Professional Profile: Richard Mandel 2004

Richard Mandel - 2004

Name: Richard Mandel - 2004

Title: President

Company: Ramsfield Hospitality Finance

Location: 375 Park Ave., NY, NY

Birthplace: Jersey City, 1962

Family: Wife and 2 daughers Collge: Washington University, St. Louis, MO First job outside of finance: Procter and Gamble – selling Tide What do you do now and what are you planning for the future: Ramsfield Hospitality Finance is an investment firm set up to provide mezzanine financing for hotel owners and investors. The company arranges subordinate loans ranging from $3 million to $12 million on properties in major U.S. markets that are valued from $15 million to $60 million. Ramsfield will soon be starting a new investment vehicle to purchase real estate in the New York metro area south down to Washington, D.C. and Virginia Hobbies: Travel Favorite book: “Catch 22” by Joseph Heller Favorite movie: “Annie Hall” Person you most admire (outside of family): John Boyer, my college finance professor who taught me the princples of investing Keys to success: Always look for undervalued assets. Try to go against the herd. Treat people well and honestly If you had to choose another vocation what would it be: Sushi chef