During his career, Mr. Hercher has advised clients on in excess of $40 billion of transactions including the acquisition, financing or recapitalization of more than 100 separate hotel, resort, and lodging portfolios, totaling in excess of $25 billion and located throughout North America, Europe, and the Caribbean. He also has extensive experience with gaming, retail, office and residential properties. Representative luxury hotel and/or gaming transactions arranged by Mr. Hercher include:

• Plaza Hotel (New York), sale
• Four Seasons Hotel (New York), sale
• Regent Beverly Wilshire (LA), sale
• Plaza Athenee (New York), buy-side advisory & asset management
• Highland Hospitality Corporation, recapitalization
• Raleigh Hotel (South Beach), renovation financing
• J.W. Marriott Resort & Casino (Las Vegas), senior financing
• Princess Resort & Casino (Bahamas), sale and senior financing

Mr. Hercher has been a member of numerous industry groups, as well as being registered with FINRA as a Series 24 Securities Principal. He is a regular speaker at industry events including speaking at the Federal Reserve Bank and has contributed to articles in publications such as the Wall Street Journal, New York Times, Hotel Business, Bloomberg, REFI, and Real Estate Forum. He currently resides in Westchester County and is an avid skier, diver, sailor, and runner (completed 2011 NYC Marathon).