Appointed Executive Vice President of Acquisitions
At Modus Hotels in Washington - DC, USA
Hotels, an owner/operator of a collection of independent and branded hotels and a division of Cafritz Interests, a diversified real estate company, today announced they have hired hotel real estate veteran Mark Morris as executive vice-president of acquisitions.
Morris’s career spans a wide range of real estate investment and development activities, predominantly in the hotel industry. Prior to joining Modus, he was executive vice president of Molinaro Koger, a hotel real estate brokerage firm. While there, he was involved in transactions totaling more than $3 billion, with a focus on business class and extended stay hotels, as well as unique independent hotels. Notable transactions include the sale of the Mayflower Inn & Spa, the Fairview Park Marriott, Embassy Suites City Center Philadelphia, Hyatt Hotel Charlotte, the Hotel George in Washington, D.C., and a number of portfolio sales on behalf of institutional clients. Prior to MK, Morris held senior positions at Suntrust Bank and Riggs Bank in Washington, DC.