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App Development Startup Company Presentation in Blue Purple Corporate Geometric Style (3).

Timothy J. Dick

Timothy (Tim) J. Dick, CRE, ISHC, PhD, MAI
Executive Vice President
Professional Experience

Tim Dick is an Executive Vice President in the Woodworth Core Group Hotels Advisory practice.   Mr. Dick is a subject matter expert in hospitality real estate with deep experience in the areas of asset management, valuation, and general hospitality advisory services (market analysis, operational audits, strategic consulting).  He is responsible for Hotel Advisory, Hotel Consulting, Hospitality Asset Management & Investment Services team and oversight of all functions and services covering all geographic locations in North America at Woodworth Core Group.

Prior to joining Woodworth Core Group, Mr. Dick was an Executive Vice President with CBRE where he served as a hotel advisor in a national practice.  Prior to CBRE, Mr. Dick was with HotelAVE and was responsible for Asset Managing hotels in New York City, NY, Cartagena, Colombia and Buenos Aires, Argentina.  These urban and resort properties were uniquely challenging as they were both branded and non-branded hotels in international markets and gateway cities. 

 

Mr. Dick was also Principal and Managing Member of Rockcastle Real Estate Advisors, LLC, an independent third-party advisory and consulting firm specializing in hotels. Mr. Dick was responsible for operational reviews, asset management, underwriting and acquisition for hospitality investments.  The portfolio included three non-branded full-service hotel assets and four branded assets with a market valuation of $400mm. 

 

Prior to forming Rockcastle, Mr. Dick served as Head of the Hotel Asset Management Team at TriMont Real Estate Advisors, LLC, where he was responsible for providing strategic asset services to major financial institutions and oversaw a portfolio totaling 170 hotels.

Career experience highlights include:

  • Managed hotel portfolios ranging from 12 to 170 properties in size with market valuations ranging from $200MM to $3.5B

  • Worked on hospitality engagements throughout the U.S., Canada, Caribbean and Europe

  • Brand experience includes Marriott, Hilton, Ritz Carlton, Le Meridien, Capella, Carlson, IHG, Hilton, Wyndham, Hard Rock, and recognized independent/boutique properties

Professional Affiliations/Accreditations
  • Appraisal Institute (MAI Designation)

  • Counselors of Real Estate (CRE)

  • International Society of Hospitality Consultants (ISHC)

  • President of the Hotel Asset Management Association (HAMA)

  • Board Member of the Cornell University Council

  • Board Member of the Atlanta Hospitality Alliance

Education
  • Cornell University – Master of Professional Studies in Hotel Administration

  • Iowa State University – PhD in Hospitality Management

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