Vishnu Rageev R is a journalist with more than 15 years of experience in business journalism. Before joining Asian Media Group in 2022, he worked with BW Businessworld, IMAGES Group, exchange4media Group, DC Books, and Dhanam Publications in India. His coverage includes industry analysis, market trends and corporate developments, focusing on retail, real estate and hospitality. As a senior journalist with Asian Hospitality, he covers the U.S. hospitality industry. He is from Kerala, a state in South India.
Noble Investment Group named Marc Dober senior director of asset management.
He will lead asset performance across the portfolio.
Separately, Chris Ascari was recently named director of finance.
Marc Dober is Noble Investment Group’s senior director of asset management. He will lead asset performance across the portfolio, working with operating teams to drive revenue growth, operational efficiency and long-term value.
He has three decades of experience in hospitality revenue management and portfolio strategy, most recently serving as an operating executive at Cerberus Capital Management, where he oversaw a national hotel portfolio, Noble said in a statement.
“Marc offers deep operational insight and a data-driven approach that align with Noble’s strategy for driving asset value,” said Steven Nicholas, Noble’s managing principal and head of asset management. “His leadership will enhance our ability to deliver long-term value across our platform.”
Earlier, he held leadership roles at Lightstone, RLJ Lodging Trust and Goldman Sachs’ CPG platform.
Stonebridge Cos. named Rich Cortese special advisor to the Caribbean.
The move reflects the firm’s focus on the Caribbean and Latin America.
It recently opened a Miami office.
Rich Cortese is now special advisor to the Caribbean region for Stonebridge Cos. He brings more than 30 years of experience in Caribbean development, operations, and asset management to support the firm’s expansion in the region.
Cortese, who has overseen several Caribbean resort properties, previously served as executive vice president at Caribbean Property Group, managing a $750 million portfolio that included the Ritz-Carlton San Juan, Marriott Aruba, Radisson San Juan, the Normandie Hotel and a portfolio of Courtyard by Marriott properties, Stonebridge said in a statement.
Denver-based Stonebridge, founded by Chairman Navin Dimond, is led by President and CEO Rob Smith.
“Rich is an unmatched resource in the Caribbean hotel space, and we’re fortunate to have him advising our team as we continue building out our footprint in the region,” said Smith. “With my two decades of experience in the Caribbean and Marco Selva leading our luxury and resort platform, Rich’s insight and relationships will strengthen our offering to owners seeking operational excellence and regional expertise.”
Cortese’s appointment reflects Stonebridge’s focus on the Caribbean and Latin American region, the statement said. It recently opened a Miami office led by Marco Selva, senior vice president of business development and operations for luxury and lifestyle.
Selva said he looks forward to collaborating with Cortese as Stonebridge expands in the Caribbean.
“His experience and relationships in the region align with our strategy,” he said. “Together, we’ll offer owners a comprehensive approach that combines strategic insight, operations, and regional knowledge.”
Earlier in his career, Cortese led operations at the El San Juan, El Conquistador, and Conrad Plaza in Puerto Rico, and at Wyndham properties across the Caribbean.
“I’ve worked with many hotel management companies, and Stonebridge stands out for its entrepreneurial culture, hands-on leadership, and tailored approach to each property and owner,” Cortese said. “The Caribbean is a dynamic market, and I look forward to working with Rob, Marco, and the team as they bring Stonebridge’s capabilities to a broader group of owners and investors in the region.”
In June, Stonebridge named Adam Snow executive vice president and chief strategy officer to lead property strategy and performance.
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Chris Ascari is Noble Investment Group’s new director of finance.
He most recently served as a senior leader at EY-Parthenon.
In June, Noble added Tim Bowes and Mark Klawitter to its asset management team.
Chris Ascari is the new director of finance at Noble Investment Group. He will lead corporate finance initiatives that support the performance and growth of the company’s investment platforms as it expands its institutional investment strategies.
“Chris brings strong technical expertise and a thoughtful, solutions-oriented mindset that will help advance our growing platform,” said George Dabney, Noble's CFO. “His experience and collaborative approach will complement the strategic execution of our investment strategies.”
Ascari brings nearly 15 years of real estate finance experience, most recently as a senior leader in EY-Parthenon’s Transaction Real Estate group. He has led valuations, due diligence and advisory engagements totaling over $50 billion in transaction volume across asset classes and investor types.
