Mid-Atlantic Hospitality Summit

Amir Setayesh is the Managing Director of Quadrum Global. Since 2013, Amir has been responsible for all of Quadrum Global’s development projects in sectors such as hospitality, residential and senior living. Amir is responsible for the management of Quadrum’s US personnel and offices and also provides senior leadership oversight for Quadrum’s Arlo Hotel portfolio. Amir is a development professional with a degree in Construction Management and over 22 years of experience, including effective supervision and management of over a billion dollars in development with Quadrum. He began his career working on high profile development projects in Sydney, Australia from the years 2000-2004. Thereafter, from 2004-2013 and prior to joining Quadrum, Amir worked with an international consulting firm managing and representing owners in development within the hospitality sector throughout the United States' East Coast.

He focuses on the company’s investment and capital deployment strategies and oversees a real estate portfolio with a market capitalization of approximately $6 billion. He joined Peachtree in 2015 and has contributed significantly to Peachtree's growth and investment performance. Throughout his 20-plus-year career, Brian has had experience investing and managing a broad range of asset and portfolio types. Brian is a graduate of the Cornell School of Hotel Administration, where he completed a dual concentration in Real Estate and Finance. In addition, he serves as a board member for the Atlanta Ronald McDonald House Charities and High Meadows School.

Mike Hollman is an SVP, Treasurer and Head of Strategic Finance at Hilton. In this role, Mike oversees the Capital Markets, Corporate Finance, Business Development/Innovation and Global Treasury teams. Mike is responsible for a wide variety of activities and initiatives, including public market offerings, capital allocation, cash management, business development, start-up/venture investments and M&A. Prior to becoming Treasurer and Head of Strategic Finance, Mike served as Vice President of Mergers & Acquisitions and Capital Markets. Mike also serves as the Senior Advisor for Hilton’s Black Team Resource Group (“BTMRG”). Before joining Hilton, Mike worked in investment banking, specializing in the real estate and lodging sectors. He most recently served as a Director of the Real Estate and Lodging Investment Banking Group at Citigroup, and previously held similar roles at UBS Investment Bank. Mike’s transaction experience as an investment banker represents over $20 billion of deal volume, including numerous assignments on mergers and acquisitions, public debt and equity and commercial mortgage-backed securities (CMBS) financings. Prior to banking, Mike was a management consultant at Kurt Salmon Associates (KSA), now a part of Accenture Strategy. At KSA, Mike was responsible for the development and execution of strategic initiatives and supply chain-related projects for consumer product and retail companies. Mike currently serves on the Board of Agree Realty Corporation (NYSE: “ADC”), a publicly traded Real Estate Investment Trust (REIT) and on the Board of a startup technology company in the hospitality space. Mike is also a Board and Executive Committee member of DC Central Kitchen, a local non-profit and social enterprise that combats hunger and poverty through job creation and training. Mike received his B.S. in Industrial Engineering from the Georgia Institute of Technology with honors and his M.B.A. from The Columbia Business School.

Kimberly Wachen is a Partner with the law firm of Arent Fox Schiff and co-chair of AFS’s hospitality group. Kimberly finds creative solutions to complex problems to benefit her clients and close transactions efficiently. She is recognized as one of the top real estate lawyers in the country by Chambers USA, Legal 500, Super Lawyers, American Lawyer, Washingtonian Magazine and other leading industry publications. She represents hotel owners on the development, purchase, sale, management, franchising and financing of hotels and mixed-use projects located throughout the United States. She is particularly skilled in negotiating joint venture agreements and financing arrangements, including acquisition, construction and mezzanine loans, and take-out financing, for large real estate projects. As a result of representing franchisors, hotel owners and hotel operators, Kimberly is better able to anticipate issues and suggest practical resolutions of solutions when negotiating hotel transactional documents.

