Michael G Medzigian

Bio

Mr. Medzigian is Chairman and Managing Partner of Watermark Capital Partners, LLC, a real estate investment management firm, and is also President, Chief Executive Officer and a Director of Carey Watermark Investors Inc., a publicly-registered Real Estate Investment Trust. Previously he was President and Chief Executive Officer of Lazard Freres Real Estate Investors and a Managing Director of Lazard. While at Lazard, Mr. Medzigian chaired the Investment Committees for each of the Lazard Real Estate Funds. He was previously a Founding Partner of Olympus Real Estate Corporation, the real estate fund management affiliate of Hicks, Muse, Tate & Furst, which during his tenure, successfully invested over $3 billion in a broad range of real estate holdings. At Olympus he served on the Investment Committee and was involved with all aspects of multiple real estate funds that invested in equity and debt positions in a broad range of real estate property types and developments. Additionally he invested in and directly oversaw an extensive portfolio of lodging assets that included, among others, such properties as the Boca Raton Resort & Club, the Cheeca Lodge & Spa, the Inn at Laguna Beach, La Posada de Santa Fe Resort & Spa, the Ritz Carlton Rancho Mirage, the Algonquin, Equinox Resort & Spa, and the Fairmont Copley Plaza, as well as lodging operating companies that included RockResorts, Park Plaza International and Chalet Susse. Earlier in his career, Mr. Medzigian was President of Cohen Realty Services, a Chicago-based real estate investment services firm responsible for a $2 billion portfolio of assets and mortgages, he founded and was National Director of the Hospitality Consulting Practice at Deloitte & Touche, and he held various management positions with Marriott Corporation. Mr. Medzigian has served as Chairman and a Director of Atria, Inc., Chairman and a Director of Kapson Senior Quarters Corp., President, CEO and a Director of Park Plaza International, President, CEO and a Director of RockResorts, and as a Director of American Apartment Communities, the American Seniors Housing Association, Arnold Palmer Golf Management, the Assisted Living Federation of America, Dermody Properties, iStar Financial (NYSE: SFI, including serving on its audit and compensation committees), Kemayan Hotels and Leisure (Australian ASX), and the Rubenstein Company. He is or has been a member of the Pension Real Estate Association, the Radisson Hotels & Resorts Franchise Advisory Committee, the Urban Land Institute (Chairman, Hotel Development Council), and Young President's Organization (Executive Committee Member). He is active with his alma mater serving on the Cornell University Council, as a Founding Member of the Cornell Center for Real Estate Finance Industry Fellows, on Cornell University School of Hotel Administration, Bachelor of Science