Governance: MHI Hospitality Names General Counsel
June 14, 2010 (FinancialWire) — MHI Hospitality Corp. (NASDAQ: MDH) has hired Patrick V. Fiel, Jr. as vice president and general counsel. He will be responsible for overseeing the corporation's legal and corporate compliance requirements. Fiel most recently acted as assistant general counsel for Bank of America (NYSE: BAC), providing legal coverage for the Global Corporate & Investment Banking, Global Mortgage Products and Corporate Treasury groups, and specifically advised in the areas of mortgage finance, structured products and securitization.
Virginia-based MHI Hospitality is a lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper upscale full-service hotels in the Mid-Atlantic and Southern United States.
Currently, the company's portfolio consists of investments in eleven hotel properties, nine of which are wholly-owned and comprise 2,110 rooms. All of the company's wholly-owned properties operate under the Hilton, InterContinental Hotels Group and Starwood Hotels and Resorts brands.
MHI also has a 25 percent interest in the Crowne Plaza Hollywood Beach Resort and a leasehold interest in the common area of Shell Island Resort, a resort condominium property.
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