David Pollack Email and Phone Number
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HOSPITALITY REAL ESTATE AND DEVELOPMENT AND FRANCHISE DEVELOPMENTDavid Pollack is a Licensed Attorney and CPA with 20+ years of experience in Hotel Real Estate.Experienced in market research, feasibility studies, investment proformas, site selection, asset valuation and due diligence activities. David's in-depth understanding of Brand Management, the Real Estate Market and his Corporate Strategic Direction has produce the following wins:✔ Acquired or leased 39 hotels for $106 million✔ Developed 22 hotels for $118 million✔ Sold 22 hotels and 30 land parcels ✔ Renegotiated or terminated 20 hotel leases ✔ Sold 17 hotel franchises generating annual royalties of $750,000✔ Built 12 hotels for $65 million as President of a startup hotel development companyDavid has real estate and development, leadership experience with upscale, full service, limited service and extended stay hotels across the U.S., Canada and Internationally including Hyatt, Holiday Inn, Motel 6, Red Roof Inns, Studio 6 and Value Place. If you would like to brainstorm on best practices for hotel development, let set up a meeting: ☎ Call or Text +1-214-405-7919✉ DPPollack @ AOL . comSpecialties: Acquisition, Development, New Construction, Leases, Management Contracts, Franchising, Disposition, Asset Management, Hotel Real Estate, Hotel Development, Hospitality, Hospitality Development, Hotel Acquisitions, Hotel Real Estate and Development, Real Estate Asset Manager, Real Estate Manager, Director of Real Estate, Asset Management, Hotel Dispositions, Management, Operations Management, Mergers & Acquisitions, Leases, Project Planning, Disposition, Start-ups, Budgets, Contract Management, Real Estate, Valuation, Due Diligence, Feasibility Studies, Strategy, Investments, Finance, Asset Management, Strategic Planning, Location Intelligence, Hotels, Portfolio Management, Hospitality, Contract Negotiation, Real Estate Transactions
Valplace Development Texas Lp
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- valueplace.com
- Employees:
- 1
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PresidentValplace Development Texas Lp Mar 2005 - PresentDallas/Fort Worth AreaStart up hotel development company building Value Place extended stay hotels in Texas.President and Partner 2007 to Present Developed 12 Value Place hotels with 1,400 rooms at a cost of $65 million with annual revenues of $15 million. Responsibilities include creating the business plan, P&L, reporting to partners, maintaining relations with the franchisor, investors and management company. Hired and developed employees and a team of consultants to develop, construct, open and operate 12 hotels. Vice President Real Estate and Development and Partner 2005 to 2007 Responsible for identifying markets, site selection, project budgets and timelines, land acquisition, due diligence, entitlement, pre-opening and managing the management company. -
Vice President Franchise DevelopmentAccor North America Dec 1988 - Oct 2004Dallas/Fort Worth AreaOwner of Motel 6, Red Roof Inns, Studio 6, Novotel and Sofitel with 1,200 hotels across the U.S. and Canada with $1.3 billion in annual room revenue.Vice President Franchise Development (2002 to 2004)David Pollack sold 17 Motel 6, Red Roof Inns and Studio 6 franchises that generated annual royalty fees of $750,000. • Completed market and feasibility reviews. • Negotiated franchise agreements and conversion budgets. Vice President Real Estate and Development (1988 to 2001) David Pollack was responsible for varied geographic development regions in the U.S.• Developed, acquired or leased 51 company owned Motel 6, Red Roof Inns, and Studio 6 hotels across the U.S. and in Canada for an investment of $150 million. • Acquired hotels individually and in portfolios. • Identified hotels completing feasibility studies, financial analysis and due diligence. • Negotiated hotel purchase agreements, renovation budgets and coordinated closings. • Developed hotels purchasing sites and coordinated due diligence and development activities through receipt of building permits. • Coordinated property closings.• Asset management responsibility for owned hotels, vacant land, restaurants and office buildings. • Disposed of 30 land parcels located in 17 states. • Disposed of 22 hotels. • Evaluated 20 hotel leases and either renegotiated, terminated or completed tax-free exchanges. -
Asset Manager HotelsVms Realty 1986 - 1988Greater Chicago AreaReal estate syndicator with extensive commercial, industrial, multi-family and hotel ownership. The hotel portfolio included 50 upscale and full service hotels across the U.S. David Pollack was responsible for 36 Holiday Inn and Crowne Plaza hotels located in 15 states. • Managed multiple management companies through financial and operations reviews, annual operating budgets, sales and marketing plans, and capital expenditures. • Completed market and property evaluations and valuations to optimize financial return.
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Tax ConsultantArthur Anderson (Parent Company Absorbed By Accenture) 1983 - 1986Greater Chicago AreaFormer big five national public accounting firm.David Pollack provided tax compliance, consultation, and planning in aspects of federal, state and foreign taxation for a variety of domestic and international clients. • Clients included multinational Fortune 500 corporations, owner operated and closely held corporations, partnerships and individuals. -
Operations Analyst/ Assistant To The TreasurerHyatt International (Merged Into Hyatt Hotels) 1979 - 1983Greater Chicago AreaDeveloped and supported management of Hyatt’s international hotels.David Pollack was responsible for operating reports, sales and marketing plans and capital expenditures for 28 Hyatt hotels located in 23 foreign countries. • Prepared feasibility studies. • Negotiated varied hotel agreements including management, franchise and technical services. • Managed worldwide risk management program.
David Pollack Skills
David Pollack Education Details
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Hotel & Restaurant Management
Frequently Asked Questions about David Pollack
What company does David Pollack work for?
David Pollack works for Valplace Development Texas Lp
What is David Pollack's role at the current company?
David Pollack's current role is Strategic Hotel Development 20+ Yrs Commercial Real Estate, 39 Aquisitions, 22 Developed, Sold 17 Franchises & 22 Hotels.
What is David Pollack's email address?
David Pollack's email address is dp****@****aol.com
What schools did David Pollack attend?
David Pollack attended Hamline University School Of Law, University Of Wisconsin Stout.
What skills is David Pollack known for?
David Pollack has skills like Due Diligence, Management, Strategic Planning, Contract Negotiation, Real Estate, Budgets, Asset Management, Strategy, Project Planning, Start Ups, Valuation, Finance.
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