LOS ANGELES, January 20, 2022--(BUSINESS WIRE)--The Gehr Group (www.gehr.com) announced the promotion of Ms. Molly Caccamo to the position of Executive Vice President and Chief Operating Officer at its subsidiary, Gehr Hospitality, focusing on acquisitions, financing, and lending activities for hospitality and multifamily assets.
"Molly joined our team at Gehr Hospitality in early 2017, and shortly thereafter she was appointed as Vice President Acquisitions," said David Lifschitz, President and CEO of The Gehr Group. "Over the past four years, Molly has become an invaluable member of the executive team at The Gehr Group, as she earned the respect and trust of our top management," he added. "In her new role, she will oversee all business activities for Gehr Hospitality as we continue to broaden our portfolio."
Prior to joining Gehr, Molly was a Director with Cushman & Wakefield’s Global Equity, Debt & Structured Finance team and, previously, a Director with Ackman Ziff’s Hospitality Group, where she completed approximately $1.5 billion in hotel transactions. Prior to that, Molly served as a Senior Associate with PricewaterhouseCoopers in their Hospitality and Leisure Practice, where she provided consulting services including market studies, feasibility analyses, acquisition due diligence, REIT lease structuring, and valuation of hospitality and commercial real estate investments. Molly holds a Bachelor of Science degree from the Cornell School of Hotel Administration, and an MBA from the UCLA Anderson School of Management.
About Gehr Hospitality:
Gehr Hospitality, a wholly-owned subsidiary of The Gehr Group, is a hospitality-focused investment firm based in Los Angeles, California. Gehr Hospitality and its affiliates own a wide range of hotel, nightlife, residential, and commercial real estate assets throughout the United States.
Over the last five decades, The Gehr Group has established a successful track record investing in and operating over $1 billion of hotels, multifamily, office, retail, and industrial real estate properties and creating substantial value through opportunity sourcing and hands-on asset management. The company is currently expanding its real estate portfolio through the acquisition and development of additional hospitality and multifamily real estate assets.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220119006174/en/