Experienced hospitality asset manager helping real estate owners maximize the overall value of their investment from underwriting through business plan execution.
Key Consulting Services
Asset Management/Owner Representation
Brand/Manager Analysis and Management
ROI Analysis and Implementation
Derrick is a partner in Kahana Capital Partners, LLC. He provides a range of professional services in the hospitality sphere including asset management, operational consulting, capital planning, labor management, special servicing, concept development, underwriting and revenue management. With significant experience in North America, Asia and the Middle East, our team has a long history of demonstrated financial success for our clients, partners and former employers. We endeavor to understand our customers’ needs and tailor a product or program that will not only help them reach their goals but set them on a path to exceed them.
Kahana Capital Partners employs a strategy that believes every market presents an opportunity; that the right partnership at the right time can be a positive turning point leading to success.
Derrick is a seasoned hospitality investment and asset management specialist with more than 14 years of experience in Hotel Asset Management, Acquisitions and Development and Hotel Operations. Since finding his passion for real estate while at Cornell University, Derrick has dedicated his career to creatively and efficiently maximize asset value.
Having worked for several different ownership structures, Derrick has managed assets ranging from select-service hotels to luxury destinations resorts. Some key prior assignments included the Mandarin Oriental New York City, the Ritz Carlton San Francisco, Hawks Cay Resort, the Ritz Carlton Santa Barbara Bacara, Hilton Omaha, Sheraton Denver Downtown and the Hyatt Place Waikiki. Responsibilities included underwriting, rebranding, renovation management, operations optimization, insurance restoration and ROI implementation.
Professional & Other
Derrick first entered the hospitality industry as a meeting planner for the Hearth, Patio and Barbecue Association (HBPA). As a meeting planner, he was exposed to the intricacies of large scale meetings and events and how great hotels teams led to unforgettable events. That interest led him to Cornell University, where he was married his interest in hospitality with a love of real estate. He received both his Masters of Management in Hospitality (MMH) as well as his MBA, focusing in real estate finance and asset management.
After graduating from Cornell, Derrick honed his asset management skills with a variety of ownership groups, including The Chartres Lodging Group, Istithmar World/Dubai World, and Watermark Capital Partners (now Watermark Lodging Trust).
Derrick has received both his Certified Hotel Asset Manager (CHAM) and Certified Hotel Administrator (CHA) designations and currently is on the Board of Directors for the Hotel Asset Managers Association (HAMA).
Derrick's interests include travel, baking, home improvement and his dog, Pants. He also is conversationally fluent in Mandarin, Cantonese and French and is always looking for opportunities to work on his language skills .