USA, Atlanta, Georgia. July 22, 2020

Songy Highroads (SHR), an Atlanta-based commercial real estate firm, announced today that it is promoting co-founder Todd W. Nocerini to President. Nocerini will continue to serve as Chief Operating Officer while taking on new responsibilities in his new role. That includes overseeing all of the development, management and leasing of Songy Highroads' company-owned and third-party properties in North America.

"Nocerini has always embodied our mission and values here at Songy Highroads," said SHR Chairman & CEO David Songy. "He has had a lasting impact on this organization, and as we continue to grow our portfolio, we are confident that Nocerini will continue to contribute to the quality and innovation that we are known for."

Nocerini joined David B. Songy and Perry M. Waughtal in 1994 from Barker-Patrinely Group, Inc., and began his career at Cushman & Wakefield in Miami. His experience and expertise in all aspects of property management, leasing, and tenant construction made him an appealing partner to both Songy and Waughtal, as they looked to acquire and develop institutional-quality real estate and expand their services to the hospitality sector. In 2010, Songy, Waughtal and Nocerini turned their ongoing joint ventures into what is now SHR.

"After joining forces with Songy and Waughtal twenty-six years ago, I knew these were the people I wanted to grow both personally and professionally with," said Nocerini. "I've been blessed in my career to have worked alongside some of the best talent in the industry and look forward to leading the amazing organization we have built together."

Today, SHR has completed more than $1.5 billion in acquisitions and developments. Under Nocerini's management, SHR recently completed one of its most notable projects, the Margaritaville Lake Resort, Lake Conroe - the first Texas-based resort in the Margaritaville portfolio. This full-scale renovation and rebranding was completed in only 12 months, coming in under budget. Prior to the Margaritaville project Nocerini oversaw a number of key SHR developments including the ground-up development of the Hyatt Place Centennial Park in Atlanta and the Hyatt House Nashville, Tenn., both of which were 50 percent joint ventures with Hyatt Hotels Corporation.