Hotel Online  Special Report

 
Molinaro Koger Promotes Veteran Broker
Mark Morris to Executive Vice President 

 
Washington, DC – October 29, 2009 – Robert T. Koger, President of Molinaro Koger (MK), announced today that Mark Morris has been promoted to Executive Vice President of the firm. Mr. Morris is a 15-year veteran of MK which is one of the world’s leading hotel real estate advisory, brokerage and capital markets companies. 

“I am pleased to recognize Mark’s significant, long-term contributions to the company and our industry with this well-deserved promotion. As we ramp up to meet increasing demand for our services, Mark’s relationships, expertise and management are crucial,” said Mr. Koger, in announcing the promotion. “During the past 15 years Mark has been central to Molinaro Koger’s successful marketing of a wide array of hospitality assets. His depth of contacts, organizational insight and grasp of economic opportunity throughout every point in the cycle, all play vital roles in the growth of our firm; meeting our clients’ goals in times both rich and challenging.” 
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The Fairview Park Marriott was recently
sold in a transaction structured by
Mark Morris, Executive Vice
President of Molinaro Koger.
The promotion of Mr. Morris coincides with the 50- year anniversary of Molinaro Koger. Since joining Molinaro Koger in 1994, Mr. Morris has earned the reputation as one of the nation's leading hotel real estate brokers. He has personally structured the sale of more than 400 hotels encompassing all regions of the country and has been involved in more than $3 billion of transactions including many of the firm’s most prestigious assignments. 

As Executive Vice President, Mr. Morris has expanded responsibilities as a senior member of the organization and will further evolve his role in shaping company direction. Essential to this role in the current environment is his early career expertise as an officer with a national bank in charge of the restructure of distressed loans, the disposition of assets and real estate management. Mr. Morris will continue to be responsible for marketing the firm's wide range of hotel real estate offerings and advising clients on the strategic disposition of assets ranging from single properties through portfolios. 

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“It’s tremendously rewarding to have my contributions to the firm recognized with this promotion in title and scope of responsibilities,” remarked Mr. Morris. “Clearly, joining Rob and MK 15 years ago was a fortuitous career decision. No other hotel brokerage or advisory firm can point to such impressive growth over the past two decades. It is very satisfying to play a key role in the company’s forward momentum, particularly so in this year, which many call the most challenging times ever experienced in hospitality and investment.

“Because of my long-term experience I am aware that hotel investment will once again be the sought after real estate segment. The transactions that I am putting together now will likely become the best investments my clients ever make. To have that opportunity provides unparalleled satisfaction,” commented Mr. Morris.

Mark Morris’s clients include an impressive roster of public companies, private investors, institutional owners and banks. His recent single-asset and portfolio lodging transactions involved Marriott, Hyatt, Starwood and Hilton-branded properties located throughout the United States. Notable transactions include the Fairview Park Marriott, Embassy Suites Center City Philadelphia, Hyatt Hotel Dulles Airport, several portfolio sales, Residence Inns and Courtyards. He was also involved in the sale of the Mayflower Inn & Spa, a five-diamond destination spa which recorded one of the highest prices per room nationwide in 2007. 

Mark’s career during the last 25 years has spanned a wide range of real estate investment and development. Mr. Morris holds a Bachelor of Science degree in finance from Syracuse University, and is credentialed as a Certified Hotel Broker (CHB) through the Hotel School of Cornell University. Among his career highlights, he earned salesman of the year from Hotel Brokers International for five consecutive years.

Contact Mark Morris at 703.760.9600 and mmorris@mkhotels.com.
 

