JEFFREY KOLESSAR
Chief Development Officer
Based out of Philadelphia, PA, Jeff is Chief Development Officer for GF Hotels and Resorts. He is responsible for hotel acquisitions and dispositions, consulting engagements, special asset assignments, asset management and new development for hospitality properties throughout the country. In addition to leading the company’s acquisition efforts, Jeff also negotiates franchise agreements, assists lenders in the sale of hotels and oversees third party management contracts.
Throughout his tenure with GF, Jeff’s roles have included property development and acquisitions, business development, operations, accounting, and consulting. He has been involved with various types of hospitality projects including resorts, conference centers, full and select service hotels, food and beverage establishments, and golf courses.
Jeff joined the company in 1990, in the capacity of a regional controller. His experience encompasses all facets from financing, to takeovers, pre-opening, turnaround opportunities for distressed properties, and contract negotiation. Jeff has built a reputable network within the industry and has extensive contacts within financial institutions, the legal community, various hospitality consultants, and hotel and real estate brokers.
Jeff's role as a receiver for hotel properties is a testament to his experience in protecting property value. As an independent third party, he has personally handled hundreds of receivership assignments and was individually appointed as the court-appointed receiver in 38 different states. His understanding of the importance of preserving, stabilizing, and increasing asset values for distressed property turnarounds is unparalleled.
“JUST KEEP SWIMMING.” ~ ELLEN DEGENERES
PREFERRED METHOD OF CONTACT | OFFICE PHONE: EMAIL: KOLESSARJ@GFHOTELS.COM