BOSTON, January 27,
2016—Officials of T.R. ENGEL Group, LLC (TRE), a Boston-based, entrepreneurial
hotel advisory and asset management firm, today announced that Matt Engel has
been promoted to managing director from senior vice president.
In his new role, he will provide a pivotal
role in TRE’s global advisory and investment services assignments. He will remain managing principal for
T.R.ENGEL Group--Middle East, LLC (TRE-ME), and oversee the company’s investor
development in both Qatar and within the GCC region.
“Matt is approaching a
decade with TRE and has held asset management and advisory services positions
of increasing responsibility and accountability,” said Tom Engel,
president.
“In addition to his success
in establishing our presence as the only hotel advisory firm licensed by the
Qatar Financial Center Authority, he leads the asset management teams for three
of our most important assignments: the
Marriott Crystal City, Renaissance Schaumburg Hotel and Convention Center, and
the Munich Marriott Hotel, which combined generate more than $90 million in
annual revenues. This promotion reflects
his growing contributions to our global TRE clients and the growth of the
company.”
With nearly 15 years’
experience in diversified real estate, hotel asset management and capital
markets, Engel previously asset-managed the Calpers Hotel Portfolio on behalf
of the Procaccianti Group, a leading independent owner/operator. Over the past five years, he has provided investors
asset management services for such recognized hotels as the South Shore Harbor
Resort & Conference Center, Hamburg Marriott Hotel and the Westchester
Marriott Hotel, as well as advisory services for the SLS Hotel South Beach and
the NoMad Hotel. Engel received his
Bachelor of Science in Public Policy from Hamilton College.
T.R. ENGEL Group, LLC, is
a privately held, Boston, Mass., U.S.-based lodging advisory, asset management
and real estate investment firm. The company currently is engaged in hospitality
advisory projects and hotel asset management throughout the U.S., Europe and
the Middle East. TRE offices are located in Boston, the Greater Philadelphia
area and Doha, Qatar.
For a complete copy of the company’s news release,
please contact:
Chris Daly, media
(703) 435-6293
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