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ABOUT MOLINARO KOGER 
Founded in 1959, Molinaro Koger (MK) is the world’s leading hotel-exclusive real estate brokerage, advisory and capital markets firm. MK provides clients with unparalleled service and commitment. During the past four decades the company has closed more than $15 billion in hotel property sales. Headquartered in Washington, DC, MK’s offices are located in Atlanta, Chicago, Cincinnati, Dallas, Los Angeles, New York, Phoenix, San Francisco, London, Mumbai, Beijing, and Shanghai. MK structures transactions of luxury hotels and resorts, in addition to urban and mid-scale properties throughout the Americas, Europe, India, China and the Middle East.  The firm closes, on average, more than 75 hotel transactions each year.  Each member of the MK team possesses a unique perspective and invaluable insight. Together they have leading-edge expertise in every aspect of the hospitality business. For further information about this transaction and current hotel property offerings, please contact MK at 703.760.9600 or visit www.mkhotels.com.
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Contact:

Molinaro Koger
8000 Towers Crescent 
Suite 1200
Vienna, VA 22182
703.760.9600

Sharon Lemon
slemon@mkhotels.com
+1.253.304.9869


 
Also See: Molinaro Koger Sells The Raleigh Hotel South Beach / September 2009
Molinaro Koger Sells Four Hotels for Host Hotels & Resorts / August 2009
Molinaro Koger Arranges Financing for 141 Million Acquisition of Hotel Prince de Galles, Paris / October 2008
Molinaro Koger Structures Sale of Residence Inn by  Marriott Tewksbury, Massachusetts / June 2008
Molinaro Koger Structures Sale of Hampton Inn & Suites Lakeland, Florida / June 2008
Molinaro Koger Facilitates Sale of Holiday Inn Cleveland-East / May 2008
Molinaro Koger Arranges Sale of SunSpree Resort Orlando, Florida / May 2008
MK Closes Portfolio Sale of Two Northeast Fairfield Inns To Accor North America / May 2008
Molinaro Koger Structures Sale of Residence Inn by Marriott Lubbock, Texas / May 2008
Molinaro Koger Advises Ashford in Disposition of Sheraton Hotel Iowa City / April 2008
Molinaro Koger Arranges Sale of Chicago-area AmeriSuites to Noble Investment Group / April 2008
Molinaro Koger Advises Procaccianti in Sale of Marriott Hotel Richmond / April 2008
Molinaro Koger Advises Driftwood Hospitality/Lehman Brothers JV in Sale of Courtyard Richmond Airport / January 2008
Molinaro Koger Facilitates Sale of BWI Airport Marriott to European Joint Venture / December 2007
Molinaro Koger Capital Markets Arranges 20 Million Re-Financing for Canyon Equity’s Amanresort Le Mélézin / October 2007
Molinaro Koger Promotes Samantha Fisher to Vice President, Los Angeles / May 2007
Molinaro Koger Advises Ashford Hospitality Trust in Disposition of the Embassy Suites Phoenix Airport / May 2007
Molinaro Koger Structures Sale of Washington Marriott Hotel on behalf of Angelo, Gordon & Co / May 2007
Sale of Sheraton Hotel Oklahoma City Arranged by Molinaro Koger / May 2007
Molinaro Koger Structures Sale of DoubleTree Hotel Tucson at Reid Park / April 2007
MK Capital Markets Welcomes Equity Specialist Bracken White / April 2007
Molinaro Koger Advises Hotelinvest Kalvebod A/S on Sale of Copenhagen Marriott Hotel / February 2007
Beej Das Joins Molinaro Koger as Managing Director, India / January 2007
Molinaro Koger Structures $169 Million Sale of Summerfield Suites Portfolio to Hersha Hospitality Trust on behalf of LodgeWorks / January 2007
MK Structures Disposition of Three Select Service Hotels in Metro-Birmingham, Alabama / December 2006
MK Capital Markets Secures Financing for Two Park City Hotels on Behalf of Navnish Development, LLC / September 2006
Molinaro Koger Structures Sale of Two Tempe, Arizona, Hotel Properties / September 2006
