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Rick Rogovin Joins The Dow Hotel Company
as Vice President of Hotel Investments

SEATTLE, June 4, 2013
—The Dow Hotel Company, LLC (DHC) , a hotel ownership, investment and management company, today announced that Rick Rogovin, an executive with more than 25 years of institutional hotel investment experience, has rejoined the company as vice president of hotel investments.

In the newly created position, Rogovin will oversee outreach efforts to institutional investors, limited partnerships, individual investors, brokers and others to form strategic alliances, negotiate partnerships and forge relationships to significantly expand Dow’s owned and joint-venture hotel portfolio.  In addition, he will seek off-market opportunities for DHC and its partners.  He also will be responsible for analyzing new deals including market studies and related financial agreements.  Rogovin will work closely with Mark Rosinsky, DHC’s senior vice president of hotel investments.

Rogovin most recently worked for Wells Fargo as vice president of Wells Fargo Bank’s Hospitality Finance Group.  While there, he was responsbile for sourcing, origination and closing floating rate hotel loans for the bank’s balance sheet account, as well as handling more than $300 million of new loan production in 2012.  Prior to Wells Fargo, he held the position at The Dow Hotel Company as vice president of business development.  Earlier in his career, Rogovin was director – commercial mortgage investments, for Teachers Insurance and Annuity Association/College Retirement Equities Fund (TIAA-CREF), a national financial services organization and the leading provider of retirement services to individuals and institutions in the academic, research, medical, philanthropic and cultural fields.

“We believe the next 12 to 18 months will create widespread growth opportunities for our company and our strong partners in all four of our growth strategies: acquisitions, joint ventures, third-party hotel management, and off-market opportunities” said Murray Dow, president of The Dow Hotel Company. “The company has added three full service properties in the last nine months, and we expect that pace to accelerate.  Rick’s vast experience in the lending world will help us arrange financing for both owned and new properties.  He brings back substantial bench strength in finance, investment, real estate and corporate leadership that will be particularly critical in this high growth period for The Dow Hotel Company and its partners.  His high professional standards fit our culture perfectly.”

About The Dow Hotel Company

Founded in 1997, Seattle-based The Dow Hotel Company is a hotel owner/investor and operator of 11 first-class, full-service hotels with properties throughout the United States.  The company’s portfolio of owned and managed properties consists of institutional-grade hotels, under such brands as Marriott, Hilton, Hyatt, Embassy Suites, Doubletree, Sheraton, and Crowne Plaza.  The company aggressively seeks to acquire, co-invest with joint venture partners and/or manage mid- to large-size, first-class, full-service hotels, especially those with extensive food and beverage capabilities.

The company currently operates food and beverage facilities around the nation, ranging from casual dining to upscale, bars/lounges with Starbuck and Tully’s coffee outlets.  In addition to Basil’s Kitchen, the division’s proprietary restaurant concepts also include Masterson’s, SunSpot, BC Bistro, and Basil’s Bistro.  Additional information about The Dow Hotel Company may be found at www.dowhotelco.com.
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Contact:

 Jerry Daly, Chris Daly
Phone:  (703) 435-6293
[email protected]


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Also See: Amy Wiseman Joins The Dow Hotel Company as Project Management Administrator / May 2013

Dow Hotel Company Makes Two Senior Management Appointments at the Hyatt North Houston in Greenspoint, Texas; Appoints Jayne Murad as Director of Human Resources and Benjamin Moore as Controller / April 2013

Dow Hotel Company Promotes Teresa Sims to Resident Manager for the Hyatt North Houston in Greenspoint, Texas / March 2013

Dow Hotel Company (DHC) Completes $16 Million Renovation of the Hilton Long Island/Huntington in Melville, New York; The 303-room Hotel is Owned in a Joint Venture Between DHC and Prudential / February 2013

Dow Hotel Company Names Howard Gottlieb as General Manager of the 248-suite Chicago Marriott Suites Deerfield in Illinois / October 2012

Dow Hotel Company Completes $16 Million Renovation of the 304-room Hilton Long Island Huntington in Melville, New York / October 2012

The Dow Hotel Company Promotes Three Key Executives; Robert Levy Elevated to SVP while Randall King and David Fincannon Become VPs / September 2012

The Dow Hotel Company to Manage the 174-room Lakeway Resort and Spa near Austin, Texas; Robert Kisker Named General Manager / September 2012

The Dow Hotel Company Names Sean Klos as Food and Beverage Director for the Embassy Suites Seattle-Tacoma International Airport in Seattle, Washington / April 2012

The Dow Hotel Company Appoints Alex Petrollini, CHA, as General Manager of the 227-room Hilton San Antonio Hill Country Hotel and Spa in Texas / March 2012

The Dow Hotel Company Appoints Rob Adams as General Manager of the 371-room Marriott Suites Anaheim in California / July 2011

The Dow Hotel Company to Manage the 375-suite Embassy Suites Anaheim South in Garden Grove, California, Owned by Landmark Companies / June 2011

The Dow Hotel Company, in a Joint Venture with Prudential Insurance Company of America, Acquires the 304-room Hilton Long Island/Huntington in Melville, New York / June 2011

C.A. Anderson Joins The Dow Hotel Company as President and COO / July 2010

The Dow Hotel Company Expands Into Third-Party Hotel Restaurant Management; Embassy Suites Seattle-Tacoma International Airport, Converts Restaurant to Proprietary Basil's Kitchen Brand / March 2010

Barcelona Hotel Group and Dow Hotel Co. Plan to Acquire up to $450 million in Hotel Assets Over the Next 12-18 Months / April 2010

The Dow Hotel Company Names Alex Petrollini General Manager of Crowne Plaza Lake Oswego in Suburban Portland / July 2007


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