver-based Sage Hospitality Resources, Inc., a real estate development, consulting and management company. Mikol has been involved with the development, acquisition and conversion, and/or ownership of hospitality brands including Marriott, Ritz-Carlton, Mandarin Oriental, Four Seasons, Hilton, Doubletree, Westin, Sheraton, Holiday Inn, Hampton Inn and numerous independent and boutique hotels.
- Kenneth Munkacy, Senior Vice President of GID Investment Advisers LLC and Senior Managing Director of GID International Group. Munkacy is a member of GID's Executive Committee and brings more than 35 years of domestic and international real estate experience, ranging from acquisitions, development and investment management operations for Starwood Capital, GE Capital, and TrizecHahn. He has served on the board of a NASDAQ- listed mortgage REIT and numerous privately held companies. Munkacy serves as a Vice Chair of the Global Exchange Council at the Urban Land Institute and is a member of PREA.
- Michael Newman, President and CEO of Golub & Company, a Chicago-based international real estate and investment firm. Michael has served as Golub & Company's Chief Executive through more than two decades of significant growth in the U.S. and abroad. Newman has played a leadership role in multiple significant development, acquisition and financing transactions during his more than 35 years in the real estate business.
About Arbor Lodging Partners
Arbor Lodging Partners is a Chicago-based national owner and operator of hotels. The company was founded in 2005 with the goal of uniting the best practices of enterprising hotel operators and sophisticated institutional investors to effectively underwrite and execute investments in the lodging space. Arbor Lodging Partners makes investments in hotels, acquires loans secured by hotels, and, through an affiliate, manages operations for its own hotels and those owned by third-parties. To learn more about Arbor Lodging Partners, visit http://www.arborlodging.com.
About NVN Hotels
NVN Hotels is a leading hotel management company providing owners and asset managers with a range of services for their operational needs. Recently designated one of the nation's top hotel companies of 2015 by Hotel Management Magazine, the NVN Hotels team has a long history of providing strong leadership for hotel operations and a reputation for presenting innovative solutions for the many challenges faced by hotels. To learn more about NVN Hotels, visit http://www.nvnhotels.com.
Patricia Agos, firstname.lastname@example.org or 773-758-5044
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SOURCE Arbor Lodging Partners