Warnick Expands Development Management Practice to New York
Veteran Industry Expert Ted Brumleve to Lead New Practice
SCOTTSDALE, AZ, January 23, 2006. Rich Warnick, founding principal of Warnick & Company, announced today the formation of its new Development Management practice to be headquartered at the firm's New York office, also opening today in Manhattan. As part of the company's strategic plan, the Phoenix-based firm now has offices in Los Angeles, Chicago and New York.
Leading the Development Management practice in New York is industry veteran Ted Brumleve. On making the announcement, Rich Warnick said "We are very excited to welcome Ted to the firm. His reputation and depth of experience with high profile projects globally for over 30 years provides Warnick & Company clients with a superior talent and creative resource in development services. Ted's expertise completes the portfolio of advisory services offered by Warnick & Company, providing comprehensive support to principals and developers requiring full-service development capabilities."
Brumleve, who joined Rich Warnick in making the announcement, added: "Our new focus is a natural extension of Warnick's leading position as advisors to the hospitality market, with the Development Management group broadening the firm's array of professional support and management consulting services. Warnick & Company will now also provide project concept development; project programming, planning, budgeting and schedule management; design and consultant team orchestration; and construction and implementation phase management." Warnick added that the firm now has the capability to take a project from inception through final delivery and ongoing asset management.
Clients of the New York-based Development Management Services Group will be both international and domestic with several signature projects currently signed with Warnick & Company's new practice; further information will be announced as these projects become public. As with the firm's other services, Development Management will be focused on upscale hotels, resorts and multi-use projects containing a lodging element.
Warnick & Company is a consulting, asset management and investment banking company that specializes in the hospitality and recreational real estate industries founded in 1996.
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