Douglas S. Rohrer, CHIA
Rohrer provides a multi-disciplinary set of competencies and professional experience spanning hospitality operating companies, lodging + food & beverage feasibility analysis, commercial real estate investment & capitalization, distressed debt situations, and joint venture structures having served in the various roles as CFO/CIO & General Counsel for a global diversified hospitality operator, as a structured finance banker/debt trader at Citadel Securities, workout/restructuring & capital markets advisor at Aberdeen Realty Holdings Ltd. (ARH), commercial real estate banker at Credit Suisse and as a real estate finance attorney with global law firms Sidley Austin LLP and SquirePattonBoggs LLP. Throughout each role, Mr. Rohrer’s primary focus was serving clients in the hospitality sector.
The addition of Mr. Rohrer’s extensive capital markets experience in the hospitality sector was a natural complement to the existing suite of services ARHospitality Capital delivers to its national client base. Mr. Rohrer will continue his focus on arranging senior, subordinate and alternative structured finance solutions for hospitality assets while also assisting owner/operators, distressed debt investors and lenders/special servicers in evaluating hospitality real estate (or debt collateralized by hotel assets) and structuring capitalization solutions in connection with a property or note acquisition. Notably, Mr. Rohrer was featured in a February 2012 Wall Street Journal article discussing being appointed as Directing Holder and sole advisor to a foreign fund on its acquisition of a B-Note and subsequent FMV option exercise on a $150M A-Note out of a floating rate CMBS trust and successful resolution of the inter-creditor battle over the debt on a notable Las Vegas casino and resort property.
Mr. Rohrer is admitted to practice law in California and New York, obtained several FINRA Securities Industry Licenses including the 24, 7 and 63, and holds a New York State Real Estate License. Mr. Rohrer has also completed the post graduate program in Hotel Real Estate Investment & Asset Management at Cornell University's School of Hotel Administration and attained the CHIA designation from the American Hotel & Lodging Educational Institute in hospitality industry analytics.
Prior to combining his hotel and lodging focused practice with ARHospitality Capital, Mr. Rohrer was a Managing Director and Co-Head of the Commercial Real Estate Group at Citadel Securities joining Citadel in April, 2010 as part of its absorption of Institutional Credit Partners’ Structured Products Group. At Citadel, he was extensively involved in the firm’s entry into commercial real estate related business lines and led the build-out of Citadel’s lending programs. Additionally, Mr. Rohrer oversaw the firm’s commercial real estate finance activities inclusive of the origination, structuring and syndication of new issue commercial mortgages as well as underwriting, negotiating and trading of all distressed debt in the secondary market successfully executing on over $200M of subordinate debt trades across 6 separate positions in the first 12 months at Citadel.
Mr. Rohrer brought a team of real estate professionals to Citadel from ARH, a firm he formed in 2008 upon Credit Suisse exiting its commercial real estate finance business during the Credit Crisis. With significant support from clients who’s real estate assets he had financed as a banker, he quickly developed a robust distressed debt advisory business with a primary focus on hotel clients that felt the effects of the recession first and most severely. The ARH team combined with Institutional Credit Partners in November, 2009 to provide CRE expertise on distressed loan portfolios held by bank clients, support research and analysis on CMBS trades and lead the build out of a CRE trading desk for distressed subordinate loans.
Previously, Mr. Rohrer was a senior banker in Credit Suisse's Real Estate Finance and Securitization Group in New York. At Credit Suisse, he focused on the origination, structuring, asset management and securitization of both fixed rate senior loans for stabilized assets and arranging more complex structures for redevelopment and transitional properties. Mr. Rohrer led the origination and closing of over $1.2 billion and was integrally involved in over $3 billion in financing at all levels of the capital structure for projects and acquisitions across all asset classes with a specific focus on the lodging sector nationally.
Mr. Rohrer served as an attorney with Sidley Austin LLP’s New York Global Real Estate Group. His practice area focused on capital markets transactions with a special emphasis on structured real estate finance matters as well as commercial real estate transactions & leasing. Mr. Rohrer's clients included Credit Suisse, Citibank, Barclays, Nomura, Merrill Lynch as well as high yield debt funds and institutional equity investors. He was actively recruited from Sidley Austin by several senior managing directors at Credit Suisse to join their banking team.
Plan Do See America Inc - Omotenashi Hotels
Prior to April, 2015 when Mr. Rohrer joined Plan Do See America Inc. as its Chief Investment, Finance and Legal Officer, ARH had been engaged by global hospitality company Plan Do See Inc., headquartered in Tokyo, Japan in early 2014 to assist in the evaluation of hospitality investment opportunities in connection with its expansion efforts in the United States.
In Mr. Rohrer’s executive role his primary focus was twofold, (1) was the origination, underwriting, deal structuring and capitalization of opportunities to extend the company’s hospitality footprint in the U.S. and other priority markets through acquisition, joint venture and lease deals for hotels, restaurant and events venues, and (2) building the platform’s organizational architecture to support this expansion.
Mr. Rohrer oversaw the consolidation and optimization of the company’s insurance programs resulting in significant cost savings, was responsible for creating two captive workforce subsidiaries which employed its 450+ employees and consolidated the payroll and benefits administration from multiple individual outlet level LLCs, developed the company’s financial reporting and planning systems and practices, oversaw all legal affairs including specialized outside counsel, led expansion of the company’s corporate headquarters to its Los Angeles office, and was integral in the development of the company’s U.S. outlet level standard operating procedures and business processes.