Dauntless Hospitality Advisors
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DAUNTLESS HOSPITALITY ADVISORS, LLC

Details of Experience

 
James E. Fitzgerald Executive Managing Director Dauntless Hospitality Advisors.jpg

James E. Fitzgerald

Executive Managing Director

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JAMES E. FITZGERALD

Some of Mr. Fitzgerald’s representative accomplishments in the areas of financings, mergers and acquisitions, workouts, and equity investments are as follows:

  • Originated over $2.6 billion in hotel mortgage debt at Principal Financial Group
  • Provided over $400 million of mezzanine monies to Goldman, Blackstone and others in recapitalization of entity-wide portfolios.
  • Advised on $600 million of buy side CMBS purchases
  • Led Principal’s efforts as JV partner on 1002 room JW Marriott Resort in San Antonio- $500 million project
  • Served as business advisor to a prominent Florida family resulting in a $100 million joint venture sale to Starwood Capital.
  • For a high net worth individual we are advising on the structuring and funding of a $100 million alternative real estate investment fund.
  • Worked on behalf of the purchaser of the Four Seasons Hotel (Ty Warner-“Beanie Babies”) in New York as a business advisor on this $300 million acquisition.
  • Advisor to Inter-Continental Hotels on a global asset rationalization study.
  • Determined the outlook for the mid-price segment of the United States lodging industry from a real estate ownership perspective for Bass Hotels to justify a large asset sale to Bristol Hotels.  This work was presented to their Board of Directors which eventually resulted in an $800 million transaction.
  • Worked as exclusive business advisor to Oak Hill (Robert Bass) on their $700 million acquisition of Travel Centers of America.
  • Also served as business advisor to Oak Hill (Robert Bass) on their $200 million acquisition of American Skiing.
  • On behalf of Turner International, acted as business advisor to the government of the United Arab Emirates in evaluating a $1 billion mixed-use leisure project in Abu Dhabi.
  • Acted as business advisor to Battery Park City Authority in evaluating and negotiating developer bids to construct a mixed-use hotel and residential complex in Lower Manhattan resulting in the new $100 million Ritz-Carlton hotel.
  • On behalf of Meristar Hospitality, worked as a strategic business advisor in suggesting new growth opportunities within lodging and leisure resulting in their acquisition of Bridgestreet Accommodations.
  • Assisted two international hotel chains (Bass and Hilton) with an assessment of the risks and opportunities pertaining to a potential $12 billion acquisition of ITT Sheraton.
  • Served as business advisor to Blackstone Group on their acquisition of Swissotels in North America.
  • Placed over $100 million of hotel financing as a lender with American International Group (AIG).
  • Also while at AIG, made over $ 200 million of direct investment in the lodging industry in conjunction with Blackstone Group and Thayer Capital.
  • Raised over $200 million of project specific financing as Assistant Treasurer of Omni Hotels.
  • While at Omni Hotels, Mr. Fitzgerald led all key tasks to acquire two luxury hotels in Texas ($52 million Mandalay Marriott, $34 million Four Seasons Inn on the Park).
  • Responsible for approximately $ 250 million of “workouts” several hotels, including negotiations with lenders and owners, deal structuring and modification of management and franchise agreements.
  • Directed the business planning activities for approximately $700 million of hotel projects with Marriott Corporation.  These hotel development projects included acquisitions and new development of limited service, full-service, and extended stay hotels in the United States, Europe, and Mexico. 
  • Led the acquisition and development efforts in the Southeast for Residence Inn by Marriott resulting in $ 40 million of real estate development.