New Castle Adds to Development & Acquisitions Team

SHELTON, CT—New Castle Hotels & Resorts has hired Julian Buffam as director of business development for the acquisitions and development team.

Buffam recently served as an investment analyst with HEI Hotels and Resorts, charged with underwriting new opportunities, providing supporting analyses for existing investments, and producing and delivering third-party management presentations. Previously, Buffam was a project manager with HVS where he conducted appraisals and feasibility studies, developed an expertise in adaptive-reuse projects and published two articles on the subject in the Real Estate Financial Journal.

“Julian has a passion for the development side of the hospitality industry and already has demonstrated strong insights in the sectors where New Castle is a player, specifically upper-upscale, urban hotels, historic hotels and resorts and premium select service hotels,” said Gerry Chase, president and COO of New Castle Hotels & Resorts. “Our development team has a very active and diverse pipeline and Julian’s expertise will enable us to bring more deals to fruition.”