Thomas Baltimore
Net worth: 22 M $ as of 2026-01-30
Net worth: 22 M $ as of 2026-01-30
Founder of RLJ Development LLC, Tom J. Baltimore is a businessperson who has been at the head of 5 different companies and presently is Chairman, President & Chief Executive Officer of Park Hotels & Resorts, Inc. and President & Chief Executive Officer at PK Domestic Property LLC and President & Chief Executive Officer for Park Intermediate Holdings LLC (both are subsidiaries of Park Hotels & Resorts, Inc.) and President & Chief Executive Officer at RLJ Development LLC. Tom J. Baltimore is also Member of American Hotel & Lodging Association, Inc. and Member of Marriott International National Association Board and on the board of 7 other companies. In his past career he was President, Chief Executive Officer & Trustee at RLJ Lodging Trust, Vice President-Development & Finance at Hilton Hotels Corp., Vice President-Business Development for Host Marriott Corp., Vice President-Business Development at Host Marriott Services Corp. and Staff Auditor at PricewaterhouseCoopers LLP. Mr. Baltimore received an undergraduate degree from McIntire School of Commerce and an MBA from the University of Virginia Darden School of Business.
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 2026-01-15 | 1,866,502 ( 0.93% ) | 20 M $ | 2026-01-30 | |
| 2026-01-19 | 38,344 ( 0% ) | 1 M $ | 2026-01-30 | |
| 2025-12-30 | 324 ( 0% ) | 114 103 $ | 2026-01-30 |
| Companies | Position | Start |
|---|---|---|
| PARK HOTELS & RESORTS INC. | Chief Executive Officer | 2016-11-30 |
| AMERICAN EXPRESS COMPANY | Director/Board Member | 2021-01-26 |
| COMCAST CORPORATION | Director/Board Member | 2023-03-14 |
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. | Chief Executive Officer | 2000-11-30 |
McIntire School of Commerce Foundation
McIntire School of Commerce Foundation Miscellaneous Commercial ServicesCommercial Services Operates as a non-profit organization that raises funds | Director/Board Member | - |
University of Virginia Investment Management Co.
University of Virginia Investment Management Co. Investment Trusts/Mutual FundsMiscellaneous University of Virginia Investment Management's employs leverage and derivative securities, both directly and within funds, only to the extent that the aggregate risk of the pool is not increased beyond that which would be allowed by the policy portfolio without using leverage or derivatives. The most direct form of leverage is borrowing but many other strategies, structures, funds, and derivative securities produce similar results and therefore imply leverage. | Director/Board Member | - |
The Real Estate Roundtable
The Real Estate Roundtable Miscellaneous Commercial ServicesCommercial Services Operates real estate and trade associations | Director/Board Member | 2020-06-30 |
PK Domestic Property LLC
PK Domestic Property LLC Provides real estate services | Chief Executive Officer | - |
PK Domestic REIT, Inc.
PK Domestic REIT, Inc. Acts as a Real Estate Investment Trust/REIT | Director/Board Member | - |
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Active
Inactive
Listed companies
Private companies
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
| Private companies | 31 |
|---|---|
American Express Co.
American Express Co. Provides credit and charge cards, payments and online platforms solutions | |
Hilton Hotels Corp.
Hilton Hotels Corp. Owns and operates hotels & resorts | |
Host Marriott Corp. /Old/
Host Marriott Corp. /Old/ Owns and operates full service hotels | |
The Prudential Variable Contract Real Property Account
The Prudential Variable Contract Real Property Account Provides funds to real estate industry | |
Duke Realty LP
Duke Realty LP Operates as a a self-administered and self-managed REIT | |
Integra LifeSciences Holdings Corp.
Integra LifeSciences Holdings Corp. Medical SpecialtiesHealth Technology Develops, manufactures and markets medical devices, implants and biomaterials | Health Technology |
Host Marriott Services Corp.
Host Marriott Services Corp. RestaurantsConsumer Services Operates food, beverage and merchandise concessions | Consumer Services |
AutoNation, Inc.
AutoNation, Inc. Specialty StoresRetail Trade Retails and distributes automobiles | Retail Trade |
Duke Realty Corp.
