The Company starts out with two office locations in Fort Lauderdale, Florida, and Stamford, Connecticut. Frank is Chairman and CEO of the Company and will head the Fort Lauderdale office. He is joined in this venture by partner Jim Fitzgerald, a 25-year veteran of the real estate and hospitality industries, who will head the Stamford office and serve as Chief Investment Officer for the Company. Rounding out this venture are three other equity partners and a staff of six professionals with plans to grow to twenty by year-end.

"Our immediate focus", according to Frank Nardozza, "will be on making principal investments together with other private equity sources in "turn around" hotel and resort opportunities throughout the US, as well as providing consulting advisory services to owners and lenders of troubled real estate and hospitality assets and companies". "In addition, REH Capital Partners will provide a focused range of transaction and business consulting services to both public and private sector clients including workouts, due diligence, portfolio analysis, deal structuring, litigation support, economic analysis and operational performance improvement." "We are also in process of formalizing plans to launch a medium sized, $70 to $80 million, hotel and resort investment fund and we are proactively seeking assets for acquisition", said Jim Fitzgerald, Chief Investment Officer. "We would also entertain providing mezzanine funding in exchange for a controlling ownership interest in a troubled asset to allow an existing owner to stay in the deal", he added.
The Company recently submitted a $10 million bid to a Japanese bankruptcy trustee to purchase a troubled mixed-use resort and timeshare project in Orlando, Florida, and has taken on several other real estate and hospitality advisory assignments. 

Bios of Messrs. Nardozza and Fitzgerald 

Francis "Frank" J. Nardozza

Frank Nardozza is Chairman and CEO of REH Capital Partners, LLC, whose primary focus is investment, transactional services and consulting services within the real estate and hospitality industries. Mr. Nardozza most recently served as KPMG Consulting's National Real Estate and Hospitality Industry Practice Leader and was a partner in KPMG, LLP where he completed a long career spanning over two decades. He has over 25 years of diversified consulting and advisory experience in the areas of market and business strategy, financial management, and operations within the real estate and hospitality industries. He is recognized nationally and internationally for his work in the areas of enterprise-wide strategic planning, mergers and acquisitions, transactional services and business performance improvement.  Mr. Nardozza is the founding Chairperson of the "US Lodging Industry Investment Council", a member of the Executive Advisory Board of the Real Estate School of the College of Business - Florida State University, and serves on the Executive Advisory Committee of the New York University Hotel Investment Conference. He is past chairman of the "Market, Finance, and Investment Analysis Committee" of the American Hotel & Lodging Association and currently serves as Chairman of the Association's "E-Business Committee". Included amongst his current and past clients are many of the world's largest real estate and hospitality companies.

James E. Fitzgerald

Jim Fitzgerald is EVP and Chief Investment Officer for REH Capital Partners, LLC and most recently was Managing Director of Transaction Services for a "Big Five" accounting/advisory services firm in New York City. Mr.  Fitzgerald is a 25-year real estate and hospitality industry veteran having held previous senior management positions in acquisitions, finance and asset management with Marriott, Omni, AIG, and other leading real estate and financial services companies. He is a graduate of the School of Hotel Administration at Cornell University and successfully completed the Finance Training Program at Manufacturers Hanover (now JP Morgan Chase). Mr.  Fitzgerald's uniquely balanced experience with acquisitions, workouts, and asset management is appropriate for today's challenging economic environment.