(Mark Your Calendars: RealShare REAL ESTATE 2012, March 22nd in Los Angeles).
LAS VEGAS-Commerce Real Estate Solutions, an independently owned and operated member of the Cushman & Wakefield Alliance, has hired Jeffrey A. Boughrum as director of its intermountain hospitality group. A 36-year veteran in commercial real estate, Boughrum will lead the group in hotel, resort and gaming brokerage, property valuation, development consulting, and investment and financial services.
His experience features direct management of more than $6.8 billion in gaming and hotel property, as well as brokering the acquisition, sale and leasing of retail, industrial, office and hotel properties. “Jeff is an immediate benefit to our clientele,” explains Mike Hillis, managing partner of Cushman & Wakefield | Commerce’s Las Vegas branch. “We are confident his experience directing casino and hotel development around the world, as well as his extensive skills applied at forefront of commercial real estate, will be of significant value as he directs the success of our hospitality group.”
Previously, Boughrum was recruited by Showboat Inc., as its chief development officer to secure casino land and riverboat venues domestically and internationally. With Showboat, he developed and opened the Sydney Harbour Casino in Australia, as well as the Showboat Casino in East Chicago, IN.
As president of Lepercq Development Corp. in New York, Boughrum founded a company that developed several franchised hotels. While at Ramada Inns, he led the development, finance and construction of four-star Renaissance hotels in the eastern US. At Holiday Inns he managed both corporate property and franchise development of hotels in the Southwest. Boughrum was also instrumental in developing additional brands for Holiday—Hampton, Embassy Suites and Crowne Plaza, according to a prepared statement.
His formative business management expertise began with A.T. Kearney Management Consultants where he advised several Fortune 500 companies on product planning, market strategy, corporate strategic planning and business development.
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