WASHINGTON—Frontier Development & Hospitality Group LLC, a hotel-focused acquisition, development and asset management firm, has appointed Mark Morris as chief investment officer.
Morris has successfully structured and completed hotel sales transactions totaling more than $3.5 billion during his carer. He will utilize his extensive experience to direct Frontier’s investment and development focus, source direct and indirect investment opportunities, and grow and maintain Frontier’s capital and business relationships.
“As the current pandemic has decimated our industry, we believe that strategic investments during the recovery can be a catalyst for significant growth,” said Evens Charles, founder, Frontier Development & Hospitality Group LLC. “The timing is opportune, as we could not be more thrilled than to have Mark join our team and lead our investment platform.”
Prior to joining Frontier, Morris was managing director at Berkadia Hotels & Hospitality, where he cofounded the Hotel Investment Sales platform. During his tenure, Berkadia grew into a nationwide hotel platform ranked as one of the leading hotel brokerage companies in the nation by Real Estate Alert. He also served as EVP/director of acquisitions and development for Modus Hotels, and held positions at Hunter Hotel Advisors, MK Hotels, SunTrust Bank and Riggs Bank. Morris is a graduate of Syracuse University Whitman School of Management and Cornell University School of Hotel Administration’s Certified Hotel Broker professional program.