David Perel serves as the President & Chief Investment Officer for Civitas Capital Group. Mr. Perel is a finance and hospitality development expert with a 25-year background in capital markets and experience managing hundreds of millions of dollars in hotel investments.
During his career, Mr. Perel developed W Dallas for Gatehouse Capital as well as the Joule Hotel, a Starwood Luxury Collection property and the only 5-star hotel in Dallas. He also has been a financial advisor to a large private equity firm on its recent six-property, $100 million acquisition and several additional transactions. Mr. Perel has led development of 14 hotels with a total development cost of over $400 million, as well as led a joint venture of several hundred million dollars of limited and select service hotels.
He previously worked with Gatehouse Capital and in New York in corporate finance and investment banking, where he served as Managing Director and co-head of Health Care Group at ABN Amro and held senior positions in the Investment Banking departments of ING Barings, Furman Selz, and Bear Stearns. Mr. Perel holds an MBA from the Kellogg School of Management at Northwestern University and a bachelor’s degree in finance and accounting from the Wharton School at the University of Pennsylvania.