Rich Lillis | Colliers International | Boca Raton

Rich Lillis

Executive Managing Director, Hotels USA

License # BK703721

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About

Professional Summary

Rich Lillis is a leading expert providing strategic advisory services to clients on hotel and resort investment sales and financing in Florida, Eastern United States and the Caribbean. In his role as Director of Colliers Hotels USA, Rich leads a nationwide team of lodging specialists, leveraging unique industry insights and sharing best practices to deliver great results for clients. In the dynamic hotel investment market, Rich and his team provide valuable solutions to hotel owners and investors, developers, land owners, regional lenders and special servicers. 

As a frequent speaker at national hotel investment conferences ALIS, NYU and NABHOOD, Rich offers a unique perspective from his deep experience and diverse lodging background.   

Prior experience includes Miami practice leader at Horwath HTL, asset management at Ocwen Financial Corporation and hotel management positions at New Castle, Doral, Marriott International and Plaza Hotel. Rich earned his Bachelor of Science in Economics from State University in New York and is a Florida licensed real estate broker. Rich and his wife Maureen reside in Boca Raton, Florida.

Colliers is global leader in lodging investment services with 150 dedicated hotel professionals in the USA, Canada, EMEA and APAC providing transaction, financing, consulting and valuation services. 

Accomplishments

Rich has extensive transaction and advisory experience with a wide variety of hotels and resorts. A sample of completed transactions is listed below:

  • Residence Inn Cape Canaveral, Florida
  • Sea Crest Beach Hotel, North Falmouth, Massachusetts
  • Hampton Inn & Homewood Suites, Woburn, Massachusetts dual-brand development
  • Quality Inn & Suites, Cocoa Beach, Florida
  • DoubleTree Hotel, Plymouth Meeting, Pennsylvania
  • Stay Inn Hotel & IHOP Restaurant, West Palm Beach, Florida
  • Hampton Inn & Suites, Destin-Sandestin, Florida
  • Beachview Club Hotel, Jekyll Island, Georgia (2013 and 2017)
  • Wyndham Riverwalk Hotel, Jacksonville, Florida
  • Waterfront Hotel Development Site, Pompano Beach, Florida
  • Cocoa Beach Oceanside Inn, Florida
  • Bridgeside Hotel Development Site, Charleston, South Carolina
  • Camden Resort, Lake Ozarks, Missouri
  • Old Kinderhook Resort, Camdenton, Missouri
  • Hampton Inn & Suites Newtown, Yardley, Pennsylvania
  • Hilton Garden Inn, Tampa, Florida
  • Comfort Inn, Plant City, Florida
  • Holiday Inn Express, Jacksonville, Florida
  • Inn on the Beach, Daytona Beach, Florida
  • Country Inn & Suites, Omaha, Nebraska
  • Guesthouse Hotel, Nashville, Tennessee
  • Boise Hotel & Conference Center, Boise, Idaho
  • Canoa Coral by Hilton, Bayahibe, Dominican Republic
  • Guavaberry Golf and Country Club, Juan Dolio, Dominican Republic
  • Hamaca Coral by Hilton, Boca Chica, Dominican Republic
  • Marien Coral by Hilton, Puerto Plata, Dominican Republic
  • Resort Development Site, Rodney Bay, St. Lucia West Indies

Education

  • BS in Economics with honors, State University of New York
  • Licensed Florida real estate broker

Memberships & Involvements

ULI - Florida Hospitality & Leisure Product Council

Clients

  • LNR Partners
  • Hudson Advisors - Lone Star Funds
  • Delaware North Corporation
  • Eightfold Capital
  • Ocean Partners
  • Rio Partners
  • Valley View Bank
  • Pacifica Companies
  • Marx Realty
  • Benenson Capital Partners
  • Taurus Investment
  • Torchlight Investors
  • Madison Properties LLC

Services

Skills
Asset Resolution Services, Bank REO, Investment Properties, Resorts, Land Sales
Service Lines
Capital Markets
Property Type
Hotel
Specializations
Hotels, Asset Resolutions Services Group, Golf Course Advisory Group

My Team

My Team

Featured News
Sep 11, 2018
Colliers International Hotel Group Brokers Sale of Cocoa Beach Hotel
As Florida’s Space Coast continues to exhibit a vibrant and dynamic economy, the Colliers International Hotels team of Rich Lillis and John Wijtenburg closed this week on the sale of the Quality Inn & Suites located in the heart of Cocoa Beach. The sale of the 170-key midscale hotel from long-time owner Crossway Inn, Inc. to buyer CB Hospitality LLC highlights the expanded interest for hotel assets in secondary and tertiary Florida markets.
Read More
Aug 27, 2018
Success Story: Quality Inn & Suites Cocoa Beach
With Colliers' assistance, the due diligence process and closing were textbook and on schedule.
Read More
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