All Consultants / Ted Torres
Ted Torres
Development & Construction Management
Development Advisory, Idea Creation and construction management/owner’s representative services throughout the entire lifecyle of an asset, from conception to disposition.
Key Consulting Services
- Construction & Project Management New Build & Reno
- Native American and Tribal engagement
- Construction/PIP Cost Estimates & Budgeting
- Value Engineering
- Project Feasibility & Design Development Mgmt.
Expertise
Ted J. Torres, CHA, ISHC, CHC, is a distinguished visionary leader in the hospitality and real estate development sectors, boasting an illustrious career spanning over 35 years. As Co-Founder and Partner of Redstone Bridge Sovereign, LLC (RBC), Ted brings a wealth of experience across diverse asset types, with a particular emphasis on the hospitality industry. His unparalleled ability to transform visionary concepts into successful developments has earned him a stellar reputation. Throughout his career, Ted has been instrumental in the development, renovation, and consultancy of over 10,000 hotel rooms worldwide, collaborating with esteemed household hotel franchise brands. In his role as a leader in strategic development advisory services, Ted adeptly guides clients and joint venture partners through the complexities of the real estate development and hospitality landscape. He spearheads strategic acquisitions and the development of innovative hotel, mixed-use, and multifamily projects. Ted's meticulous attention to detail ensures the successful oversight of property improvement plans and hotel renovations across the United States and Mexico. Renowned for cultivating and maintaining robust relationships with key executives at major hotel franchises and top-tier third-party hotel management companies, Ted's exceptional interpersonal skills and industry acumen are evident. His strategic vision is instrumental in guiding the acquisition and development of new projects.
Background
- Ted has spent most of his career as an independent hotelier, with a brief stint as an asset manager for a west coast based company. From his start at Wharf Enterprises as Vice President of Acquisitions, he utilized his acumen and expertise in finance, market analysis, asset assessment, and brand analysis to grow the company to over 2,500 hotel rooms under ownership and management. In developing that base over 14 years, Ted has been an asset manager with multiple hotel oversight, and then an independent consultant working with Hilton in the Caribbean and Europe for site development and in the same capacity working with Wyndham to open up Chile and Peru. In 2 years he acquired, entitled, and built 8 hotels under the Wyndham brands ultimately disposing of the assets in a partnership sale. Former co-founding partner at CREDE he acquired and built strong relationships with Outrigger, Sonesta, CFT, Sunstone, Clearsky, Starpoint, Coast, Hyatt, Hilton, Marriott and multiple family offices. At Redstone Bridge Sovereign, Ted is expanding and bridging the gaps between the private sector and Sovereign Tribal Nations for strategic planning, vision creation through to execution.
Testimonial
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I have had the pleasure of working with Ted Torres for many years and can attest to his vast experience and expertise in the hotel industry and various areas of commercial real estate, including mixed-use development. Ted’s engaging and articulate nature makes him a standout when conversing with political figures, lenders, architects, engineers, and landlord clients. His professionalism and dedication are unparalleled. I highly recommend Ted and his team at CREDE for any development assignment, particularly in the hospitality industry. Their commitment to excellence ensures outstanding results every time.
-Ben Arnold, Chief Executive Officer, Arnold Family Corporation
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I have known and worked with Ted Torres for over 7 years in a professional capacity. He has a vast knowledge of the hospitality industry and understands all the intricacies of bringing a project to life, from inception to completion, financing, branding, operations, and design to construction. Most importantly, Ted has the ability to communicate effectively with everyone on the project team and brings experienced solutions to every challenge. With the support of his company, CREDE, Ted has the resources to support any project type, size and complexity. I often reach out to Ted for support and advice and value our friendship and professional relationship.
-Michael Kollin, President/CEO, kollin | altomare | architects
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Among his many strengths and talents Ted Torres’ extensive network and ability to reconcile different parties stand out as a “1-2 punch” combination which effectively get projects done. He’s a professional team player and leader who can take the worry of construction execution off the minds of ownership, knowing its project is in good hands. Ted and CREDE are able to perform at a high level across geographies and asset types. Their impressive abilities lend confidence to a project team and its ability to reach completion on time and on budget. We are thankful for having Ted and CREDE on every construction project we do.
-Sandy Schmid | Director of Acquisitions & Development, StarPoint Properties
