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Expert in hotel and real estate market, economic and financial analysis, appraisal and damages
Available for your Consulting and Expert Witness Needs
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Summary of Expertise:
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Listed with other top experts in: |
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Expert is president of a boutique consulting firm providing advisory services to lenders, owners, investors, public agencies and developers in the Hospitality and Real Estate industries. He has been providing expert witness testimony, damage estimates, market feasibility services, strategic planning analysis, and appraising hotels and other hospitality-related real estate for 30 years. His expertise includes dispute resolution, development planning, deal structuring, workouts, and financial issues related to hotel development and investment. Expert has been restructuring loans and other agreements, working out troubled hotel assets, resolving disputes, and providing property valuation, market demand assessment, investment analysis and other acquisition and development advisory services to clients nationwide. He has been the financial advisor to the National Park Service since 1992, working on more than 35 National Park concession contracts, including Yosemite and Yellowstone. Expert's valuation qualifications and expertise have resulted in many unique assignments, such as a recent one involving appraising the Grand Canyon, for which he was awarded the coveted James Felt Creative Counseling Award in 2000. He has been trained as an arbitrator and certified by NASD Dispute Resolution, and has testified as an expert witness on dozens of occasions, in venues ranging from jury trials to arbitration panels to Federal Bankruptcy Court. Additionally, Expert has provided assistance to hotel lenders, owners and landlords in the areas of negotiating financing arrangements, loan documents, management contracts, franchise agreements, ground leases, development agreements, partnership agreements and bankruptcy reorganization plans.
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Show Secondary and Basic Areas of Expertise | Localities:
Expert may consult nationally and internationally, and is also local to the following cities: Los Angeles, California;
San Diego, California;
Long Beach, California;
Santa Ana, California;
Anaheim, California;
Riverside, California;
Bakersfield, California;
Glendale, California;
Huntington Beach, California;
and San Bernardino, California.
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| Year |
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Degree |
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Subject |
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Institution |
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Honors |
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1977
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Masters of Public Administration
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Public-private partnerships
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University of Southern California
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Summa Cum Laude
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1976
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B.A.
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Economics
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Macalester College
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Magna Cum Laude
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| Years |
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Employer |
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Department |
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Title |
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Responsibilities |
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1999 to
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(Undisclosed)
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President
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He is President and Founder of this boutique real estate and hospitality consulting company.
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1986 to 1998
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KPMG Peat Marwick LLP
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Real Estate and Hospitality Consulting
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Principal
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He was the partner in charge of hospitality consulting in the Western half of the US.
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1982 to 1986
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PKF Consulting
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Real Estate and Hospitality Consulting
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Manager
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He was manager of the Los Angeles consulting practice.
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1979 to 1982
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Williams-Kuebelbeck & Associates
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real estate consulting
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Senior Economist
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He was the senior consultant of the real estate consulting practice in the three West Coast offices.
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Associations/Societies
He is a member of the International Society of Hospitality Consultants (ISHC); the Counselors of Real Estate (CRE), the American Society of Appraisers (ASA); and the Forensic Expert Witness Association (FEWA).
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Licenses/Certifications
Certified Real Estate Appraiser
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Professional Appointments
He was the Chairman of the Professional Conduct Committee and served on the Board of Directors for nine years with the ISHC. He is a member of the Board of Arbitrators for the Financial Industry National Regulatory Authority (FINRA) Dispute Resolution.
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Awards/Recognition
He was awarded the James Felt Creative Counseling Award by his peers in the Counselors of Real Estate, and the Chuck Pinkowski Member of the Year Award by his peers at the ISHC. Both awards are considered the top awards for members in those organizations.
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Publications and Patents Summary
He has co-authored an article entitled “How to Value Commercial Improvements in a National Park” in the Winter 2000/Spring 2001 edition of Real Estate Issues; a chapter entitled “Alternative Dispute Resolution in the Hospitality Industry” in the textbook Hotel Investments: Issues and Perspectives, 4th edition (2006); a chapter entitled “Converting Existing Historic Buildings into Hotels” in the textbook Hotel Sustainable Development: Principals and Best Practices, 1st edition (2011); and an article entitled “Issue Review Boards™ – The Next Wave of Alternative Dispute Resolution for the Hospitality Industry”.