Chirag Shah is the Executive Vice President for Federal and Political Affairs and Counsel at the American Hotel and Lodging Association. In his role, Chirag leads AHLA’s advocacy efforts on Capitol Hill and with federal agencies. He also directs the association's national political strategy. He previously served as AHLA's Senior Vice President of Federal Affairs. Prior to joining AHLA, Chirag served as the Vice President for Government Affairs at AAHOA, the nation's largest hotel owners association. During his decade-long tenure working in the lodging industry, Chirag has focused on critical issues facing hoteliers including tax reform, workforce relations, relief from predatory litigation, championing human trafficking prevention, and advocating for economic stimulus in response to the COVID-19 crisis. Chirag previously served as a deputy director and legal advisor at the Republican National Committee, the campaign manager for former Wisconsin Attorney General J.B. Van Hollen, and in multiple roles for U.S. Congressman Joe Wilson (SC-02). Chirag earned his bachelor’s degree from the University of Wisconsin and his J.D. from the University of Missouri.

Mr. Amin started his career at Goldman, Sachs & Co., where he advised public and private technology companies on merger and acquisition transactions and capital markets activities. He currently has overall responsibility for 75 hotels owned and operated by Shamin Hotels, the largest hotel owner and operator in the Commonwealth of Virginia. Additionally, Mr. Amin oversees the operations of Shamin’s Assisted Living and Dementia facilities in Virginia. During his tenure at Shamin Hotels, the company has received numerous awards and recognitions including the Developer of the Year from Intercontinental Hotels Group and the Multi-Brand Developer of the Year, and New Build/Adaptive Reuse of the Year from Hilton Hotels. Mr. Amin has been repeatedly recognized as one of the Fifty Most Influential Virginians by Virginia Business and was awarded Hilton’s Lifetime Achievement Award in 2022. Mr. Amin graduated summa cum laude from The Wharton Business School at the University of Pennsylvania, completing his B.S. in Economics and MBA. He is passionate about assisting the communities where the associates of Shamin Hotels live and work and currently serves as the past chairman of the board of Richmond Region Tourism and serves on the boards of the Community Foundation, the Virginia Museum of History and Culture, the Virginia Community Development Corporation, Sports Backers, Venture Richmond, the Virginia Council on Economic Education, and the Virginia Cannabis Control Authority. Additionally, Mr. Amin serves on the Treasury Board of the Commonwealth of Virginia and the Governor’s Advisory Council on Revenue Estimates at the pleasure of the Governor of Virginia.

Evens Charles is the founder and managing principal of Frontier Development & Hospitality Group LLC. A native of Washington, D.C, Mr. Charles attended Temple University in Philadelphia, Pennsylvania where he was a Big East Conference Division-I football athlete. During his five-year athletic tenure at Temple University, he earned a B.A. in Psychology and a Master of Education. Shortly thereafter, at the age of 25, Mr. Charles was inspired by his landlord to execute his first small transaction that required an out-of-pocket investment of $1,000 resulting in a $25K profit six months later. Mr. Charles organically grew over a ten-year period by executing several successful residential and multi-family acquisition and development projects, then by the age of 36, made his first hotel investment. He has since grown Frontier to over a $200 million capitalized portfolio of Hilton and Marriot Internationally branded hotel assets across six states, with another $560 million of urban infill, commercial real estate development in its pipeline. Some of his recent accomplishments includes being recognized as the lead developer of DMPED’s 2021 award of the Hill East Bundle II Project, which is 1.2 million square feet of waterfront, mixed-use development in Washington DC; The 2021 Business of the Year by Prince Georges County Bi-County Business; 2019 Black Enterprise largest 100 Black Owned Businesses in the nation and the 2019 Outstanding Entrepreneur Award by the Caribbean American Heritage. He has been featured in various publications including Hotel Business, Lodging Magazine, Black Enterprise & Business Journals across multiple cities. He has an endowed scholarship in his name at Temple University targeting underserved students, supports many philanthropic causes and serves as a mentor to many. He is also a member of Temple University’s School of Hospitality & Tourism Board of Visitors, member of the Real Estate Executive Council (REEC), as well as industry organizations such as the National Alliance of African American Hotel Owners and the Asian American Hotel Owners Association.

