Jim Alderman Rejoins Kimpton as Senior Vice President, Acquisitions and Development
SAN FRANCISCO (August 1, 2013)?- San Francisco based Kimpton Hotels & Restaurants today announced the appointment of Jim Alderman as Senior Vice President of Acquisitions and Development based in Atlanta. In this new role, Alderman will be responsible for corporate development and growth initiatives in the eastern half of the U.S., along with other development and acquisition projects across the brand.
As a seasoned real estate, private equity finance and development veteran, Alderman brings more than 30 years of experience working with such top hospitality brands as Starwood Hotels & Resorts, Wyndham, Bristol Hotels and Holiday Inn Worldwide. Most recently, he served as a principal for Access Point Financial, and previous posts have included Executive Vice President, Global Development for the Wyndham Hotel Group and Executive Vice President of Hotel Development for Starwood Capital, as well as serving as a senior vice president for Kimpton from 2005-2007.
“We’ve seen firsthand and from afar what Jim can do in our industry, and we are excited to have him back to expand upon our current growth objectives,” said Joe Long, Chief Investment Officer and Executive Vice President of Acquisitions and Development for Kimpton. “He brings a wealth of knowledge and experience in the hotel deal-making world. Having him at Kimpton will strengthen our corporate development initiatives for the years to come.”
“It’s been interesting to see Kimpton make strides over the past few years toward thoughtful expansion into more of a player in the resort sector to complement its urban, chic boutique core competency,” said Alderman. “It’s a perfect time to return to the brand and bring my experience in these areas to support this growth.”