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43 Years Commercial Real Estate (31 Years Franchise Hospitality Specialist)Specialties: Premium Branded Franchise Hotel Construction Lending & Development, Site Selection, Entitlement, Valuation, Joint Ventures, Consulting, Financial Analysis, Due Diligence, New Loan Origination & Underwriting (Construction, Renovations, Conversions. Acquisitions, Refinance), Portfolio Management and Workout. Conventional, SBA 504 & 7(a).
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OwnerSalt & Light Hospitality ConsultingPhoenix, Az, Us
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Senior Vice President Construction LoansWestern Alliance Bank Aug 2010 - PresentPhoenix, Arizona, UsUnderwriting and Managing New Ground Up Construction Loans for Marriott, Hilton, Hyatt & IHG Franchisees in the Upper-Midscale, Upscale and Upper-Upscale Segments Across the United States. Heavy Emphasis on Marriott Courtyard, Residence Inn, TownePlace Suites, Fairfield Inn & Suites, Springhill Suites; Hilton Garden Inn, Homewood Suites, Home2Suites, Hampton Inn & Suites, Embassy Suites, Holiday Inn Express and, Staybridge Suites. Other expanding areas: Westin, Renaissance, DoubleTree, AC Hotel.Excellent Customer Service provided with long history of Franchise Hotel Construction Lending (Western Alliance Bank HFF, GE Franchise Finance, Wachovia Small Business Capital) with further perspective with years of experience as a Franchise Hotel Developer & Consultant (Heavenly Hospitality).Experienced through numerous business cycles with experience in Origination, Underwriting, Restructuring and Work Out.Construction, Hospitality, Premium Franchise/Brand, Development, Appraisal & Legal Subject Matter Expert. -
OwnerHeavenly Hospitality Nov 2004 - Aug 2010Hotel Development Services & Hotel Project Development Franchise HotelsWestin Hotel, Residences & Retail, Downtown Tulsa, OK – Tulsa Garden Square Sheraton Suites, Residences & Lifestyle Center, Owasso, OK Westin Hotel, Residences & Upscale Retail Downtown Colorado Springs, COWestin Element, Chandler, AZHotel Indigo & Candlewood Suites, Tolleson, AZHotel Indigo Mesa, AZMicrotel Inn & Suites, Vicksburg, AZValue Place Hotels – Tucson, AZ, Lake Charles, LA & N Charleston, SCDevelopment Services Manager - Value Place Hotels Arizona, UT & Texas – 12 HotelsPartner - Nationwide Development Services – Offices Phoenix, AZ, Wichita, KS, Naples, FL, Concord, NC – www.NationwideDevelopmentServices.com
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Development Services ManagerWoodspring Hotels Dec 2006 - Sep 2008Rockville, Maryland, UsFranchise Extended Stay Budget Hotel EntitlementValue Place/Woodspring Suites Hotels Arizona, Utah and Texas – 12 Hotels1360 N 43rd Avenue, Phoenix, AZ 850098949 W Sweetwater Avenue, Peoria, AZ 853818808 N Black Canyon Highway, Phoenix, AZ 850511980 E. Ajo Way, Tucson, AZ1421 W. Grant Road, Tucson, AZ2110 S. Harley Drive, Yuma, AZI-10 & 91st, Tolleson, AZI-10 & Avondale Blvd., Avondale, AZI-10 & Pebble Creek Pkwy, Goodyear, AZI-17 & Indian School Road, Phoenix, AZI-15 & 3900 South, Springville, UTLoop 1604 & Gilbeau Rd., San Antonio, TXI-37 & Military Drive, San Antonio,TX -
Senior Commercial Loan Officer HospitalityGe Franchise Finance Jul 2001 - Nov 2004Upscale Franchise Hotel Finance with Emphasis on New Construction and Permanent Financing for Marriott, Hilton, IHG Focused Serviced and Extended Stay Properties. Green Belt Certification. Loan Officer of the Year, President's Club. Created Hotel Policy, Procedures and Approved Appraiser List. Created Construction Loan Policy and Procedures.
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Senior Commercial Loan Officer HospitalityWachovia Small Business Capital (Aka First Union Aka Money Store Investment Corporation) Mar 1994 - Jul 2001Hotel Construction, Acquisition and Renovation/Conversion Loans, Conventional and SBA. Employee of the Year. Loan Officer of the Year. Dream Team. Choice Awards - Only Multiple Recipient. Kudo Award. Production Pride Awards. Created Approved Appraiser List and Maintained Same. Created Required Criteria for Hotel Appraisals and Feasibility Studies. Heavy Training Responsibilities. Back Up to Credit Manager. In House Expert for Hotel Franchise Finance, Construction Lending, Appraisals, Financial Analysis, Computer Applications and Software, Environmental Issues and Complex Credits.
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Assistant Vice PresidentWestern Farm Credit Bank Mar 1987 - Mar 1994Senior Problem Loan Account Officer working on the largest and most complex credits from multi-million to $120 million accounts. Aggressively Reduced Problem Loans through liquidation, restructuring and workout. Personal Results had a heavy impact on Bank avoiding shut down from a Cease and Desist Order. Worked Largest Accounts for the Bank with extreme success. Developed Loan Pricing Matrix. Primary Account Officer to Train Fellow Account Officers. Developed Strong Expertise in Bankruptcy, Foreclosure, Lender Liability, Environmental Issues, Title Issues, Water Rights, Agricultural Lending, Loan Pricing, Media Relations, High Profile Government Relationships, Financial Analysis, Due Diligence, Legal Audits, Real Estate Lending, Property Sales, Board of Directors Presentations, Negotiation Skills, Interpersonal Skills.
Larry Dalton Skills
Larry Dalton Education Details
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California State University-SacramentoBusiness Finance
Frequently Asked Questions about Larry Dalton
What company does Larry Dalton work for?
Larry Dalton works for Salt & Light Hospitality Consulting
What is Larry Dalton's role at the current company?
Larry Dalton's current role is Owner.
What is Larry Dalton's email address?
Larry Dalton's email address is ld****@****cox.net
What is Larry Dalton's direct phone number?
Larry Dalton's direct phone number is +162329*****
What schools did Larry Dalton attend?
Larry Dalton attended California State University-Sacramento.
What are some of Larry Dalton's interests?
Larry Dalton has interest in Children, Human Rights, Gardening, Politics, Health, Education, Basketball, Biking, Hiking, Swimming.
What skills is Larry Dalton known for?
Larry Dalton has skills like Real Estate Development, Due Diligence, Management, Real Estate, Finance, Commercial Real Estate, Financial Analysis, Hotels, Budgets, Valuation, Hospitality, Contract Negotiation.
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