Five Star Group affiliates, Five Star Hospitality Management and Dream Capital, recently named Justin Patel senior associate, investments and asset management and Kimberly Rowell to executive vice president. Patel was previously a senior asset management analyst at Peachtree Group while Rowell joined in February 2023.
Dalton, Georgia-based Five Star Group, founded by Naren Patel in 1990, announced the changes.
At Peachtree Group, Patel managed more than 20 hotels nationwide and assisting in 12 dispositions. Prior to Peachtree, he was asset manager at 33 Degrees, a commercial real estate firm.
“Justin takes an insightful approach to project management, making him an invaluable member of the Dream Capital team as we continue to provide our investors with the opportunity to invest in both credit and equity investments in various asset classes in commercial real estate,” said Ankit Govan, Dream Capital’s managing principal and co-founder. “We remain committed to pursuing acquisition and development opportunities with well-branded hotels such as Hilton and Marriott in markets with high barriers to entry. With a wealth of asset management and investment experience, Justin is the ideal candidate to help us along the path.”
Rowell has worked with organizations including Blackstone, Winegardner & Hammons, ZMC Hotels, and HP Hotels, Five Star Group said. She has managed a portfolio of Hilton, Marriott, IHG, Wyndham and Choice Hotels. Her expertise includes operations, finance, accounting, revenue management, HR, sales, marketing, quality control, and franchise and owner relations.
“Joining Five Star Hospitality has been the perfect capstone to my career,” Rowell said. “Collaborating with our dedicated team and founding members, I am honored to contribute to our shared vision of excellence, growth, and integrity as we steer towards new heights.”
Rowell is a founding board member of the Extended Stay Lodging Association and an advocate for Women Leading Hospitality, the statement said.
Dream Capital, founded by brothers Ankit and Anish Govan, is a full-service commercial real estate investment firm affiliated with Five Star Group, sponsoring and co-investing in projects across multiple states and segments.
DEI Advisors, led by former Best Western Hotels & Resorts CEO David Kong, recently launched It’s Personal Stories, A Hospitality Podcast, featuring more than 200 interviews with leaders, executives, and experts discussing career development, leadership, and well-being.
