Frontier Development & Hospitality Group LLC, a hotel-focused acquisition, development, and asset management firm, announced today the appointment of Mark Morris as Chief Investment Officer.
Morris has successfully structured and completed hotel sales transactions totaling more than $3.5 billion. He will utilize his extensive experience to direct Frontier’s investment and development focus, source direct and indirect investment opportunities, and grow and maintain Frontier’s capital and business relationships.
“As the current pandemic has decimated our industry, we believe that strategic investments during the recovery can be a catalyst for significant growth,” said Evens Charles, Founder, Frontier Development & Hospitality Group, LLC. “The timing is opportune, as we could not be more thrilled than to have Mark join our team and lead our investment platform.”
Prior to joining Frontier, Morris was Managing Director at Berkadia Hotels & Hospitality, where he co-founded the Hotel Investment Sales platform. During his tenure, Berkadia grew into a nationwide hotel platform ranked as one of the leading hotel brokerage companies in the nation by Real Estate Alert. He also served as Executive Vice President and Director of Acquisitions and Development for Modus Hotels and held positions at Hunter Hotel Advisors, MK Hotels, SunTrust Bank, and Riggs Bank. Morris is a graduate of Syracuse University Whitman School of Management and Cornell University School of Hotel Administration’s Certified Hotel Broker professional program.
About Frontier Development & Hospitality Group LLC
Founded in 1998, Frontier Development & Hospitality Group is a hospitality investment platform that employs a value-add investment strategy to acquire under-branded, undercapitalized, or mismanaged assets in key growth markets with a diverse subset of demand generators. Frontier’s management team brings nearly 100 years of experience of focused expertise in the areas of acquisitions, dispositions, development, construction management, asset management, operations, and finance. Since its inception, Frontier has acquired and developed a portfolio of hotel assets with a total capitalization of over $200 million, and including its experience in the residential sector, has completed over 75 real estate transactions since its inception. For more information, visit www.frontier-development.com.