Mission Hill Hospitality Promotes Mike Wilbert to Senior Managing Director and Head of Acquisitions
Mission Hill Hospitality, a leading select service and extended stay hotel investor, announced that Mike Wilbert has been promoted to senior managing director and head of acquisitions.
Mike joined Mission Hill Hospitality as managing director when the firm was launched in March 2021. Today, Mission Hill has built a high-quality portfolio of 33 premium select service and extended stay hotels across 16 states, particularly in markets driven by year-round education, medical, corporate and leisure demand. Recent additions to the Mission Hill portfolio include the Residence Inn in Breckenridge and the AC by Marriott and Courtyard in Clearwater Beach, FL.
“Mike’s promotion to Senior Director is a testament to his pivotal role in Mission Hill Hospitality’s continued success and growth,” said Greg Kennealey, CEO, Mission Hill Hospitality. “In our organization, we emphasize the importance of strong character, talent, and expertise in our team members. Mike’s commitment to our values exemplifies his preparedness for this leadership role, and we look forward to continue building Mission Hill through acquisitions.”
For the past 16 years, Mike has focused solely on acquisitions, corporate finance, and portfolio management in the hotel industry. Before joining Mission Hill, he served as senior vice president with Tishman Hotels, based in New York and Orlando. Before Tishman, Mike served as vice president of acquisitions & dispositions for Apple Hospitality REIT. Mike started his career in corporate finance at HEI Hotels & Resorts.
Mike holds a B.S. from Cornell University’s School of Hotel Administration and an M.B.A from The Kellogg School of Management at Northwestern University.
Associated Builders and Contractors Rocky Mountain Announces New President and CEO
The Board of Directors of the Associated Builders and Contractors Rocky Mountain announced the appointment of its new President and CEO, Jack Tate, following a national search. Tate will provide strategic and operational leadership for the Chapter, serving more than 100 merit shop chapter members in Colorado and Wyoming.
Tate comes to the ABC Rocky Mountain with experience in public policy, business development, and strategic design. He has led both non-profit and for-profit organizations and served the people of Colorado both as a state senator and state representative.
“Jack’s background and proven success in business development, workforce development, coalition building, and public and legislative affairs, are exactly what ABC Rocky Mountain needs,” said 2024 ABC Rocky Mountain Board Chair Morgan Lysohir. “We are thrilled that he is bringing this leadership and experience to our organization and to help us advance and serve our members.”
“My strengths align with those most essential to invigorating the membership of ABC, enhancing value to its members, and leading stakeholders through an economic environment of increasing friction,” said Jack Tate. “I believe my unique background of developing relationships, influencing and driving decision making and creating public policy will come together to continue the success of this important organization.”
Tate’s most recent experience includes leading the non-profit organization Imagination Library of Colorado, which focuses on increasing literacy and kindergarten readiness throughout the state of Colorado by ensuring all young children across the state may participate in the flagship program of Dolly Parton’s Dollywood Foundation. Before his non-profit experience, Tate served as Colorado state senator for six years, personally carrying more than 105 pieces of successful bipartisan legislation, all signed into law. Legislation covered issues of workforce development, professional occupations, economic development, and business regulations, to name a few. In addition, he served in the Colorado House of Representatives role for a year, where he began his track record of solving financial problems, creating economic and workforce development pathways, and was a champion of skilled workers.
Finally, having a 25-year business career in the commercial and industrial buildings market (both as a construction contractor and supplier as well as an existing building services provider) Tate appreciates how construction industry objectives interact with public policy, whether from the perspective of having a skilled workforce to that of maintaining a business-friendly environment.
Born and raised in Nashville, Tenn, Tate holds a B.S. Degree in Engineering from Duke University, as well as a MS in Finance and a MBA in Marketing from The University of Colorado. Tate will begin leading the organization at the end of January 2024, succeeding Interim CEO Randy Sewald and Executive Vice President Dennis Walker, who have led the organization since July 2023.
Elaine Bailey Appointed Chair of Special Olympics Colorado Young Professionals Board
Elaine Bailey, an associate in Brownstein Hyatt Farber Schreck’s real estate department, has been appointed chair of the Special Olympics Colorado Young Professionals Board (YPB). Bailey has been involved with the organization for years, serving as a law clerk in 2016 and a member of its board since 2019, where she has held a variety of roles on the executive team including events chair, secretary/treasurer and vice chair.
In her new position, Bailey will guide the board’s direction in 2024 and serve as resource for all executive team members and general board members. Additionally, she will work directly with Special Olympics Colorado representatives to ensure that the YPB meets the organization’s goals.
“I want to help individuals with intellectual disabilities enjoy the same sports that I enjoy participating in,” she said.
The Special Olympics Colorado YPB helps promote the organization’s mission to provide year-round sports training and athletic competition in a variety of Olympic-type sports for children and adults with intellectual disabilities, giving them continuing opportunities to develop physical fitness, demonstrate courage, experience joy and participate in a sharing of gifts, skills and friendships with their families, other Special Olympics athletes and the community.
Essex Financial Group Appoints Paul Donahue as Principal
Paul Donahue is now a principal at Essex Financial Group where he specializes in debt and equity placement, along with assisting in the day-to-day management and strategic planning of the firm.
Paul joined Essex in 2019 and recently served as senior vice president. He has successfully capitalized a wide variety of properties including conventional permanent financings, construction financings, mezzanine financings and bridge financings. Before joining Essex, Paul worked at Newmark on the institutional office investment sales team, and before that, at HFF on the institutional office investment sales team. Throughout his career, Paul has been involved in more than $5 billion of investment sales, debt, and equity transactions.
Paul earned a Bachelor of Science degree in Finance and a certificate in real estate from Arizona State University and is a licensed broker in the state of Colorado.
“Paul’s knowledge and understanding of loan programs and debt structures is second to none. He has comprehensive experience in the capital markets and is a trusted partner to his clients. I’m thrilled to have him as a partner in our firm.” – Cooper Williams, president.
Brady McQuinn Promoted to Vice President at Vertix Builders
Vertix Builders, a culture-focused construction company, is proud to announce that Brady McQuinn has been promoted to vice president. McQuinn has extensive experience overseeing healthcare construction projects, a key industry being served by the company.
“Vertix is a tremendous company to be part of and I’m honored to be promoted to the position of vice president,” said Brady. “As is the case with everyone working at Vertix, I take ownership of each unique project through communication, scheduling, and owner coordination and ensure all client goals are met by creating and maintaining a cohesive team that exceeds expectations.”
In addition to larger, ground-up projects Brady has managed at Vertix Builders (Parker Adventist Medical Office Building and Dry Creek Medical Office Building among them) Brady has excelled in developing the highly sensitive campus medical work throughout the front range and beyond, completing over $75 Million of hospital and equipment centered projects for many of the hospital systems in the state.
Brady has more than 13 years of experience in the construction industry with multiple certifications and qualifications, including the Certified Healthcare Constructor (CHC). He is a graduate of Colorado State University with a B.S. in Construction Management.
