The Chartres Lodging Group, LLC, Joins the Center for Real Estate Finance Industry Fellows Program

Apr 16, 2010

The Center for Real Estate Finance (CREF) at the Cornell School of Hotel Administration welcomes the Chartres Lodging Group, LLC, as a new member of the Industry Fellows program. An advisory and investment firm focused on the property management, asset management, renovation, and development of lodging assets, Chartres Lodging is currently responsible for a $6 billion, 20,000-room portfolio of luxury and upscale hotels, conference centers, and resorts in the United States and Japan.

"Chartres Lodging brings a tremendous amount of real estate expertise to the Industry Fellows program. Our faculty, students, and other Industry Fellows will all benefit from this new partnership," said Jan deRoos, the HVS International Professor of Finance and Real Estate and executive director of CREF.

Rob Kline, the firm's co-founder and president, will represent the company at meetings of the CREF Industry Fellows. Kline, a graduate of the School of Hotel Administration, has more than 20 years of experience in the lodging industry and is also co-chairman of Kokua Hospitality, LLC, a property management company focused on hotels undergoing transitional repositioning. Prior to forming Chartres Lodging, Kline founded the Lodging Business for Lend Lease Real Estate Investments and was the founding head of acquisitions for Strategic Hotel Capital.

"New research and the exchange of information are critical components of growth and success in the lodging industry," said Kline. "Through the CREF Industry Fellows program, we'll work with faculty at the School of Hotel Administration to address the challenges and questions that face the industry today."

The Industry Fellows program is the cornerstone of CREF's outreach efforts. The program helps fund the annual Cornell Real Estate Case Competition, seminars on current industry topics, student travel to real estate investment conferences, as well as faculty research. The first meeting of the Industry Fellows was held in January during the Americas Lodging Investment Summit in San Diego.