Recent News

Rick George discusses the recent increase in family vacation plans, but at the expense of ADR


Hotel Business speaks to Monty Levy about creation of Atlanta Hospitality Alliance
Mike Cahill moderates discussion on hotel sales' transactions
Mike Cahill speaks with Hotel Interactive about availability of financing for hotel transactions
Hotel News Now speaks to Mike Cahill about uptick in hotel transactions in first quarter 2010
HREC releases the Florida March 2010 Newsletter: A Change is Blowing in the Florida Wind
Hotel News Now speaks to Mike Cahill about the CMBS market
Mike Cahill and LIIC discuss with Hotel & Motel Management the stresses put on hotel transactions by the financial markets
Mark Lukens joins HREC as SVP and Establishes HREC Office in Seattle
Mike Cahill and members of the International Lodging Finance Council (ILFC) discuss the state of lending in the hotel industry
Paul Sexton joins HREC as VP and Establishes new office in Orlando
Mike Cahill offers advice on buying distressed hotels and what to expect in 2010
GlobeSt.com
discusses with Rick George where the opportunities are in the hotel sector and how he is valuing hotels today
Rick George comments on shared profit deals between hotel companies and lenders
Bill Murney comments on the James Hotel in Phoenix, AZ
Hotel News Now speaks to Mike Cahill about the global economies effecting the Dubai World
Mike Cahill projects hotel price stabilization dates
Bill Murney comments on the Wigwam sale price
At the Navigating Troubled Times in the Hotel Industry Conference, Geoff Davis and other panelists predict when we will see steady deal flow again
Geoff Davis speaks with Maria Wood on GlobeSt.TV about distressed hotel loans, acquisition prospects and what signs will point to a lodging recovery

 

Tom Sommer  

 tsommer@hrec.com

312-645-9010

Vice President
Chicago, IL


 

Employment

  • HREC Investment Advisors - January 2009 to Present – Vice President
  • Mumford Company - December 2005 to December 2008 – Vice President
    • Involved in the sale of over $40,000,000 in limited service and budget hotel transactions in 3 year period.
  • Choice Hotels International - January 2004 to November 2005 – Director of Franchise Sales and Development
    • Responsible for advising, educating and growing the Sleep Inn & Suites brand to Midwest developers.
  • Tomark Group, LLC – February 2000 to January 2004 – Managing Partner
    • Co-founded investment and management firm to acquire and operate two limited service hotels in Indianapolis; Formed real estate company specializing in developing single-family homes and condominiums.
  • U. S. Franchise Systems – January 1996 to January 2000 – Director of Franchise Sales and Development 
  • Joined the Franchise Sales force in the early stages of U. S. Franchise and helped grow the Microtel brand throughout the Midwest.
  • HFS, Inc. (Wyndham Hotels) – December 1990 to December 1995 – Director of Franchise Sales and Development 
    • Expanded the franchises of Days Inn, Ramada Inn, Howard Johnson and Super 8 in such states as California and Nevada; and later throughout most of the Midwest.
  • GATX Leasing – August 1987 to December 1990 – Senior Accountant
    • Responsible for the posting, reporting and analysis of financial statements reflecting the transactional activity of the firm’s extensive real estate holdings including golf courses, hotels and shopping malls.

Education

University of Missouri
Bachelor of Science, Business Administration

Professional License
Licensed Real Estate Broker in the State of Illinois