Jones Lang LaSalle Grows Hotel Project Management Expertise in Denver (United States)
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Jones Lang LaSalle Grows Hotel Project Management Expertise in Denver (United States)
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Category: North America & West Indies / Carribean islands - United States - Industry economy
- Careers
- Appointments - Hotel projects
This is a press release selected by our editorial committee and published online for free on 2011-09-09
Firm hires leading hotel and resort development specialist Pete Dordick
Jones Lang LaSalle has appointed Pete Dordick as Vice President for the firm’s Project and Development Services (PDS) team in Denver. Pete will work closely with Greg Hartmann, MAI, CHA, Executive Vice President of Jones Lang LaSalle Hotels to strengthen the firm’s integrated hotel capabilities throughout the Rocky Mountain region.
“Pete’s expertise as a hotel developer and real estate attorney will allow the firm to provide unparalleled hotel development, renovation and repositioning consulting nationwide,” said Hartmann. “We will partner together as an integrated team offering hotel expertise in site selection, entitlements alignment, feasibility analysis, program management, development services and capital structuring for hotels throughout the Americas."
Dordick is a 20-year veteran of the commercial real estate industry and a specialist in hotels and resorts. A former real estate attorney, Dordick has worked on developments across the U.S., the Caribbean and Latin America. His wide range of expertise includes: acquisition analysis through entitlements, construction and operations. Additionally, Dorcick has led the development, sales and acquisitions of several hundred million dollars worth of real estate projects during his career.
He joins Jones Lang LaSalle from hotel real estate firm HVS, where he was a Director in transaction services. Dordick holds a bachelor’s degree from the University of Colorado and a juris doctorate from the University of Denver.
About Jones Lang LaSalle Hotels
Jones Lang LaSalle Hotels, the first and leading global hotel investment services firm, is uniquely positioned to provide the depth and breadth of advice required by hotel investor and operator clients, through a robust and integrated local network. In 2010, Jones Lang LaSalle Hotels provided sale, purchase and financing advice on $4.1 billion worth of transactions globally. In addition, advisory and valuation services were provided on over 1,000 assignments. The global team comprises over 225 hotel specialists, operating from 39 offices in 20 countries. The firm's advice is supported by a dedicated global research team, which produced 70 publications in 2010 in addition to client research. Jones Lang LaSalle Hotels' services span the hospitality spectrum; from luxury single assets and large portfolios to select service and budget hotels, resorts and pubs. Services include investment sales, mergers and acquisitions, capital raising, valuation and appraisal, asset management, strategic planning, operator selection, management contract negotiation, consulting, industry research and project development services.
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2010 global revenue of more than $2.9 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with $45.3 billion of assets under management.
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