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Brought together by a mutual investment partner, Andy Farbman, CEO of NAI Farbman and Mark Laport, President, CEO and Founder of Concord Hospitality Enterprises Company realized that individually their companies were recognized leaders in their respective sectors but together they could offer services unlike any competitor.
NAI Farbman
With over 30 years of industry experience, NAI Farbman is a full-service real estate organization and a recognized leader in providing commercial real estate receivership services. NAI Farbman currently operates in 9 states managing 20 million square feet of commercial space with more than 200 Employees. NAI Farbman has regularly been appointed Receiver by courts throughout the Midwest and East Coast spanning numerous property types.
Concord Hospitality Enterprises Company
Concord Hospitality, based in Raleigh, NC, brings over 25 years of hospitality experience and currently provides management services for 55 limited/select service and full-service hotels representing over 6,800 guestrooms and suites throughout the United States and two providences in Canada. Concord presently operates in 14 states with significant market presence in the Eastern, Midwest, Southeast, South regions of the U.S. Concord has a fully developed operating platform enabling the company to enter new markets and transition hotel assets into the Concord operating system with ease at low cost. Concord is an approved manager with all the major lodging brands with extensive relationships at multiple levels within these organizations. The company also operates an upscale, independent hotel.
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