Washington, District of Columbia, United States
Mr. Hammad Shah has a track record of creating value through asset management, entrepreneurial strategies, and re-positioning of upscale residential and hotel properties, as well as completing acquisitions of assets in areas with very high barrier entry markets. Prior to establishing Washington Development Company and Capital Asset Management & Investments, Mr. Shah served Carr Hospitality as President . Mr. Shah established an asset management and real estate development platform for Carr Hospitality and Carr City Center. The three notable hotel/commercial real estate acquisitions completed by Mr. Shah at Carr Hospitality and Carr City Center included, one of which is the site for the Hilton Garden Inn of Old Town Alexandria, near the King Street Metro., surrounded by strong demand generators such as the Patent and Trademark Office. The second acquisition is the boutique hotel site on Union Street on the waterfront of Old Town Alexandria, VA. This is a historical site and was acquired in a very high barrier to entry market. The third acquisition was of the Wharf mixed use project at the Southwest Waterfront area of Washington, D.C. His brand affiliates include Le Meridian, Hilton, IHG, Marriott, ITT Sheraton and Omni. During his career, he has been involved in all aspects of the hospitality industry. He held positions in all departments from Department heads, GM, Regional Vice President, Vice President and President.
The Washington Development Company was founded in 2012 by Hammad Shah. The Company has a track record of repositioning and developing upscale residential real estate projects, as well as completing acquisitions of assets in areas with very high barriers to entry markets. The Washington Development Company is a regionally invested platform with access to capital from its partners and preferred relationships with its local banking partners. The principal of the company takes a primary position in the investment. The Company brings the highest level of quality and integrity, and a wealth of experience to our stakeholders and partners. Mr. Shah has been involved in many residential and commercial real estate construction projects exceeding $80 million. Mr. Shah has developed and redeveloped over 75 unique upscale and luxury homes utilizing his luxury hotel and resort construction and development experience.
SilverArrow Hospitality Capital’s executive leadership is a team of experienced professionals in hospitality operations, asset management and development, rebranding, advisory services, mergers, acquisitions, and project finance. The team enjoys decades of value creation in such activities. SilverArrow Hospitality Capital and its partner Shaner Hotel Group, will acquire upscale branded select and full-service hotel assets in metropolitan markets and resort destinations in the U.S. and select international destinations. Together, the companies will target distressed assets, repositioning assets, new development, hospitality portfolios, and company sale due to capital and debt restructuring needs. SilverArrow Hospitality Capital will also assist international ventures entering the U.S. hospitality market. We are seeking opportunistic acquisitions.
The Company provides hospitality asset management and advisory services to hotel owners, investors, institutions, banks and law firms.
The Portfolio Revenue Excess of $100 Million Annualized, The Portfolio Valued at Excess of $700 Million, New Acquisitions & Development Projects $280 Million The Willard Complex, InterContinental, Crowne Plaza, Embassy Suites, Holiday Inn & Suites. New Development Projects Included: InterContinental Warf, Hilton Garden Inn Alexandria Old Town and Hotel Indigo at Alexandria Waterfront. • Asset Management for Hospitality Real Estate Investments • Strategic Growth Planning • Value Creation Strategies • Capital Planning • Acquisition and Disposition • Underwriting & Due Diligence • Site Selection & Contract Negotiations • Pre-Development Concept Planning for New Construction • Pre-Development and Development Services • Capital Placement and Strategic Investment Planning
Portfolio Revenue Excess of $100 Million Annualized, Portfolio Valued at Excess $600 Million, Acquisition of Two New Assets $140 Million. The Willard Complex, InterContinental, Crowne Plaza, Embassy Suites, Holiday Inn & Suites. • Asset Management • Acquisition and Disposition of Property • Development • Project Management • Distressed Asset Services
RDO: The portfolio exceeded revenues of $75 million. Its assets included the Hilton Old Town Alexandria, Bay Point Marriott and Resort Panama City, Holiday Inn Daytona, Renascence Fort Lauderdale, Hilton Fort Lauderdale, and the Hawthorn Suites Memphis by Hyatt. Director of Resort and Condominiums: Sapphire Beach Resort & Marina AGM: Omni Albany Hotel 400 Rooms GM: Holiday Inn City Center Columbus Ohio, 298 Rooms