Rich Lillis
Executive Vice President | South Florida & National Director, Hotels | USA

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About
Professional Summary
I am proud to provide strategic advisory and transaction services to owners, operators and developers of hotel and resort investment properties across the Eastern United States, with special expertise in Florida and the Caribbean.
As National Director of Colliers' Hotels group, I lead a nationwide team of lodging and transaction experts, sharing best practices and leveraging unique industry insights to deliver great results for their clients. In the dynamic hotel investment market, I provide valuable solutions to hotel owners and investors, special servicers, regional lenders, land owners and developers.
My diverse background includes a wide range of experience in lodging and finance, paving the way for a unique perspective in hotel investment advisory. Today, I successfully manage numerous hotel, resort and land transactions, for private and institutional owners. I am a national lodging investment expert and frequently speak at industry conferences including ALIS, NYU and NABHOOD. As an integral member of Colliers Asset Resolution Team CART, I serve as “Lodging/Hotels Regional Team Leader” for a few key Special Servicer client relationships.
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
- Hampton Inn & Homewood Suites, Woburn, Massachusetts dual-brand development
- Sea Crest Beach Hotel, North Falmouth, Massachusetts
- Old Kinderhook Resort, Camdenton, Missouri
- DoubleTree Hotel, Plymouth Meeting, Pennsylvania
- Quality Inn & Suites, Cocoa Beach, Florida
- Camden Resort, Lake Ozarks, Missouri
- Wyndham Riverwalk Hotel, Jacksonville, Florida
- Hampton Inn & Suites Newtown, Yardley, Pennsylvania
- Hampton Inn & Suites, Destin-Sandestin, Florida
- Stay Inn Hotel & IHOP Restaurant, West Palm Beach, Florida
- Holiday Inn Express, Jacksonville, Florida
- Country Inn & Suites, Omaha, Nebraska
- Beachview Club Hotel, Jekyll Island, Georgia (2013 and 2017)
- Bridgeside Hotel Development Site, Charleston, South Carolina
- Waterfront Hotel Development Site, Pompano Beach, Florida
- Marien Coral by Hilton, Puerto Plata, Dominican Republic
- Canoa Coral by Hilton, Bayahibe, Dominican Republic
- Hamaca Coral by Hilton, Boca Chica, Dominican Republic
- Hilton Garden Inn, Tampa, Florida
- Boise Hotel & Conference Center, Boise, Idaho
- Guesthouse Hotel, Nashville, Tennessee
- Cocoa Beach Oceanside Inn, Florida
- Comfort Inn, Plant City, Florida
- Inn on the Beach, Daytona Beach, Florida
- Guavaberry Golf and Country Club, Juan Dolio, Dominican Republic
Services:
- Investment Services / Capital Markets
Property Type:
- Hotel
Skills:
- Asset Resolution Services
- Bank REO
- Investment Properties
- Resorts
Clients:
- LNR Partners LLC
- Lone Star Funds
- Delaware North Corporation
- New Castle Hotels
- Rio Partners
- Valley View Bank
- Pacifica Companies
- Marx Realty
- Benenson Capital
- Torchlight Investors
- CW Capital
- Ocean Partners
- Lubert Adler
- Madison Properties LLC
Education:
- BS in Economics with honors, State University in New York
- Licensed Florida real estate broker
Memberships & Involvements:
ULI - Florida Hospitality & Leisure Product Council
My Team
John Wijtenburg
Vice President
Boca Raton
As Vice President of the Colliers Hotels group, I specialize in capital markets with a focus on hotel services and investment sales, deepening our local practice group expertise.
I have a strong foundation in finance and commercial real estate experience spanning nearly a decade. Having launched my professional career as a Financial Economist with Fannie Mae in Washington, D.C., I have curated a strong analytical and financial-modeling mindset that I bring to my career in real estate.
Most recently, I was with the Ft Lauderdale-based Insite Group, conducting underwriting, due diligence, and transaction closing for more than $250 million of commercial real estate. While there, I also led a team of associates and analysts in the sourcing, underwriting, and packaging of hotel, residential, and mixed-use investment properties. Prior to my roles with InSite, I was a member of the National Multi-Housing Group at Marcus & Millichap.
My properties
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