Highgate;

Highgate announced today the appointment of Matt Greene to Executive Vice President, Luxury Residences. In this newly-created position, Matt will report to Chief Executive Officer Arash Azarbarzin and will oversee Highgate's growing portfolio of managed condo-hotels and residences such as The Elser Hotel in Miami and The Altair Hotel in Bay Harbor.

"At Highgate, we are always seeking new opportunities to apply our expertise to drive value for guests and owners," said Azarbarzin. "Matt is the powerhouse who can help lead our dedicated condo-hotel/branded residences team and ensure we have all of the tools to deliver great returns for our partners."

"I'm excited to be working with people whom I have respected and trusted for decades – and to be working on this new vertical at Highgate that presents such significant opportunity to create value," said Matt Greene. "With the benefit of my background in residential development and operations, I look forward to leveraging the resources of Highgate's best-in-class organization able to maximize the potential of these assets and to deliver differentiated residential experiences."

Prior to joining Highgate, Greene served as Executive Vice President, Lifestyle Operations for Evolution Hospitality & Aimbridge Hospitality, where he oversaw the Lifestyle hotel portfolio as well as 10+ new hotel developments across the US & Mexico. He previously held senior operations roles at Hotel ZaZa Dallas, which first sparked Greene's interest in the condo-hotel space after successfully opening an adjacent condo tower to the hotel. Greene then took his experience at ZaZa to Starwood Hotel & Resorts as Senior Director of New Builds & Conversions for W Hotels Worldwide, where he opened the iconic W Dallas Victory, which featured the first residences under the W brand. Greene also managed the Hard Rock Hotel San Diego, a condo hotel located in the city's entertainment corridor.