Our Executive Team
Ken Hamlet
Ken Hamlet former CEO of Holiday Inns Inc. then the largest hospitality company in the world with more that 4500 hotels located in 53 countries across the globe. Our hotel brands were Hampton Inns, Embassy Suites, Homewood Suites, Holiday Inn and our sister brand was Harrah’s the gaming company. I have joined the partnership of Green Hospitality Partners with the sole purpose of acquiring hotel assets in the 3+ to 4 star category who are in need of either re -positioning, or re -branding and or capital. Our firm consisting of Robert Arbour and Arthur Cormier have more than 65 years of experience in real estate acquisition and dispositions and alternative uses of properties.
Arthur Cormier
Art Cormier is an accomplished entrepreneur, having created and led several successful ventures since graduating from the University of California at Berkeley in 1983 with a degree in mechanical engineering.
Early in his career, Cormier played a key role in the development of disk drives at Kodak where he specialized in the design and testing of magnetic recording heads. With this experience, Cormier went on to found the disk drive testing technology firm Phase Metrics and acquired eight additional data storage test equipment companies in partnership with DLJ Merchant Banking Partners. In 1995 Morgan Stanley and several other tier 1 investment bankers estimated that Phase Metrics would have a public valuation in excess of a billion dollars.
Cormier’s next venture was the acquisition in 1999 of Celergy Networks, which provided installation and support services for voice and data systems to a wide variety of major firms, including WalMart, Target, American General Finance and HSBC. At Celergy he led the development of a proprietary management software application, known as Advantage which was used to manage more than 3,500 subcontractors across the US and Canada. Cormier closed Celergy during the economic downturn, but retained an interest in the assets, which are currently being licensed to 4Liberty, where he serves on the board of directors.
Drawing on his background in engineering and finance, Cormier is now leading a global growth effort for Griswold Water Systems, a manufacturer of water treatment systems and is expanding the firm into hydroponics and aquaponics. Recently, Cormier founded OnPACE Energy Systems, becoming a California PACE (property assessed clean energy) administrator to facilitate the financing of renewable energy and energy efficiency financing.
Cormier is a Marine Corp veteran, member of the World Presidents Organization and former member of the Young Presidents Association and The Executive Committee
Linda Cormier
Linda Cormier is a finance and economics professional with 35 years of high-level experience. She obtained a PH. D. from the University of California San Diego and her B.S. in Economics (magna cum laude) at the University of the Pacific.
Cormier has served as an economist with the Federal Reserve Board of Dallas, as a private economics consultant, a visiting scholar, a community service volunteer, a project manager and as CFO for Phase Metrics and 4Liberty. She has developed numerous financial models and systems to monitor and control all aspects of financial management, from day to day management to complex what if analysis and budgeting.
Robert Arbour
Robert Arbour has been engaged in a wide variety of real estate endeavors since 1979. Starting in leasing and sales to industrial and office occupants with the David Houston Company provided a base of “bricks and mortar” understanding of the business. He subsequently became the acquisition director for Pan American Properties, the British Coal Miners’ Pension Fund’s United States real estate program in New York.
Since 1983, Mr. Arbour has been a self-employed real estate broker and advisor, being a licensed California real estate broker since 1988. He has completed a wide variety of realestate transactions, which sought to maximize property value with structured funding. He has consulted to NYSE and Fortune 500 companies; completed letter of credit backed lower floaters with and without collars; zero coupon residual value financing for corporate and individual needs; high leverage transactions for partnership issues; corporate structures involving detailed understanding of FASB rules; loans with life
companies, banks, thrifts, and conduits; and numerous exchanges.
Mr. Arbour has represented buyers and sellers including Wachovia Securities, Sumitomo Mitsui Bank Leasing and Finance, CRIC Capital, Mesirow Net Lease, Fleetwood Enterprises, Zurich Structured Finance, American Retirement Corp., and numerous high
net worth individuals. During the past 16 years, Mr. Arbour has been the president and sole shareholder of Triple Net Equities, Inc., which specializes in credit net leased real estate sales. Mr. Arbour has successfully closed transactions with a total sales price in excess of $750,000,000. He has served as nominee owner for 3 properties acquired by Fleetwood. Mr. Arbour has served as special manager for a pool of Walgreen Stores on behalf of Wachovia Securities. In addition, Mr. Arbour has served as special manager for three unrelated single member limited liability companies, none of which has been involved in
any bankruptcy activities.