USA, New York City, New York. July 21, 2022

RobertDouglas announced today that Matthew Dower, a 15-year veteran of the hotel industry, has joined the company as Managing Director in the firm's new Chicago office. In this role, Matthew will be involved in every aspect of the firm's business, from investment sales to structured financing and joint venture equity raises.

Dower joins RobertDouglas from Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, where he spent the last 7-plus years as Managing Director and Director of Operations for the national Hotels & Hospitality team. During his tenure, he gained niche expertise in handling complicated multi-tranched equity and debt transactions, specializing in specific capital sources for hotel assets. He has structured and closed more than100 transactions representing more than $1 billion of commercial real estate.

"We are excited to welcome Matt to the team at RobertDouglas," Douglas Hercher said. "He will make instant contributions to our company and is a great fit with the RobertDouglas culture, as he grows our presence and relationships in Chicago and the Midwest."

"I am thrilled to join the team at RobertDouglas, which is well known in our industry for its creativity and entrepreneurial spirit," Dower said. "I look forward to putting my relationships and dealmaking experience to work as I join a great group of colleagues during an exciting period of growth for the firm."