Profile
Mr. Howard B. Isaacson, CPA, is Senior Vice President Asset Management at RLJ Development LLC.
Prior to joining RLJ in March 2003, he was the Vice President of Finance for HEI Hospitality, LLC.
From 1993 to 2001, he held several positions with MeriStar Hotels & Resorts, Inc. During 1999 through 2001, he was the Executive Vice President of the Doral Golf Division of MeriStar, which generated annual revenues of approximately $19 million.
Prior to CapStar Hotel Company’s merger with American General to form MeriStar and prior to CapStar Hotels Inc. going public in 1996, Mr. Isaacson served as CapStar Hotel’s Chief Financial Officer, overseeing the financial activities of a 46-hotel company that generated approximately $160 million in revenues.
Mr. Isaacson has 30 years of experience in the hospitality industry also includes positions with Universal Hotels and Holiday Inns, Inc.
Mr. Isaacson earned a B.S.
degree in Business Administration from Elizabethtown College in 1975, and is a Certified Public Accountant.
He was elected as the International President of the Hospitality Financial and Technology Professionals in 1995 and co-authored the Uniform System of Accounts for the Lodging Industry-Ninth Edition.
Howard B. Isaacson active positions
| Companies | Position | Start |
|---|---|---|
| RLJ LODGING TRUST | Corporate Officer/Principal | 2002-12-31 |
RLJ Development LLC
RLJ Development LLC Investment ManagersFinance RLJ Development seeks to generate superior risk-adjusted returns for their investors through opportunistic, value-added real estate investment strategies. The firm strives to capitalize on their ability to attract low cost capital and identify well-located hotel real estate. They actively acquire, reposition, renovate and rebrand institutional-quality hotel properties throughout North America and the Caribbean. Their core strategy is to acquire upscale, limited service (often referred to as focused-service or select-service) and compact full-service hotels that are located in dense urban settings, or other distinctive markets, that offer strong barriers to competitive entry. RLJ Development considers investments in only the strongest brands in each respective market. The firm is well-capitalized and has invested in a portfolio of first-class hotels in strong, diverse markets. The firm is open to inquiries from hotel owners and operators that are seeking to recapitalize or liquidate their hospitality holdings. RLJ may also consider opportunities slightly outside of their core strategy. RLJ Development is appropriately established to serve as a fiduciary to institutional capital due to the complete absence of conflicting interests within their organizational structure. The firm provides no captive property management, purchasing or insurance brokerage services. Their objective is to maximize the value of the real estate and to generate superior risk-adjusted returns for their investors. In 2004, RLJ Development launched the RLJ Urban Lodging Fund I. The fund offered institutional investors the opportunity to invest alongside RLJ Development and to capitalize on the firm's ability to identify off-market acquisition opportunities, to financially structure them in an appropriate manner, to associate them with the strongest brands and operators, and carefully asset manage the properties through their investment lifecycles. In 2006, the firm launched the RLJ Lodging Fund II. The fund's primary strategy is to acquire and develop upscale, focused-service hotels with premium brands in urban markets or suburban locations in major metropolitan areas. In 2008, the RLJ Real Estate Fund III was launched. The fund seeks to acquire and develop upscale, focused-service hotels with premium brands in urban markets or dense suburban locations in major metropolitan areas. With this fund, RLJ Development expanded their investment strategy to include mixed-use investments in target markets. | Private Equity Investor | 2010-06-30 |
Hospitality Asset Managers Association
Hospitality Asset Managers Association Miscellaneous Commercial ServicesCommercial Services Operates as professional individuals association for dedicated to the enhancement of hotel and hospitality asset values | Director/Board Member | - |
Former positions of Howard B. Isaacson
| Companies | Position | End |
|---|---|---|
HEI Hospitality LLC
HEI Hospitality LLC Investment ManagersFinance HEI Hospitality focuses on the acquisition of upper scale, full-service luxury properties and direct investments in prime real estate development opportunities. The firm provides capital for acquisition, development and property improvement. For their acquisitions and development, HEI targets: (1) the acquisition and development of urban and major suburban hotels and destination resorts (2) the provision of new construction forward take-outs and (3) the funding of new development projects. HEI's private equity funds are positioned to acquire and/or develop approximately $500 million annually in the hospitality sector. The HEI Hospitality Funds are discretionary private equity funds that seek to acquire and/or develop hospitality-related assets. The funds focus on investments in full-service, upper upscale and luxury hotels throughout the US, Canada and the Caribbean. | Director of Finance/CFO | - |
Meristar Hotels & Resorts, Inc.
