Greg Fay

Greg Fay Email and Phone Number

Managing Partner at Fayth Hospitality Group - we focus on the development of Hilton branded select service hotels and the acquisition of Hilton and Marriott branded hotels. @
Greg Fay's Location
Dallas, Texas, United States, United States
Greg Fay's Contact Details

Greg Fay personal email

n/a
About Greg Fay

Fayth Hospitality Group was formed in early 2018 to continue the development efforts of a group of family offices. The principles are Randy Churchey and me. Randy and I were two of the founding investors in MCR Development which is now one of the largest private holders of select service hotels in the US (you can visit their website at www.mcrdevelopment.com). Randy and I have each been in the hotel business for over 25 years. FHG focuses on the development of Hilton branded select service hotels throughout the continental US and is currently evaluating developments in Denver, CO, Tucson, AZ and Phoenix, AZ.Innovative financial leader, highly effective at running complex financial systems and providing insightful intelligence to make strategic business decisions. Known for astute financial analysis, improving core business systems, building cross-functional relationships across the business and developing his staff to their greatest potential. Passionate about successfully managing a multifaceted financial organization to optimize business performance and drive bottom line profitability.Core Leadership Strengths | IPO Preparedness | Process & System Optimization | Debt Negotiations | Joint Venture Structuring | Staff Development & Coaching | Financial Planning & Analysis | Shared Service Center Operations | Financial Operations & Control | Project Management | Strategic Change Management

Greg Fay's Current Company Details
Fayth Hospitality Group, LLC

Fayth Hospitality Group, Llc

Managing Partner at Fayth Hospitality Group - we focus on the development of Hilton branded select service hotels and the acquisition of Hilton and Marriott branded hotels.
Greg Fay Work Experience Details
  • Fayth Hospitality Group, Llc
    Managing Partner
    Fayth Hospitality Group, Llc Jan 2018 - Present
    Dallas, Texas, United States
    Fayth Hospitality Group was formed by in early 2018 to continue the development efforts of a group of family offices. The principles of Fayth Hospitality are Randy Churchey and me. Randy and I were two of the founding investors in MCR Development which is now one of the largest private holders of select service hotels in the US (you can visit their website at www.mcrdevelopment.com). Randy and I have each been in the hotel business for over 25 years. FHG focuses on the development of select service hotels throughout the continental US and is currently evaluating developments in Denver, CO, Tucson, AZ and Phoenix, AZ. FHG is also pursuing the acquisition of Hilton and Marriott branded hotels.
  • Goldman Sachs Realty Management, L.P.
    Cfo Hospitality
    Goldman Sachs Realty Management, L.P. Sep 2007 - Apr 2018
    Dallas/Fort Worth Area
    Portfolio manager for two select service hotel portfolios with a combined value of over $4 billionSupervised the hotel partnership accounting group which included preparation of S-X compliant financial statements and compliance with Sarbanes OxleyLed the hotel property management company accounting department during its growth from 20 managed hotels to over 220 hotels over the course of one yearDirectly obtained the entitlements to expand an existing hotel from 173 rooms to over 300 rooms with the City of Sunnyvale, CASupervised the property claims management process for the hotel platform which reduced the average claim resolution time from over a year to less than six monthsIdentified a $10 million recovery from a well known oil spill settlement fund. Instrumental in obtaining this settlement over the three year recovery process.Assumed control of a $2.5 billion public to private investment after the existing management team resigned subsequent to acquisitionSenior divisional leader for the Women's Career Strategic InitiativeInvolved in Goldman Sachs 10,000 Small Businesses intiative
  • Builder Financial Corp.
    Cfo
    Builder Financial Corp. Jun 2006 - Aug 2007
    BuilderFinancial Corp. is a private specialty finance company that provides mezzanine financing to small and medium size home builders in south Florida. As the CFO of BFC, my responsibilities included:-Modeling results of operations under various corporate restructuring scenarios to determine the optimal corporate structure for the company-Identifying and negotiating with lenders for warehousing line of credit-Organizing operating budgets and cash flow projections-Preparing all corporate accounting reports-External and internal financial reporting
  • The Rendina Companies
    Cfo
    The Rendina Companies Nov 2004 - May 2006
    The Rendina Companies is a private medical office real estate developer. As the CFO, my responsibilities included:-Identifying and negotiating with lenders for all real estate development projects-Negotiating financing availability of $500 million for development projects-Refinancing over $100 million in construction loans to permanent loans-Preparation of operating budgets for over 50 projects and cash flow forecasting for over 15 development projects-Leading the corporate accounting department and all internal financial reporting-Oversight of the project reporting for over 15 real estate development projects-Preparation of project feasibility analysis and ground lease structuring
  • Innkeepers Usa Trust
    Chief Accounting And Adminstrative Officer
    Innkeepers Usa Trust Aug 1997 - Nov 2004
  • Coopers & Lybrand
    Senior Manager
    Coopers & Lybrand Jan 1986 - Aug 1997

Greg Fay Skills

Staff Development Valuation Investments Joint Ventures Real Estate Financing Debt Restructuring Debt Management Financial Audits Financial Reporting Financial Statements Financial Modeling Financial Accounting Financial Structuring Financial Analysis Accounting Asset Management Finance Due Diligence Disposition Budgets Forecasting Management Ipo Internal Controls Auditing

Greg Fay Education Details

Frequently Asked Questions about Greg Fay

What company does Greg Fay work for?

Greg Fay works for Fayth Hospitality Group, Llc

What is Greg Fay's role at the current company?

Greg Fay's current role is Managing Partner at Fayth Hospitality Group - we focus on the development of Hilton branded select service hotels and the acquisition of Hilton and Marriott branded hotels..

What is Greg Fay's email address?

Greg Fay's email address is greg.fay@gs.com

What schools did Greg Fay attend?

Greg Fay attended University Of South Alabama.

What skills is Greg Fay known for?

Greg Fay has skills like Staff Development, Valuation, Investments, Joint Ventures, Real Estate Financing, Debt Restructuring, Debt Management, Financial Audits, Financial Reporting, Financial Statements, Financial Modeling, Financial Accounting.

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