Jay Berlinsky
The company principals are Thomas J. Hutchison III, Legacy founder and chairman, and former CEO of CNL Hotels & Resorts Inc.; Jay Berlinsky, president and CEO, and former vice president of CNL Realty & Development Corp.; and David F. Urban, senior vice president of planning, and former vice president of capital planning at Pyramid Advisors as well as being a former planner at CNL Hotels & Resorts.
Thomas J. Hutchison
Hutchison says he is not dismayed by the current economic times.
"Our team has invested our entire careers in capitalizing on down cycles, with a credible track record of creating tremendous value for our clients," he says.
"From capital sourcing to strategic repositioning, we bring first-hand experience, innovative solutions and collaborative transactional expertise, with an ability to achieve win-win relationships in every facet of the business."
The firm is undertaking a multiple hotel project in Orlando, located along the Western Beltway at the new entrance of Walt Disney World. Hutchison says details of that project and other major projects will be announced in the coming months.
As the former CEO at CNL Hotels & Resorts, Inc., Hutchison was responsible for building the hotel REIT from $250 million to $7.2 billion during a seven-year period before selling the company to Morgan Stanley in April 2007.
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