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Selected Publications and Publishers
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- Hotel Sustainable Development: Principals and Best Practices, 1st edition
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- Hotel Investments: Issues and Perspectives, 4th edition
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- Real Estate Issues, Winter 2000/Spring 2001 edition
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| Government Experience: |
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| Years |
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Agency |
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Role |
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Description |
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1991 to
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National Park Service
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financial consultant
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Arbitrator, expert witness, mediator, hotel development consultant, concession contract advisor, leasing expert
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2001 to 2012
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California Department of Parks & Recreation
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economic consultant
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expert witness, concessions advisor, financial and economic consultant
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2006 to
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Port of San Diego
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hotel consultant
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expert witness, leasing advisor, hotel development consultant, timeshare advisor, hostel development consultant
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1999 to 2006
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City of San Diego
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hotel consultant
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leasing advisor, hotel development consultant, ground lease extension advisor, expert witness, appraiser
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| Selected Consulting Examples: |
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Expert was involved in the structuring and negotiation of a development agreement and ground and building lease with the selected developer at Ft. Baker in the Golden Gate National Recreation Area. Since 1999, he was involved with the preparation of the RFP, solicitation and identification of qualified private sector firms, preparation of the financial feasibility analysis of the proposed project, evaluation of the financial portions of the responses to the RFP, selection of the development team, and even restructured the lease to accommodate lender requirements. The NPS leases numerous historic Army buildings, which have been converted into use as a high-end conference center with restaurants, retail, and recreational land uses. The renovated hotel, called Cavallo Point, opened in mid-2008.
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He was extensively involved in the successful effort to convert the Haslett Warehouse in the Fisherman's Wharf area of San Francisco into a high-end hotel and restaurant. Beginning in 1998, Expert evaluated the financial portions of the responses to the RFP, assisted in the selection of Kimpton Hotels as the developer, and actively assisted in the lease negotiations. The 260-room Argonaut Hotel opened in August of 2003, and provides substantial lease revenues to the Maritime Museum unit of the Golden Gate Park. Since its opening, he has been retained by the NPS to assist with refinancings, transfer of the leasehold, re-setting of rents, lease amendments, and other financial and hospitality issues.
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Expert was the City of San Diego's leasing advisor, expert witness, deal structurer, and appraiser in several projects from 1999-2006. He assisted the Director of Real Estate Assets in crafting creative ground leases and development agreements to facilitate substantial private sector investment in new and renovated commercial structures. Projects to date include the $75 million Lodge at Torrey Pines, $50 million renovation at the Hyatt Regency Mission Bay, $50 million enhancement of rides at Sea World, and several other hotel and visitor-serving leaseholds.
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Click the green button above to contact
Expert for a free initial screening call regarding your expert consulting needs.
Expert is available for consulting to corporate, legal and government clients.
Remember, your initial screening call to speak with
Expert is free.
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Expert Witness Experience Summary:
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He has testified as an expert witness in venues including jury trials in California, Illinois, Florida and Texas Courts, several AAA- and JAMS-sponsored arbitration panels, Federal Bankruptcy Court, and mediations. Since 1999, he has testified over 25 times in courts/hearings, and has provided deposition testimony over 50 times.
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Click the green button above to contact
Expert for a free initial screening call regarding expert testimony,
litigation consulting and support, forensic services, or any related expert witness services.
A few litigation needs include product liability, personal injury, economic loss, intellectual property
(patent, trademark, trade secret, copyright), and insurance matters. Remember, your initial screening
call to speak with
Expert is free.
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He is a resource in the full spectrum of the hospitality industry, and the general real estate development industry.
Click the green button above to contact
Expert for a free initial screening call regarding your marketing research, industry research, and company
research needs. For research needs involving multiple experts or secondary research,
a Research Director can be assigned to coordinate the work into a custom report for you as a potentially quicker
and more cost effective alternative to doing this work yourself or hiring a boutique consultancy.
Remember, your initial screening call to speak with
Expert is free.
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| Additional Skills and Services: |
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Training/Seminars
All of the required real estate courses to pass and maintain my State-certified General Real Estate Appraiser's license; spoke at 2 dozen hotel and real estate industry conferences.
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Education
