AOG Wealth Management held a Client Education Seminar on March 31st at Ruth’s Chris in Tyson’s Corner, highlighting one of the many unique investment opportunities offered to our clients. The event was hosted by ARC Hospitality and welcomed over forty-five AOG clients who listened to Jonathan Mehlman, Chief Investment Officer and President, of ARC Hospitality present the benefits of investing in hospitality real estate. In addition, James Carroll, President and CEO, of Crestline Hotels and Resorts, participated in the Q&A session.
Mr. Mehlman was appointed Chief Executive Officer and President of ARC Hospitality in November 2014. Previously, he served as Executive Vice President and Chief Investment Officer of ARC Hospitality, its advisor and its property manager since their formation in July 2013. Mr. Mehlman has 22 years of experience in the real estate investment banking and capital markets with significant focus in the hospitality sector. Within the real estate industry, Mr. Mehlman has acted as a Mergers and Acquisitions advisor, investment banker and lender and has many years of experience coordinating transaction activity for public and private global hotel brands and US hotel REITs. From August 2012 until January 2013, Mr. Mehlman was co-head of the real estate advisory group at KPMG before joining American Realty Capital in January 2013 as an Executive Vice President and Managing Director. Mr. Mehlman received his bachelor of art in art history from the University of Michigan as well as a master in business administration with a focus in real estate and finance from the University of North Carolina.
Mr. Carroll joined Barceló Crestline Corporation in 2004 from Dell, Inc., where he held several operations and financial management positions. In his initial role at Barceló Crestline, Mr. Carroll served as SVP & Treasurer. In 2006 he was promoted to CFO, and in 2010 was promoted to President & CEO of Crestline Hotels & Resorts. As CEO of Crestline, Mr. Carroll has responsibility for all corporate functions, and the management of the Company’s portfolio of 45 managed properties throughout the United States. In addition, he oversees the company’s portfolio of owned assets. Mr. Carroll holds the degree of Master in Business Administration from the Harvard Business School, and is a graduate of the U.S. Naval Academy. Previously, he served as a Naval Aviator and Lieutenant Commander in the United States Navy. In addition, Mr. Carroll serves on the Board of Directors for Armada Hoffler Properties, Inc. (NYSE: AHH) and for ServiceSource, Inc.
ARC Hospitality will seek to primarily acquire select-service and full-service hotels, and is affiliated with major brands such as Marriott, Hilton and Hyatt. The hotels are located in high barrier-to-entry, supply-constrained markets near sustainable growth diverse demand generators. Properties are well-maintained, with minimum deferred maintenance or renovation required, and purchased at a discount to replacement cost. ARC Hospitality recommends investing in the hospitality sector for the following reasons:
- Third-Party Research on a Recovering Economy
- Pricing Power and “One Night Leases”
- Limited Supply
ARC Hospitality believes there are strong underlying hotel fundamentals providing opportunities to its investors:
- Stable Demand Growth
- Rising Occupancy Rates
- Increasing ADR (average daily room rate) Metrics
- Expanding RevPAR (revenue per available room) Metrics
To learn more about AOG Wealth Management and its specialized approach to institutional-quality wealth management advice and asset management, please contact us at 1-877-600-3573 or visit AOG on the Web at www.aogwealth.com.
Real Estate Investment Trusts are a longer-term illiquid investment and may not be suitable for all investors. Vacancies can negatively impact income and capital gains potential. Investments in real estate may be affected by adverse economic conditions and regulatory changes. Distributions are not guaranteed. Due to the risks involved in the ownership of real estate, there is no guarantee of any return on your investment, and you may lose all or a portion of your investment. This is neither an offer nor a solicitation to purchase any products, which may be done only with a current prospectus. Investors should consider their investment objectives and risks, along with the product’s charges and expenses before investing. Please read the prospectus carefully before investing.