Elie Khoury Joins Preston Hollow Community Capital as MD

Preston Hollow Community Capital Announces Leadership Addition

Preston Hollow Community Capital, a prominent figure in impact financing for community projects, has proudly welcomed Elie Khoury as Managing Director of Hotel Assets. This strategic appointment further emphasizes PHCC’s commitment to enhancing community-focused initiatives.

Elie Khoury's Background and Experience

With an impressive career spanning over 34 years in the hotel industry, Khoury has honed his skills in managing hotel assets with profound expertise. His experience encompasses a wide range of operational aspects, including rooms, food and beverage services, engineering, and development of brand partnerships. Understanding the intricacies of hotel operations, he has positioned himself as a knowledgeable leader in the industry.

Significance of Hotel Facilities in Urban Development

“Hotels that complement public facilities such as convention centers are vital for economic growth, job creation, and urban revitalization,” emphasized Jim Thompson, PHCC’s Chairman and CEO. This insight underscores the importance of Khoury's role, as his expertise in hotel management will contribute significantly to projects that enhance community services and support urban renewal.

Khoury's Career Journey

Beginning his career in the food and beverage sector, Khoury swiftly transitioned into the hotel industry by joining Interstate Hotels & Resorts in 1986. His tenure there showcased his ability to adapt and thrive in various leadership roles, building a strong foundation for his future endeavors.

He ascended to the position of Executive Vice President of Operations at Aimbridge Hospitality, effectively overseeing operations and enhancing team training and career development initiatives. Recently, he led impactful projects as Managing Director at Murphy Asset Management, further shaping his robust industry acumen.

Current Industry Leadership Roles

Beyond his professional achievements, Khoury is known for his commitment to industry growth. He contributes actively as the 1st Vice President for the Texas Hotel & Lodging Association, the largest state hotel association in the United States. Furthermore, he serves on the hospitality board at California State University, East Bay, reflecting his dedication to fostering future talent in the industry.

About Preston Hollow Community Capital

Founded with a mission to provide tailored impact financing solutions, Preston Hollow Community Capital emerges as a leader in facilitating projects that have notable social and economic implications for communities across the U.S. Their adept management and ownership of a diverse array of municipal finance transactions illustrate their significant role in the sector.

Since its inception, Preston Hollow has successfully invested over $5.2 billion in various sectors, spanning real estate, educational projects, healthcare, and infrastructure. This diverse portfolio highlights their multifaceted approach to financing community-centric initiatives.

Financial Position and Growth

PHCC is proud of the $1.6 billion raised in committed equity capital from leading sponsors and investors, reflecting confidence in its strategic vision and approach. Moreover, the organization has achieved commendable ratings from the Kroll Bond Rating Agency, reinforcing its stability and commitment to excellence.

Frequently Asked Questions

What role will Elie Khoury play in Preston Hollow Community Capital?

Elie Khoury will serve as the Managing Director of Hotel Assets, focusing on managing and evaluating hotel-related financing opportunities.

What is the significance of hotel facilities in community projects?

Hotels complement community facilities, driving economic growth, creating job opportunities, and revitalizing urban areas.

What experience does Khoury bring to his new role?

Khoury has over 34 years of operational experience in the hotel industry, managing various aspects of hotel asset management.

What contributions has Preston Hollow made to the community?

Preston Hollow has invested over $5.2 billion in projects that significantly impact social and economic welfare in local communities.

What are PHCC’s financial achievements?

Preston Hollow has raised $1.6 billion in equity capital and received positive ratings from Kroll Bond Rating Agency, showcasing its financial stability.

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