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Mr. Medzigian is Chairman and Managing Partner of Watermark Capital Partners, LLC (“WCP”), a leading real estate investment management firm, and is also Chief Executive Officer of Watermark Lodging Trust Inc. (“WLT”).  WLT was formed by the merger of Carey Watermark Investors Inc., and Carey Watermark Investors 2 Inc., publicly-registered Real Estate Investment Trusts, for both of which Mr. Medzigian served as Chief Executive Officer and a Director since their inception.  His investing activities have encompassed all major real estate property and company types, and have been focused on complex assets that benefit from demographic shifts, strategic marketing, and value-creation and repositioning initiatives, including lodging, golf and recreation, resort residential, and mixed-use projects.  Over his career Mr. Medzigian has overseen over $18 billion of real estate investments and is recognized for his integrity and for delivering superior risk-adjusted returns to his investors.

Prior to forming WCP and later WLT, Mr. Medzigian oversaw some of the largest real estate private equity firms in the world.  He was President and CEO of Lazard Freres Real Estate Investors and a Managing Director of Lazard where he was recruited to oversee the repositioning of a real estate opportunity fund operation including five discretionary equity funds with $3 billion of committed capital and a $7 billion portfolio of holdings in the U.S. and Europe that included ownership in 12 operating companies in the office, industrial, retail, lodging, senior living, rental and for-sale residential, and land development sectors; and ownership in a provider of mezzanine, structured debt and net lease finance.  While at Lazard, Mr. Medzigian chaired the Investment Committees for each of the Lazard Real Estate Funds.  He was previously a Founding Partner of Olympus Real Estate Corporation, the real estate fund management affiliate of Hicks, Muse, Tate & Furst, which during his tenure, successfully invested over $3 billion in a broad range of real estate holdings.  Earlier in his career, Mr. Medzigian founded and was National Director of the Hospitality Consulting Practice at Deloitte, and he held various management positions with Marriott Corporation.

Boards and Memberships

Mr. Medzigian is a Director of the American Hotel & Lodging Association, serves on its Hospitality Investment Roundtable which he previously chaired, and is a member of its Industry Real Estate Financing Advisory Council.  He also serves on the Marriott Owner Advisory Council.  He is active with his alma mater serving or having served on the Cornell University Council, on the Dean’s Advisory Board for the Cornell School of Hotel Administration, and as a Founding Member of the Cornell Center for Real Estate Finance Industry Fellows.  He has also been on the panel of judges of the Radical Innovation in Design competition each year since its inception. Mr. Medzigian has served as Chairman and a Director of Atria, Inc., Chairman and a Director of Kapson Senior Quarters Corp., President, CEO and a Director of Park Plaza International, President, CEO and a Director of RockResorts, Chairman of The Urban Land Institute Hotel Development Council, and as a Director of American Apartment Communities, the American Seniors Housing Association, Arnold Palmer Golf Management, the Assisted Living Federation of America, Dermody Properties, iStar Financial (NYSE: SFI), Kemayan Hotels and Leisure (Australian ASX), and the Rubenstein Company.

Education

Cornell University School of Hotel Administration, Bachelor of Science

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