Meristar Hotels & Resorts, Inc. Hotels/Resorts/Cruise linesConsumer Services Owns, operates and manages hotels and resorts | Corporate Officer/Principal | 2000-12-31 |
Hospitality Financial & Technology Professionals
Hospitality Financial & Technology Professionals Miscellaneous Commercial ServicesCommercial Services Operates as a non-profit financial and IT professionals organization | President | - |
Holiday Inns, Inc.
Holiday Inns, Inc. Hotels/Resorts/Cruise linesConsumer Services Owns and operates hotels | Corporate Officer/Principal | - |
CapStar Hotel Co.
CapStar Hotel Co. Hotels/Resorts/Cruise linesConsumer Services Owns and operates hotels | Director of Finance/CFO | - |
Training of Howard B. Isaacson
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 9 |
|---|---|
CapStar Hotel Co.
CapStar Hotel Co. Hotels/Resorts/Cruise linesConsumer Services Owns and operates hotels | Consumer Services |
RLJ Lodging Trust
RLJ Lodging Trust Real Estate Investment TrustsFinance Operates as a real estate investment trust which operates and manages hotels | Finance |
HEI Hospitality LLC
HEI Hospitality LLC Investment ManagersFinance HEI Hospitality focuses on the acquisition of upper scale, full-service luxury properties and direct investments in prime real estate development opportunities. The firm provides capital for acquisition, development and property improvement. For their acquisitions and development, HEI targets: (1) the acquisition and development of urban and major suburban hotels and destination resorts (2) the provision of new construction forward take-outs and (3) the funding of new development projects. HEI's private equity funds are positioned to acquire and/or develop approximately $500 million annually in the hospitality sector. The HEI Hospitality Funds are discretionary private equity funds that seek to acquire and/or develop hospitality-related assets. The funds focus on investments in full-service, upper upscale and luxury hotels throughout the US, Canada and the Caribbean. | Finance |
RLJ Development LLC
RLJ Development LLC Investment ManagersFinance RLJ Development seeks to generate superior risk-adjusted returns for their investors through opportunistic, value-added real estate investment strategies. The firm strives to capitalize on their ability to attract low cost capital and identify well-located hotel real estate. They actively acquire, reposition, renovate and rebrand institutional-quality hotel properties throughout North America and the Caribbean. Their core strategy is to acquire upscale, limited service (often referred to as focused-service or select-service) and compact full-service hotels that are located in dense urban settings, or other distinctive markets, that offer strong barriers to competitive entry. RLJ Development considers investments in only the strongest brands in each respective market. The firm is well-capitalized and has invested in a portfolio of first-class hotels in strong, diverse markets. The firm is open to inquiries from hotel owners and operators that are seeking to recapitalize or liquidate their hospitality holdings. RLJ may also consider opportunities slightly outside of their core strategy. RLJ Development is appropriately established to serve as a fiduciary to institutional capital due to the complete absence of conflicting interests within their organizational structure. The firm provides no captive property management, purchasing or insurance brokerage services. Their objective is to maximize the value of the real estate and to generate superior risk-adjusted returns for their investors. In 2004, RLJ Development launched the RLJ Urban Lodging Fund I. The fund offered institutional investors the opportunity to invest alongside RLJ Development and to capitalize on the firm's ability to identify off-market acquisition opportunities, to financially structure them in an appropriate manner, to associate them with the strongest brands and operators, and carefully asset manage the properties through their investment lifecycles. In 2006, the firm launched the RLJ Lodging Fund II. The fund's primary strategy is to acquire and develop upscale, focused-service hotels with premium brands in urban markets or suburban locations in major metropolitan areas. In 2008, the RLJ Real Estate Fund III was launched. The fund seeks to acquire and develop upscale, focused-service hotels with premium brands in urban markets or dense suburban locations in major metropolitan areas. With this fund, RLJ Development expanded their investment strategy to include mixed-use investments in target markets. | Finance |
Meristar Hotels & Resorts, Inc.
Meristar Hotels & Resorts, Inc. Hotels/Resorts/Cruise linesConsumer Services Owns, operates and manages hotels and resorts | Consumer Services |
Elizabethtown College
Elizabethtown College Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Hospitality Financial & Technology Professionals
Hospitality Financial & Technology Professionals Miscellaneous Commercial ServicesCommercial Services Operates as a non-profit financial and IT professionals organization | Commercial Services |
Hospitality Asset Managers Association
Hospitality Asset Managers Association Miscellaneous Commercial ServicesCommercial Services Operates as professional individuals association for dedicated to the enhancement of hotel and hospitality asset values | Commercial Services |
Holiday Inns, Inc.
Holiday Inns, Inc. Hotels/Resorts/Cruise linesConsumer Services Owns and operates hotels | Consumer Services |
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