 |
| Diane Tanner Fox |
CHICAGO/BOSTON/PHOENIX – CHMWarnick, hotel
asset manager and business advisor to the hospitality investment community,
announced Diane Tanner Fox, CHAM (Certified Hotel Asset Manager), has
been named senior vice-president.
In her new role, Fox will be responsible for
maintaining and strengthening CHMWarnick’s Midwestern presence through the
establishment of a Chicago office.
“Diane is a highly-respected industry executive whose vast experience,
capabilities and impressive track record of maximizing all aspects of hospitality
real estate makes her a valuable addition to our team,” said Chad Crandell,
CEO and managing director, CHMWarnick.
“Her two-plus decades of hotel investment
experience include numerous roles, ranging from acquisition and development to
hotel asset management for both public and private entities.
 |
| Chad Crandell |
"She
brings a multifaceted dimension to CHMWarnick, having successfully enhanced the
value of hotels and portfolios within luxury, select- and full-service
segments.”
Fox has asset managed hotels, resorts and large-scale portfolios
in primary and secondary markets across the country, with more than a decade in
the Midwest, representing knowledge and experience in an important region for
CHMWarnick clients.
Roughly
a quarter of the 70 hotels and 29,000 rooms in CHMWarnick’s asset management
portfolio are located in the Midwest, including some of the country’s leading
convention center headquarter hotels, such as the Hyatt Regency and Marriott
Marquis at Chicago’s McCormick Place, Hilton Cleveland Downtown, Hilton Des
Moines Downtown and the Detroit Marriott at the Renaissance Center.
 |
| Rich Warnick |
"While CHMWarnick has actively asset
managed properties throughout the region since 1998, the recent surge in hotel
development and client investment activity in the Midwest makes this the ideal
time for us to establish an office in the Chicago area.
"Diane is a strategic hire, one of the
best in the business, and the perfect candidate to enhance our team to drive
value for our hotel investment clients in the Midwest and beyond,”
Most recently, Fox served as executive vice-president of a national hotel asset
management firm, where she oversaw the company’s West Coast portfolio of 14
hotels totaling approximately $1 billion in asset value.
Prior to that, she held the position of senior vice-president of asset management with Waterton, a Chicago-based real estate investment and property management company with a focus on U.S. hospitality, multifamily and senior living properties.
While there, she was responsible for a portfolio of 10
hotels totaling approximately $500 million in value.
Fox also has worked for such prestigious organizations as
Clarion Partners as senior vice-president of asset management, Hilton Hotels
Corporation as vice-president of development for the
south-central region, and CNL Hospitality Corporation as vice-president of
portfolio management.
She
is an active member of HAMA (Hospitality Asset Managers Association) and
represents the seventh member of CHMWarnick’s professional team to hold the
coveted CHAM designation, an advanced certification in hotel asset management
held only by 39 individuals worldwide.
 |
| Hyatt Regency at McCormick Place, Chicago, IL |
Fox graduated from Cleveland State University with an M.A. in
public administration and a joint B.A. in business administration and
marketing.
“CHMWarnick has a tremendous team and unmatched coast-to-coast presence in the
third-party asset management field,” Fox said.
“The
CHMWarnick team is focused on delivering the best results for their clients.
They have created an organization focused on value creation by building out a
team of seasoned asset managers who cross-share ideas and best practices.
"Also,
they have invested in developing Proph+IT, a technology platform that allows
the asset management team access to state-of-the-art detailed benchmarking and
analytics. I look forward to helping further establish our Midwestern footprint
as we continue to grow.”
Contact:
Chris
Daly
Daly Gray Public Relations
Phone: 703-435-6293
No comments:
Post a Comment