JLL has added industry veteran John DePaul to lead the Hotels & Hospitality Group’s asset management and advisory practice in the Northeast United States. DePaul will report to Greg Hartmann, who was recently promoted to managing director.
“John has an outstanding track record of achieving superior results for clients and will prove to be an instant asset to our business. His vast experience includes advising and asset managing a 31-hotel portfolio and most recently providing advisory and asset management services to a $22 billion dollar hedge fund with hospitality assets in excess of $1.5 billion dollars,” said Hartmann. “We’re looking forward to the smart, fresh perspective John is bringing to our growing asset management and advisory platform.”
During DePaul’s more than 32 years of hospitality management and advisory experience, he served as managing member and founder of NHH Capital Advisors, a fully integrated hospitality advisory, asset management and investment platform executing more than $4.5 billion in project assignments since 2006. He also served as vice chairman and CEO of Melrose Hotel Corporation, an independent upscale real estate hotel platform within Berwind Property Group LTD.
”With a robust asset management and advisory platform, JLL’s Hotels & Hospitality Group offers services that include asset management, strategic planning for brands and operators, advisory services, valuation, development consulting, project management, operator and brand selections and negotiations to go along with its industry leading investment sales and investment banking position,” said Arthur Adler, Americas CEO and MD of JLL’s Hotels & Hospitality Group. “Our best-in-class talent is ready to provide solutions and expert insight for any and all assignments.”