{"id":1004442007,"date":"2020-05-15T05:58:49","date_gmt":"2020-05-15T13:58:49","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004442007"},"modified":"2021-05-10T02:05:49","modified_gmt":"2021-05-10T10:05:49","slug":"cbre-welcomes-new-orange-county-evp","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cbre-welcomes-new-orange-county-evp\/","title":{"rendered":"CBRE Welcomes New Orange County EVP"},"content":{"rendered":"
\"\"<\/a>

Michael DiPrima, Executive Vice President, CBRE Hotels. Image courtesy of CBRE<\/em><\/p><\/div>\n

CBRE has selected industry veteran Michael DiPrima as executive vice president for CBRE Hotels. He will focus on investment sales in the Western U.S., sourcing debt and equity placements. He will be based in the Newport Beach, Calif., office. <\/p>\n

DiPrima brings 15 years of experience to the new position. He began his career at Hodges Ward Elliott and, prior to joining CBRE, served as managing director since opening the company\u2019s Los Angeles office in 2015. His most representative transactions include the sales of Bacara Resort and Spa in Santa Barbara, Calif., while notable financing includes the Pasea Resort and Spa in Huntington Beach, Calif., and the Lido House – Autograph Collection in Newport Beach. DiPrima received a bachelor of arts from Pepperdine University.   <\/p>\n

In the first-quarter survey of the hospitality sector<\/a>, CBRE notes a 41.2 percent fall in hotel demand due to the current health crisis. Luxury hotels were the hardest hit, with occupancy dropping to less than 10 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"

Michael DiPrima will handle investment sales, as well as sourcing debt and equity placements for CBRE Hotels. <\/p>\n","protected":false},"author":1269,"featured_media":1004442013,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21751,21742,34267,21744,15],"tags":[32789,38787],"class_list":["post-1004442007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hotel","category-latest","category-orange-county","category-people","category-west","tag-cbre","tag-hodges-ward-elliott"],"acf":[],"yoast_head":"\nCBRE Welcomes New Orange County EVP - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cbre-welcomes-new-orange-county-evp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBRE Welcomes New Orange County EVP\" \/>\n<meta property=\"og:description\" content=\"Michael DiPrima will handle investment sales, as well as sourcing debt and equity placements for CBRE Hotels.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cbre-welcomes-new-orange-county-evp\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-15T13:58:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-10T10:05:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/Michael-DiPrima-Headshot-e1589543097487.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1732\" \/>\n\t<meta property=\"og:image:height\" content=\"1298\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"the Editors of Commercial Property Executive\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-welcomes-new-orange-county-evp\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-welcomes-new-orange-county-evp\\\/\"},\"author\":{\"name\":\"the Editors of Commercial Property Executive\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1b82b91678533ae5d40e3240086a42bb\"},\"headline\":\"CBRE Welcomes New Orange County EVP\",\"datePublished\":\"2020-05-15T13:58:49+00:00\",\"dateModified\":\"2021-05-10T10:05:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-welcomes-new-orange-county-evp\\\/\"},\"wordCount\":185,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-welcomes-new-orange-county-evp\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/05\\\/Michael-DiPrima-Headshot-e1589543097487.jpg\",\"keywords\":[\"CBRE\",\"Hodges Ward Elliott\"],\"articleSection\":[\"Hotel\",\"News\",\"Orange County\",\"People\",\"West\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-welcomes-new-orange-county-evp\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cbre-welcomes-new-orange-county-evp\\\/\",\"name\":\"CBRE Welcomes New Orange County EVP - 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