Timothy Grisius

Biographie : April 08 Timothy J. Grisius 4460 Greenwich Pkwy. NW Washington, DC 20007 (202) 625-7029; Office: (301) 380-6254 Experience 2006-present MARRIOTT INTERNATIONAL, INC. Washington, DC Senior Vice President, Lodging Development " Identify Ritz-Carlton and Marriott mixed use development transactions in North America, Central America and the Caribbean that include hotel, residential, commercial, golf, marina and casino. " Develop the business plan and economics for projects. " Raise third-party equity from investors to develop projects through joint venture ownership structures. " Present transactions to internal committees to approve Marriott's equity investment of 25%-50%. " Raise construction financing for joint ventures. " Structure and negotiate all transaction documents. 1999-2005 Project Finance Washington, DC Vice President " Structured and negotiated investments in full-service and limited-service hotels being developed by outside owners (equity, senior debt, mezzanine debt and credit enhancements) totaling $1B. " Negotiated and closed the sale and subsequent manageback of $1.8B in company-owned hotels and senior living communities. " Responsible for raising equity and debt for joint venture timeshare deals. " Sold the stock in Marriott Senior Living Services for $350M, and renegotiated management agreements and credit facilities with owners in order to sell the business. " Negotiated management contracts and development agreements for new hotels. " Restructured existing contracts with owners and lenders related to the sale of assets and workouts. 1998-1999 Marriott Vacation Club International Director, Financial Planning & Analysis " Led numerous acquisition teams that attempted to grow the business by acquiring another timeshare company. " Structured deals that involved acquiring sites and developing resorts using corporate financing. " Worked with our mortgage bank that originated $500M in loans annually to maximize the profitability of the portfolio. Analyzed variables such as rate, term, deposits, delinquencies, defaults and servicing costs. " Participated in task forces that analyzed sales & marketing costs, operations at under-performing resorts and Latin American operations. 1996-1998 Financial Planning & Analysis Manager " Evaluated acquisition targets for timeshare and senior living services businesses by valuing the companies and performing due diligence. " Consolidated the Company's 5-year financial plan. " Calculated divisional hurdle rates. " Assisted the Treasury Department in consolidating European cash management, securitizing timeshare mortgages and creating rating agency presentations. " Reviewed capital requests, budgets and business plans for the timeshare division. 1992-1994 KPMG PEAT MARWICK Washington, DC Senior Accountant, Audit Department " Provided auditing services for various businesses including preparation of audited financial statements and related disclosures. " Performed audit fieldwork for clients in various industries such as commercial, financial institutions, and not-for-profit associations. " Supervised staff by planning, reviewing and evaluating work. " Demonstrated working knowledge of industry specific accounting and specialized audit areas including investments, pensions, leases, insurance reserves and internal controls. Education CORNELL UNIVERSITY Ithaca, NY Johnson School of Management Master of Business Administration, May 1996 Concentration: Finance GEORGETOWN UNIVERSITY Washington, DC School of Business Administration B.S., Major, Accounting; Minor, Theology, May 1992 Certifications Certified Public Accountant Interests Triathlons, biking, running, weightlifting, DC Cares