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New vice president for Molinaro Koger

Hospitality industry veteran, David Altobello has joined Molinaro Koger (MK) in the position of Vice President. “David’s skills in hospitality industry operations and financial management are…

Hospitality industry veteran, David Altobello has joined Molinaro Koger (MK) in the position of Vice President. “David’s skills in hospitality industry operations and financial management are exceptional. By putting these remarkable skills to work within the sphere of hotel brokerage and capital deployment we believe David will find tremendous success,” said Robert T. Koger, President of the company, in announcing that Mr. Altobello had joined MK. “Additionally, David’s industry and investor contacts will undoubtedly benefit MK’s clients by furthering their investment goals.”



“I am delighted to join MK and put my skills to work on behalf of client interests, said Mr. Altobello. I believe my background in real estate valuation, contractual agreements, and a continuous dedication to customer satisfaction position me to further enhance MK’s service track record.



Mr. Altobello has moved rapidly into brokerage. He already has several transactions in the works, including assignments for such clients as Marriott, Starwood and JER Partners.



Prior to joining MK, Mr. Altobello served as a Financial Director for Marriott International where he managed transaction due diligence, closing, and post-closing components for internal groups and owners. His close partnership with Marriott’s internal transaction team ensured all contract provisions were advantageously structured for the company. During his career Mr. Altobello has been instrumental in more than $750 million in real estate transactions.

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