Peachtree promoted Jared Schlosser to head of originations for CRE and hotel lending.
He will work with Daniel Siegel, president and principal for CRE.
It originated $1.6 billion in CRE and hotel loans in 2024 and is on pace to exceed $2 billion in 2025.
Jared Schlosser is now head of originations for all commercial real estate and hotel lending at Peachtree Group. He will also continue to lead the firm’s Commercial Property Assessed Clean Energy lending program.
Schlosser will work alongside Daniel Siegel, Peachtree’s president and principal for CRE, who joined in 2022 and has since originated nearly $1.5 billion in commercial real estate loans.
“Jared’s promotion reflects the momentum across our credit platform,” said Siegel. “His leadership in CPACE and broader origination experience make him the ideal choice to lead this next phase of growth.”
Peachtree originated $1.6 billion in hotel and commercial real estate loans in 2024, ranking seventh among investor-driven U.S. lenders, according to the Mortgage Bankers Association. It is on track to surpass $2 billion in 2025.
Atlanta-based Peachtree is led by Greg Friedman, managing principal and CEO; Jatin Desai, managing principal and CFO and Mitul Patel, principal.
Friedman said that as Peachtree expands its private credit platform, it is strengthening the team and centralizing origination to better serve sponsors across the capital stack.
“Jared has consistently demonstrated strong leadership and this expanded role positions him to help us scale our platform and deepen our impact across commercial real estate," he said.
“It’s been rewarding to help build our lending platform during a pivotal time for the industry,” Schlosser said. “I’m honored to take on this role and look forward to working with our team as we expand our reach, deliver capital solutions and build on our momentum across asset classes.”
Peachtree recently topped out its 10-story, 117-room Residence Inn by Marriott in downtown San Antonio. In May, it opened its first office outside Atlanta, in Austin, to support its growth strategy focused on Texas’ economy and commercial real estate market.
Snow will focus on corporate growth and property-level strategy.
He held strategic roles at companies such as Aimbridge Hospitality.
He said Stonebridge’s culture and focus on value creation drew him in.
Adam Snow is now executive vice president and chief strategy officer at Stonebridge Cos. In this role, he will lead strategic development, including brand alignment, corporate growth and property-level strategy.
Previously, Snow led strategic initiatives at Aimbridge Hospitality. He held similar positions at Dine Brands, The Walt Disney Company and Dell.
Denver-based Stonebridge is a privately held hotel management company founded by Chairman Navin Dimond and led by President and CEO Rob Smith.
“Adam is a bit of a unicorn; his rare blend of strategic leadership and hands-on analytics, combined with his hospitality and commercial experience, makes him uniquely qualified for this role,” said Smith. “In our industry, strategic roles have historically been confined at the board level or corporate office. At Stonebridge, we see an opportunity to change that by bringing that level of thinking directly into our properties, a move we believe is innovative and will be transformational. By fostering a strategic culture at the property level, we expect to elevate asset performance and drive the next chapter of value creation for our owners.”
Snow said Stonebridge’s entrepreneurial culture and focus on value creation drew him to the company.
“My goal is to embed strategy at the property level by integrating data, market insights and capital planning to improve performance and deliver strong results for our owners,” he said.
Who are the new leaders at Noble Investment Group in 2025?
Tim Bowes and Mark Klawitter joined Noble Investment Group’s asset management team as the firm grows its institutional investment strategies. Bowes will help lead asset performance across Noble’s select-service hotel portfolio, while Klawitter will help lead execution across the firm’s branded long-term accommodations platform.
“Tim and Mark bring deep industry expertise and a performance-oriented mindset that aligns with our institutional approach to asset management,” said Steven Nicholas, Noble's managing principal and head of asset management. “Their leadership will enhance our ability to drive operational excellence and long-term value across our platform.”
Bowes most recently served at Hospitality Investors Trust, a Brookfield company and previously held roles with Crescent Hotels & Resorts and Marriott International.
During his 25-year tenure at Extended Stay America, Klawitter supported the development of its operating model through data-driven execution and direct operational leadership.
Noble recently promoted John Bianco to vice president, design and development and Ridge Slater to senior associate, investments.