Molinaro Koger Structures Disposition of Westin Kierland Resort & Spa to Host Hotels & Resorts for $393 Million / September 2006
Sheraton Hotel Krakow, Poland Sold to Quinn Group for 45 Million in Transaction Structured by Molinaro Koger / August 2006
Molinaro Koger Welcomes Industry Veteran David Altobello as Vice President / August 2006
Molinaro Koger Structures Shamrock-Hostmark Acquisition of Radisson Hotel Princeton, New Jersey / May 2006
Molinaro Koger Structures Sale of Fairfield Inn, Scottsdale / April 2006
Molinaro Koger Advises on £150 Million Great Eastern Hotel Transaction / March 2006
Cincinnati Office of Molinaro Koger Sells Holiday Inn Cincinnati North / February 2006
Molinaro Koger Announces Record $2.2 Billion in Hotel Transactions in 2005 / January 2006
Sale of Chicago’s Omni Ambassador East Hotel Arranged by Molinaro Koger / December 2005
Hotel Monticello of Georgetown, A European-style Luxury, Boutique Hotel, Sold by Molinaro Koger / June 2005
Molinaro Koger Structures Sale of Sierra Suites® Portfolio / May 2005
Molinaro Koger Structures Sale of Hilton Deerfield Beach Florida / April 2005
Molinaro Koger Structures Sale of Two Residence Inns Portland, Oregon / February 2005
Molinaro Koger Structures Sale of Lenox Suites Hotel Chicago / February 2005
Molinaro Koger Structures Sale of Hilton College Station & Conference Center / January 2005
The Outstanding Year that Was: MK Records $1.3 Billion in Hotel Real Estate Transactions in 2004 / January 2005
Molinaro Koger Structures Sale of Marriott Suites Hotel Bethesda / December 2004
Molinaro Koger Arranges Sale of the Renaissance Jamaica Grande Beach Resort / December 2004
Hospitality Financier Edward Blum Joins Molinaro Koger / December 2004
FelCor Sells North Dallas Crowne Plaza Hotel, Advised by Molinaro Koger / October 2004
Bill Murney Joins Molinaro Koger, Opens Firm’s Phoenix Office as Managing Director / October 2004
Molinaro Koger Advises FelCor on the Sale of the Harvey Hotel DFW / October 2004
Molinaro Koger Structures Sale of Hyatt Hotel Orange County / October 2004
Molinaro Koger Structures Sale of Renaissance Hotel Ft. Lauderdale / September 2004
Molinaro Koger Structures Sale of Radission Hotel Mt. Laurel on behalf of Boykin Lodging Company / September 2004
Molinaro Koger Advises William Street Hotel Associates LLC on Sale of Doubletree Hotel Chicago O’Hare Airport / August 2004
Molinaro Koger Advises on the Sale of the Beaver Creek Lodge / August 2004
Molinaro Koger Arranges Sale of Crystal City Marriott Hotel / July 2004
Molinaro Koger Facilitates Sale of Sheraton Bucks County Hotel to Ashford Hospitality Trust / July 2004
Molinaro Koger Structures Sale of Sheraton Hotel Washington, DC / June 2004
Molinaro Koger Advises in the Sale of Miami Beach Ritz Plaza Hotel — Kimpton to Rebrand and Manage / June 2004
Molinaro Koger Structures Sale of Hilton Hotel Pasadena, California / May 2004
Molinaro Koger Closes Holiday Inn East Columbus on Behalf of B.F. Saul Company / April 2004
Molinaro Koger Structures Sale of Radisson Hotel Charleston / April 2004
Molinaro Koger Closes 82 Transactions in 2003 / January 2004
Thompson Calhoun Fair and Molinaro Koger Brokers Sale of 15 - Hotel Portfolio / December 2003
Molinaro Koger Closes Sale of Renaissance Hotel St. Thomas to Palace Resorts of Cancun, Mexico / November 2003
Molinaro Koger Closes Four Full-Service Hotels / November 2003
Molinaro Koger Closes 46 Transactions Through Third Quarter 2003 / October 2003
Molinaro Koger Selected to Market 7-Property Holiday Inn Portfolio on Behalf of FelCor / May 2003
Simon Allison, Former Finance Director of Hospitality Europe BV, Named Vice President, Molinaro Koger / April 2003
Molinaro Koger Opens Atlanta Office / Oct 2002
Hotel Acquisitions Continue In Tight Market Molinaro Koger Announces 39 To Date Closings / Oct 2002
Molinaro Koger Opens Atlanta Office / Oct 2002


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