Duke Realty Corp. Real Estate Investment TrustsFinance Operates as real estate investment trust | Finance |
Prudential Financial, Inc.
Prudential Financial, Inc. Life/Health InsuranceFinance Functions as a holding company whose subsidiaries provides life insurance, financial, pensions, retirement and asset management services | Finance |
PricewaterhouseCoopers LLP
PricewaterhouseCoopers LLP Miscellaneous Commercial ServicesCommercial Services Provides auditing, assurance, consulting and tax & business consulting services | Commercial Services |
RLJ Lodging Trust
RLJ Lodging Trust Operates as a real estate investment trust which operates and manages hotels | |
Comcast Corp.
Comcast Corp. Cable/Satellite TVConsumer Services Provides cable television, internet and broadcasting services | Consumer Services |
MedStar Health, Inc.
MedStar Health, Inc. Medical/Nursing ServicesHealth Services Provides primary & urgent care and telehealth services | Health Services |
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 |
University of Virginia Investment Management Co.
University of Virginia Investment Management Co. Investment Trusts/Mutual FundsMiscellaneous University of Virginia Investment Management's employs leverage and derivative securities, both directly and within funds, only to the extent that the aggregate risk of the pool is not increased beyond that which would be allowed by the policy portfolio without using leverage or derivatives. The most direct form of leverage is borrowing but many other strategies, structures, funds, and derivative securities produce similar results and therefore imply leverage. | Miscellaneous |
National Association of Real Estate Investment Trusts, Inc.
National Association of Real Estate Investment Trusts, Inc. Real Estate Investment TrustsFinance Real Estate Investment Trust/REIT | Finance |
The Real Estate Roundtable
The Real Estate Roundtable Miscellaneous Commercial ServicesCommercial Services Operates real estate and trade associations | Commercial Services |
American Hotel & Lodging Association, Inc.
American Hotel & Lodging Association, Inc. Hotels/Resorts/Cruise linesConsumer Services Operates as hotels and lodging association | Consumer Services |
Darden School Foundation | |
The Prudential Insurance Company of America, Inc.
The Prudential Insurance Company of America, Inc. Insurance Brokers/ServicesFinance Provides insurance brokerage, retirement, investment planning and benefit administration services | Finance |
McIntire School of Commerce Foundation
McIntire School of Commerce Foundation Miscellaneous Commercial ServicesCommercial Services Operates as a non-profit organization that raises funds | Commercial Services |
Jefferson Scholars Foundation | |
Marriott International National Association Board
Marriott International National Association Board Hotels/Resorts/Cruise linesConsumer Services Operates Hotels | Consumer Services |
Park Hotels & Resorts, Inc.
Park Hotels & Resorts, Inc. Real Estate Investment TrustsFinance Operates as a lodging real estate investment trust | Finance |
University of Virginia Darden School of Business
University of Virginia Darden School of Business Functions as a College/University | |
McIntire School of Commerce
McIntire School of Commerce Functions as a College/University | |
PK Domestic Property LLC
PK Domestic Property LLC Provides real estate services | |
Park Intermediate Holdings LLC
Park Intermediate Holdings LLC Functions as an investment holding company | |
PK Domestic REIT, Inc.
PK Domestic REIT, Inc. Acts as a Real Estate Investment Trust/REIT | |
National Association of Black Hotel Owners, Operators
National Association of Black Hotel Owners, Operators The National Association of Black Hotel Owners, Operators and Developers (NABHOOD) is an organization based in Fort Lauderdale, FL. National Association of Black Hotel Owners, Operators was founded in 1998 by Andy Ingraham, who has been the CEO since then. NABHOOD aims to increase the number of African Americans developing, managing, operating, and owning hotels. The company also focuses on expanding vendor opportunities and executive-level jobs for minorities, creating wealth within the African American community. NABHOOD organizes the Annual International African American Hotel Ownership & Investment Summit & Trade Show, a four-day event that educates attendees on hotel ownership and investment, minority investment trends, supplier opportunities, marketing to minorities, and diversity issues affecting the industry. |
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