RobertDouglas Celebrates the Fifth Anniversary
RobertDouglas, the privately-owned, hospitality-focused advisory firm specializing in raising debt and equity capital, today announces the fifth anniversary of the company's founding. In the five years since its launch, RobertDouglas has advised on a wide range of projects across North America and has raised billions of dollars of equity and debt capital for hotel owners and managers.
RobertDouglas was founded in January 2013 by industry veterans Robert Stiles, Douglas Hercher, and Stephen O'Connor. The firm specializes in arranging senior and subordinate financing, joint venture equity, and hospitality and leisure property sales. "We had a vision for the kind of firm we wanted to create - it would be innovative, sophisticated, client-focused and collegial," said Robert Stiles, principal, and managing director. "Looking back, we are proud of the culture we have created, the incredible team we have built, and the contributions we have made to the businesses of our clients."
The firm's founders and key executives hail from the industry's leading ownership, banking, and advisory firms, allowing RD to offer its clients a unique blend of capital markets experience along with an intimate understanding of hotel underwriting, acquisition, and asset management. "Our business is remarkably multi-dimensional because our clients operate multi-dimensional organizations with ambitious capital needs," remarked Douglas Hercher, principal, and managing director.
RobertDouglas is not a firm where the partners originate business and associates execute. "We are committed to the philosophy that our senior leadership team will be involved in every transaction from start to finish," noted Stephen O'Connor, principal and managing director based in Los Angeles. "This allows us to take on more complicated assignments and is also a critical element of the promise that we make to each of our clients."
The firm is also led by Evan Hurd and Chris Ropko, located in New York and San Francisco, respectively, who have been with the firm for nearly five years. "We are selective about which assignments we accept, but once we engage on a project we will commit whatever resources are necessary to achieve a great outcome," remarked Chris Ropko, managing director.
Douglas Hercher concluded, "It is important that we continue to challenge ourselves and grow to meet the needs of our clients." As a result, while RobertDouglas continues to be focused on growing market share in its traditional banking business lines, it is also planning to launch a number of initiatives in 2018 that will significantly expand its merchant banking, venture capital, and M&A advisory capabilities.