OC 500: Kory Kramer
Tuesday, May 29, 2018
Kory Kramer
CHIEF INVESTMENT OFFICER: PACIFIC HOSPITALITY GROUP
Dealmaker for hotel owner-operator… PHG leads buyer groups, runs facilities … 2017 sold Bacara Resort, Goleta, to two nontraded REITs … sources say $300M price, plus … paid $185M 2013, plus $27M upgrades … PHG high-end includes HB Pasea, Balboa Bay Resort … owns AC Hotels in Irvine, Tempe, New Orleans … PHG in planning on 50%+ expansion, flagship Meritage Resort & Spa, Napa