Intrinsic Hotel Capital
Mark J. Gordon has almost 30 years of experience in the real estate industry and is widely regarded as an expert in the hospitality industry. During his career, he has been involved in all aspects of the business including development, acquisitions, renovation, design, asset management, financing, sales and advisory.
Mark recently co-founded Intrinsic Hotel Capital, a hotel investment company that focuses on the acquisition of well-positioned but underperforming, value add hotels located in strategic markets throughout the US. At IHC, Mark and his team will leverage their collective hotel industry expertise to achieve above market returns by utilizing creative acquisition and repositioning strategies.
Prior to IHC, Mark was Managing Partner of Tribeca Associates where he developed several notable hotels in Manhattan; the first of which was the Baccarat Hotel & Residences, where he oversaw the planning, development and ultimate sellout of the hotel for the highest price per key ever achieved in the U.S. and the very successful sellout of the 59 luxury residences. In addition, he developed the 243-key Marriott Residence Inn World Trade Center, which was an adaptive reuse of an office tower, and recently completed the development of the Moxy Downtown, a landmark 30-story mixed use hotel and retail tower.
From 1994-2010, Mark was one of the leading advisors to the hotel industry. He was Managing Partner and Head of the Hospitality Group at Sonnenblick-Goldman, a national real estate investment banking firm between 1994 and 2007. As partner, Mr. Gordon was responsible for overseeing management, sales growth and the ultimate sale of the firm to Cushman & Wakefield in 2007. Upon the sale of the company, Mr. Gordon was appointed to head Cushman &Wakefield‘s National Hospitality Practice, a position he held until 2010 when he decided to take his own advice and become a hotel developer and investor.
During his advisory career, Mr. Gordon has oversaw many of the hotel industries’ most complex projects including the adaptive reuse and conversion of the Hotel Delmonico to the Trump Park Avenue, creating a joint venture between Loews Hotels and Universal Studios to develop five hotels at Universal Studios Resort in Orlando, recapitalizing Ian Schrager Company, restructuring Denihan Hospitality Group, and the complex sales and financings of hundreds of landmark hotels and resorts located throughout the U.S.
Mark has won numerous awards for his accomplishments in the real estate industry including Crain’s “40 under 40”, Americas Lodging Investment Summits “Deal of the Year” and Commercial Property News “Stars to Watch” and is a frequent speaker at hotel and real estate industry events. Mr. Gordon holds a Master’s Degree in Real Estate Finance from New York University and a B.S. in Finance from Ithaca College.