As a valued team member of clients in the real estate and hospitality industries, Rori is able to leverage her understanding of their business concerns and objectives with her deep experience and current market knowledge to navigate her clients from term sheet to closing of complex commercial transactions. Recently, Rori has been speaking to clients and the real estate community on the uptick in preferred equity transactions, sharing the depth of her experience with both joint ventures and financings and offering guidance on these transactions. She represents local and national developers, REITs, institutional equity investors, institutional and non-institutional lenders, and hotel owners and operators with their commercial real estate development and finance transactions. These transactions involve a variety of asset types, including mixed-use development, office, retail, hotel, condominium, multifamily and residential and commercial property. Working with clients across the United States, she assists both borrowers and lenders on financings, and hotel owners and operators on the negotiation of managements and license agreements. Additionally, she partners with clients on real estate acquisitions, dispositions, workouts, and equity and debt participations. Rori is a frequent speaker and panelist on the hospitality industry and preferred equity transactions. Relevant Experience Represented Hersha Hospitality Trust on its sale of seven Manhattan limited-service hotels to a joint venture between Hersha and Cindat Capital Management Ltd., in a transaction valued at $571.4 million. The transaction included senior and mezzanine financing in an aggregate amount of $335 million from Natixis Real Estate Capital LLC and Oaktree Capital Management, L.P. Represented leading private equity firm in the acquisition of 38 limited service and extended stay hotels, 4,950 rooms, for $590 million, and negotiation of mortgage and mezzanine financing from two major financial institutions and the securitization of the mortgage and a mezzanine tier. Represented a major insurance company with a preferred equity investment in the construction of a 391-key nationally branded hotel in Chicago, Illinois for total project cost of $113 million. Represented a major insurance company with a $150 million preferred equity investment in the acquisition and renovation of an office building in Chicago, Illinois. Represented a major insurance company with a preferred equity investment in the renovation of two well-known Walt Disney World hotels in Orlando, Florida. Represented a national lending institution with a preferred equity investment in the acquisition and development of a mixed-use property in New York City for a total project cost of $87 million. Represented a joint venture in the acquisition of a 34-story, one million square foot skyscraper in Boston, Massachusetts for $561 million. Represented an institutional lender with the $159.5 million mortgage and mezzanine financing of a historic hotel in Washington, DC. The transaction included the sale of one of the floors as an air space parcel to a vacation club and the negotiation of the documents governing the relationship between the hotel and vacation club. Represented a major insurance company with the upsizing of a $177 million preferred equity interest in a hotel located in the heart of New York City’s Times Square. Advised Israel Discount Bank of New York with a $31.5 million mortgage loan to Berit Realty LLC, owner of SIXTY hotel 6 Columbus, located at 6 Columbus Circle (308 West 58th Street), New York City. Representation of an operator in the negotiation of a joint venture agreement for the acquisition and development of a to-be-constructed 128-room Mondrian hotel in the Old City of Istanbul, Turkey. Representation of an operator in the acquisition, lease and management negotiations with respect to food and beverage operations at Mandalay Bay, Las Vegas, Nevada, and related documentation and negotiation with respect to Delano, Las Vegas, Nevada. Representation of a developer in the negotiation of a purchase and sale agreement for the acquisition of a newly constructed 185-room Hyatt Place in New York City (Midtown). Representation of an owner in the negotiation of management and license agreements for a Crowne Plaza in Charlotte, North Carolina. Representation of a developer in the negotiation of management and license agreements for a Courtyard by Marriott in College Park, Maryland. Representation of a joint venture in the negotiation of a $350 million loan secured by the St. Regis in Laguna Beach, California. Representation of a joint venture in the negotiation of a $201 million loan secured by the Anaheim Hilton in Anaheim, California, and negotiated the joint venture agreement and related documents on behalf of the developer. Representation of equity in the refinance of a $250 million loan secured by the historic and award-winning Washington Marriott Wardman Park Hotel, in Washington, DC. Representation of a joint venture in the acquisition and $130 million financing of a 35-acre mixed-use development project (including hotel and branded residences as well as commercial, retail and residential) in Huntington Beach, California, known as Pacific City, and negotiated the joint venture agreement and related documents on behalf of the developer. Representation of equity in the acquisition of a 20-acre mixed-used development project (including retail, restaurant, hotel, entertainment, commercial, residential, education and civic space) in Miami, Florida, known as Miami Worldcenter, and negotiated the joint venture agreement and related documents on behalf of equity. Representation of a developer in the $46 million refinance of a GSA leased office building in Washington, DC. Representation of a developer in the restructure of a $200 million real estate portfolio of undeveloped land, hotels, mixed-use, office and development holdings in California and Texas. Representation of an equity investor in a $262 million purchase of two office buildings and a development parcel located in Washington, DC.