Ted Torres

Company: CREDE

Position: Managing Director

Bio

Ted J. Torres, CHA, ISHC, is a Managing Director of Crede Development Advisors. Born in Milwaukee, Wisconsin to a first-generation corporate hotelier, Ted has literally been in the hotel business his entire life. His responsibilities and specialty with Crede are Development Advisory for a variety of clients and joint venture partners assisting them to create value through developing visions into concrete plans and full concept development for their current asset portfolios. A lifelong hotelier, Mr. Torres has built, owned, operated, renovated, repositioned and consulted on numerous hospitality projects in his 35+ years of professional experience.

He has been responsible for the development of over 9,000 hotels rooms both Domestically and Internationally for all major hotel franchise companies. Currently, in his capacity as Managing Director he is responsible for the strategic acquisition and development of new hotel and multifamily development advisory opportunities in the United States. Working with key executives at the most recognizable brand names in the hospitality industry, as well as best in class third party hotel operational management companies, on behalf of our clients the company is currently redeveloping multiple adaptive reuse projects for conversion to unique upscale hospitality assets, development of luxury multifamily beachfront assets in southern California, and developing ground up branded boutique and luxury convention center hotels across the breadth of the United States.

He has consulted domestically and internationally on numerous hospitality projects and possesses excellent relationships with key executives at major hotel franchise companies in the industry, such as: Global Hyatt, Hilton Hotels, Intercontinental Hotel Group, Best Western International, Marriott International, and Wyndham Hotel Group. He also possesses exceptional relationships with C suite executives at the largest and best in class hotel operating company, Aimbridge Interstate Hotels.

He is a Certified Hospitality Administrator, the hotel industry’s highest professional designation, and has served on franchise advisory boards for three Major Hotel Companies. He has served as a speaker and conference advisory board member for the Multi Unit Franchise Conference for over ten years. He is also an advisory board member and speaker for the European Master and Multi unit conference and the International Franchise Association. He has become a member of ISHC, the International Society of Hospitality Consultants.


Mission Statement

CREDE's team has developed or repositioned thousands of assets nationwide. As both Developers and Project Managers, we are uniquely positioned to support our clients throughout an asset’s entire life cycle. Our mission is construction oversight by optimizing its physical attributes and operational performance. With vast and diverse development and operational experience, as well as national and local market knowledge and relationships, CREDE is a true Real Estate Development company whose team brings vision, creativity, collaboration, and the ability to execute every project, regardless of the size, type, location, or stage of the project.


Geographic Areas

United States, Europe, Mexico, South America


Expertise

CREDE is a National Real Estate Development and Project Management Firm. With two distinct divisions in Development and Project Management (Owner's Representation), CREDE’s seasoned professionals provide clients and partners with on-the-ground guidance and expertise to efficiently execute all aspects of the development or redevelopment process.


Professional Memberships

AHLA, MUFC, IFA, IMUFC


Speaking Engagements

Multi Unit Franchise Conference - 2013, 2014, 2015, 2018, 2019. International Franchise Conference - Vienna, 2020. The Lodging Conference - 2015, 2016



Representative List of Clients

The Arnold Family Companies, Caliber Companies, Starpoint properties, American Group, Sunstone Hotels, RMR Group, Clearsky Capital, JC Resorts.


Education

Arizona State University - Bachelor of Science Finance. Educational Institute of the AHLA - Certified Hospitality Administrator.


Past Experience

British Colonial Hilton, Nassau - Renovation. The Kelly Hotel, a Hilton Tapestry Collection, Birmingham, Alabama - Adaptive Reuse from a historical office building. Outrigger Kona Resort and Spa, Kona, Hawaii - Renovation. Continental Building - Downtown Los Angeles, Adaptive Reuse to 172 key boutique lifestyle hotel. 4 Wyndham branded hotels - new construction, Austin and San Antonio, Texas. Renaissance Hotel Long Beach, California - renovation and conversion to a full service Marriott hotel. Crowne Plaza Hotel, Niagara Falls, NY, renovation. Hilton Fisherman's Wharf, San Francisco, California, conversion and renovation to full service hotel. Hilton Garden Inn, Rancho Bernardo, California, new build construction. Cal-Neva Resort and Spa, North Lake Tahoe, renovation. Hilton hotels, multiple locations, Russia - entitlements and new construction. Wyndham hotels, multiple location Peru and Chile - entitlements and new construction. Holiday Inn Select, Salt Lake City, Utah - renovation. Residence Inn - Hawaii. Adaptive reuse conversion from office tower to extended stay hotel. Additionally, outside of hospitality new construction on multifamily projects, self storage projects, industrial projects, and horizontal land development.