David Perel

Mr. Perel comes to NewcrestImage from Civitas Capital Group, where David served as Managing Director and head of Lodging Investments. 

At NewcrestImage, Mr. Perel's primary responsibility is to raise and invest $250 million in equity with both institutional and non-institutional sources for investment within the lodging sector.

During the past 10 years, Mr. Perel has been involved in raising and investing more than $300 million of hotel development and acquisitions. He has also been a key advisor on several large, complex hotel development, acquisition, and sale transactions, and he has successfully managed and optimized value for both multi-asset portfolios and individual projects.

Prior to his lodging career, Mr. Perel spent 10 years in investment banking, closing more than 100 advisory and capital transactions with a cumulative value of more than $10 billion. His experience included serving as co-head of the Healthcare Investment Banking Group at ABN Amro US.

He earned his MBA at Northwestern University's Kellogg School of Management and his undergraduate degree in finance and accounting at the University of Pennsylvania's Wharton School. He was formerly a licensed CPA in the state of New York.