All Consultants / Ted Torres
Ted Torres
Development & Construction Management
Project 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
- All Commercial Real Estate Classifications
- Construction/PIP Cost Estimates & Budgeting
- Value Engineering
- Project Feasibility & Design Development Mgmt.
Expertise
Ted J. Torres, CHA, ISHC, is a Partner and Head of Hospitality at CREDE Development and Construction Advisors. His responsibilities and specialty with CREDE are Development and Construction Advisory for a variety of clients and joint venture partners. Ted assists his clients in creating value through developing visions into concrete plans and full concept development for their current asset portfolios. A lifelong hotelier, Ted has built, owned, operated, renovated, repositioned and consulted on numerous hospitality projects in his 35+ years of professional experience. Ted has been responsible for the development, renovation and consultancy of over 10,000 hotel rooms both Domestically and Internationally for all major hotel franchise companies. At CREDE he is responsible for the strategic acquisition and development of new hotel and multifamily development advisory opportunities, as well as PIP and hotel renovations in the United States, Mexico and the Caribbean. Ted's primary skills include Development Advisory Services, Entitlement Consulting, Construction, and Expert Project Management. CREDE and its team of 170 execution professionals work in all major commercial real estate classes in 37 states, Mexico and the Caribbean. Multi-Family, Industrial, Mixed-Use, Office, Retail, Hospitality, Healthcare, Senior Assisted Living and Education. Combined, CREDE has successfully developed over 3,000 projects on six continents.
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. At CREDE he has acquired and built strong relationships with Outrigger, Sonesta, CFT, Sunstone, Clearsky, Starpoint, Coast, Hyatt, Hilton, Marriott and multiple family offices.
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
