Leading hospitality investment banking firm RobertDouglas announced the promotion of Evan Hurd, a Managing Director with the firm, to Principal and Managing Director. Mr. Hurd, based in New York, has contributed significantly to the firm's rapid growth working as advisors to private and institutional clients throughout North America.

"I am delighted to welcome Evan as a partner in the firm," said Robert Stiles, Managing Director and co-founder of RobertDouglas. "He has played an integral role in establishing RobertDouglas as one of the leading hospitality transaction advisory firms in the nation. Douglas Hercher, Managing Director and co-founder of RobertDouglas added that "this promotion marks a significant milestone for RobertDouglas and is a well-deserved result of Evan's tireless efforts to represent the interests of our clients in the lodging capital markets."

Evan Hurd focuses on advising clients in the sale, financing, and joint venture capitalization of institutional-quality hotel properties and portfolios throughout North America. Recent transactions led by Mr. Hurd include the sales of the James Chicago, the Hotel Sorella Country Club Plaza in Kansas City, 70 Park Avenue and Jade Hotels in Manhattan, the Ames Hotel in Boston, the Tarrytown House Estate on the Hudson in Tarrytown, New York, and advising in the restructuring of a significant hotel portfolio in New York City.

Prior to joining RobertDouglas in 2013, Mr. Hurd served as an acquisitions officer at Barings Real Estate Advisers (formerly Cornerstone Real Estate Advisers), where he was involved in over $750 million of hotel acquisitions on behalf of a closed-end discretionary fund, Mass Mutual Financial Group, and other separate-account clients. Prior to that role, Mr. Hurd was a Director of Acquisitions at HEI Hotels & Resorts, and involved in numerous value-add transactions on behalf of HEI Hospitality Funds II & III. Mr. Hurd is a graduate of Cornell University's School of Hotel Administration and is a regular speaker at industry events.

About RobertDouglas

RobertDouglas is a real estate investment banking firm with offices in New York, Los Angeles, San Francisco, Chicago, and Nashville that specializes in the sale, financing, and equity capitalization of hotel, resort, and gaming properties throughout North America. Founded in January 2013 and currently led by its four partners, Rob Stiles, Doug Hercher, Stephen O'Connor, and Evan Hurd, RobertDouglas offers access to exceptional domestic and international institutional investor and lender relationships as it combines the capital markets sophistication of top-tier investment banks with diligent hotel underwriting and proven asset management experience.

For more information, contact info@robert‐douglas.com or go to www.robert-douglas.com.

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