LOS ANGELES--(BUSINESS WIRE)--The Gehr Group (www.gehr.com) announced the promotion of Ms. Molly Caccamo to the executive team at its hotel-focused division, Gehr Hospitality, as Vice President of Acquisitions.
“Molly joined our team at Gehr Hospitality earlier this year, and she quickly impressed us with her skills and expertise,” said David Lifschitz, President and CEO of The Gehr Group.
“I am excited that Molly joined our team,” added Thuong Luong, Chief Investment Officer of Gehr Hospitality. “In her new role, she will oversee our acquisition efforts as we continue to broaden our portfolio of hospitality assets.”
Prior to joining Gehr, Molly was a Director with Cushman & Wakefield’s Global Equity, Debt & Structured Finance team and, previously, a Director with Ackman Ziff’s Hospitality Group where she completed approximately $1.5 billion in hotel transactions. Molly served as a Senior Associate with PricewaterhouseCoopers in their Hospitality and Leisure Practice where she provided consulting services including market studies, feasibility analyses, acquisition due diligence, REIT lease structuring, and valuation of hospitality and commercial real estate investments. Molly holds a Bachelor of Science degree from the Cornell School of Hotel Administration.
About Gehr Hospitality:
Gehr Hospitality, a wholly-owned subsidiary of The Gehr Group, is a hospitality-focused investment firm based in Los Angeles, California. Gehr Hospitality and its affiliates own a wide range of hotel, nightlife, residential, and commercial real estate assets throughout the United States.
Over the last five decades, The Gehr Group has established a successful track record investing in and operating over $1 billion of hotels, multifamily, office, retail, and industrial real estate properties and creating substantial value through opportunity sourcing and hands-on asset management. The company is currently expanding its real estate portfolio through the acquisition and development of additional hospitality and multifamily real estate assets.