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Rich Lillis | Colliers | Boca Raton

Rich Lillis

Executive Vice President

Rich Lillis is a leading expert providing strategic advisory services to clients on hotel and resort investment sales and financing in Florida, Eastern United States and the Caribbean. In the dynamic hotel investment market, Rich and his team provide valuable solutions to hotel owners and investors, developers, land owners, regional lenders and special servicers.  

As a frequent speaker at national hotel investment conferences ALIS, NYU and NABHOOD, Rich offers a unique perspective from his deep experience and diverse lodging background.   

Prior experience includes US Hotels Leader at Colliers, Miami practice leader at Horwath HTL, asset management at Ocwen Financial Corporation and hotel management positions at New Castle, Doral, Marriott International and Plaza Hotel. Rich earned his Bachelor of Science in Economics from State University in New York and is a Florida licensed real estate broker. Rich and his wife Maureen reside in Boca Raton, Florida.

Colliers is global leader in lodging investment services with 150 dedicated hotel professionals in the USA, Canada, EMEA and APAC providing transaction, financing, consulting and valuation services. 

+1 561 353 3640
+1 561 716 2228
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About Me

Rich Lillis is a leading expert providing strategic advisory services to clients on hotel and resort investment sales and financing in Florida, Eastern United States and the Caribbean. In the dynamic hotel investment market, Rich and his team provide valuable solutions to hotel owners and investors, developers, land owners, regional lenders and special servicers.  

As a frequent speaker at national hotel investment conferences ALIS, NYU and NABHOOD, Rich offers a unique perspective from his deep experience and diverse lodging background.   

Prior experience includes US Hotels Leader at Colliers, Miami practice leader at Horwath HTL, asset management at Ocwen Financial Corporation and hotel management positions at New Castle, Doral, Marriott International and Plaza Hotel. Rich earned his Bachelor of Science in Economics from State University in New York and is a Florida licensed real estate broker. Rich and his wife Maureen reside in Boca Raton, Florida.

Colliers is global leader in lodging investment services with 150 dedicated hotel professionals in the USA, Canada, EMEA and APAC providing transaction, financing, consulting and valuation services. 

Rich has extensive transaction and advisory experience with a wide variety of hotels and resorts. A sample of completed transactions is listed below:

  • Holiday Inn Resort Jekyll Island, Georgia
  • Residence Inn Cape Canaveral, Florida
  • Sea Crest Beach Hotel, North Falmouth, Massachusetts
  • Hampton Inn & Homewood Suites, Woburn, Massachusetts dual-brand development
  • Quality Inn & Suites, Cocoa Beach, Florida
  • DoubleTree Hotel, Plymouth Meeting, Pennsylvania
  • Quality Inn Hotel & IHOP Restaurant, West Palm Beach, Florida (2016 and 2022)
  • Hampton Inn & Suites, Destin-Sandestin, Florida
  • Beachview Club Hotel, Jekyll Island, Georgia (2013 and 2017)
  • Wyndham Riverwalk Hotel, Jacksonville, Florida
  • Waterfront Hotel Development Site, Pompano Beach, Florida
  • Cocoa Beach Oceanside Inn, Florida
  • Bridgeside Hotel Development Site, Charleston, South Carolina
  • Camden Resort, Lake Ozarks, Missouri
  • Old Kinderhook Resort, Camdenton, Missouri
  • Hampton Inn & Suites Newtown, Yardley, Pennsylvania
  • Hilton Garden Inn, Tampa, Florida
  • Comfort Inn, Plant City, Florida
  • Holiday Inn Express, Jacksonville, Florida
  • Inn on the Beach, Daytona Beach, Florida
  • Country Inn & Suites, Omaha, Nebraska
  • Guesthouse Hotel, Nashville, Tennessee
  • Boise Hotel & Conference Center, Boise, Idaho
  • Canoa Coral by Hilton, Bayahibe, Dominican Republic
  • Guavaberry Golf and Country Club, Juan Dolio, Dominican Republic
  • Hamaca Coral by Hilton, Boca Chica, Dominican Republic
  • Marien Coral by Hilton, Puerto Plata, Dominican Republic
  • Resort Development Site, Rodney Bay, St. Lucia West Indies

Property Type

Hotels

Services

Capital Markets

Skills

Bank REO, Investment Properties, Resorts, Land Sales

Specializations

Hotels, Golf Course Advisory Group

  • New Castle Hotels & Resorts
  • The Cherry Cove Group
  • LG International USA
  • LNR Partners
  • Hudson Advisors - Lone Star Funds
  • Delaware North Corporation
  • Eightfold Capital
  • Ocean Partners
  • Rio Partners
  • Valley View Bank
  • Pacifica Companies
  • Marx Realty
  • Benenson Capital Partners
  • Torchlight Investors
  • Madison Properties LLC
  • CW Capital

Education

  • BS in Economics with honors, State University of New York
  • Licensed Florida real estate broker

Memberships & Involvements

ULI - Florida Hospitality & Leisure Product Council

How I can help

Capital Markets

Your Colliers expert will provide you with a full complement of services and specialties, including investment sales, debt and equity placement, market research, valuation and appraisal and transaction management services.

Colliers hotels experts utilize their unsurpassed savvy and vast connections to provide strategic solutions to our investors in all hotel and resort asset classes.

Our deep understanding and insight into golf course disposition, paired with our expert appraisal and property marketing strategies, allow owners to rest assured that Colliers will execute their business goals and add value throughout the process.

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Featured News

Aug 13, 2020

Mid-Summer Hotel Capital Markets Update

The COVID-19 pandemic has brought unprecedented disruption to the U.S. lodging sector. Travel restrictions, quarantines and global air travel pullback have rocked hotel fundamentals. How will that disruption affect both recovery and hotel investors?
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Sep 11, 2018

Colliers International Hotel Group Brokers Sale of Cocoa Beach Hotel

As Florida’s Space Coast continues to exhibit a vibrant and dynamic economy, the Colliers International Hotels team of Rich Lillis and John Wijtenburg closed this week on the sale of the Quality Inn & Suites located in the heart of Cocoa Beach. The sale of the 170-key midscale hotel from long-time owner Crossway Inn, Inc. to buyer CB Hospitality LLC highlights the expanded interest for hotel assets in secondary and tertiary Florida markets.
Read More
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Rich Lillis | Colliers | Boca Raton

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