2010-03-17 18:31:05 -
Brilla Group, a real estate private equity firm focused on acquiring exceptional luxury beachfront hotels and resorts in South Florida, the Caribbean and Mexico announced today the acquisition of Richard J.
Cotter & Associates LLC, a boutique hotel consulting group led by veteran hotel asset manager, Richard J. Cotter.
“This acquisition along with the addition of Richard to our executive team adds tremendous value to our company and existing hotel portfolio.
Over the past 18 months, we have aggressively taken advantage of market conditions to acquire more than 8 hotel projects, Richard will now lead the effort to maximizing the value of these acquisitions and expanding our methodical approach to luxury beachfront hotel and resort acquisition and asset management,” stated Brilla
Group’s Chairman and Chief Executive Officer, David Brillembourg.
Mr. Cotter’s professional experience includes serving as an Executive Vice President at Wynn Las Vegas, where he was responsible for launching 19 restaurants and 2,716 rooms and suites in one of the most successful openings of a casino resort in Las Vegas history. Prior to joining Wynn Las Vegas, Mr. Cotter was a Regional Vice President for Starwood Hotels and Resorts with responsibility for 37 hotels from Starwood’s six brands including St. Regis, Westin, W, & Sheraton Hotels. Mr. Cotter was responsible for the opening of New York’s two major hotels to open after 9/11, The W Hotel Times Square and the Westin Times Square. At Starwood, Mr. Cotter was also responsible for the opening of the St. Regis Monarch Beach, the St. Regis Los Angeles, and the conversion of St. Regis Hotels in Aspen, Houston and Washington DC. Prior to Starwood, he served as Vice President and Managing Director, North America for the New York Palace Hotel and the Bel Air Hotel. Mr. Cotter is a graduate of the School of Hotel Administration at Cornell University.
“Brilla Group has strategically acquired some of the most attractive properties anywhere, including the Art Deco masterpiece – The Raleigh Hotel in Miami Beach. I am very pleased to be joining the firm as they expand and manage their portfolio of exceptional beachfront resorts,” stated Richard Cotter.
About Brilla Group
Brilla Group is a real estate private equity firm focused on taking advantage of the current economic cycle to strategically acquire luxury beachfront hotels and resort assets in South Florida, the Caribbean and Mexico. Today, Brilla Group serves high-net-worth and institutional investors and over the last 18 months has acquired 8 hotel investments in Mexico, The Bahamas, French West Indies, and Miami Beach.
To learn more please visit www.brillagroup.com :
Brilla GroupMitch Ackles, 305-444-9868
pr@brillagroup.com : mailto:pr@brillagroup.com