HREC Capital Markets Team
Mike Armstrong is a Principal and co-head of HREC's® capital markets practice. A 30-year hotel industry veteran, Mike brings extensive experience in debt & equity financing, hotel real estate sales, development, acquisitions and hotel management to his leadership role with the company. Prior to HREC®, Mike was the founder and president of Neptune Hospitality Advisors where he directed the company's advisory activities, including hospitality transactional services, debt & equity raising services, and asset management services. Over his career, Mike completed over $2.5 billion in real estate sales and financing. Notable transactions for Mike have included a $100 million refinance of a 11-hotel portfolio in California, the $40 million refinance of the Sheraton Gunter Hotel in San Antonio, Texas, and acquisition financing of $60 million on the Le Meridian Hotel in Cancun, Mexico. A graduate of the University of North Texas, Armstrong holds a Bachelor of Business Administration degree with an emphasis in Real Estate and Finance.
Greg Porter is a Senior Vice President and dedicated mortgage and structured finance specialist within HREC’s capital markets practice. Greg is a +20 year commercial real estate finance veteran with extensive experience in fixed-rate, floating-rate and mezzanine lending with over $1.6 billion in financings completed. Greg owned and managed his own mortgage brokerage firm and held loan officer positions with lenders MC-Five Mile Capital, Merrill Lynch, and Bear Stearns dating back to 1997. Greg has extensive experience in single-asset and portfolio acquisition, refinance, and recapitalization financings applying senior, subordinate, and preferred equity strategies. Greg began his career as a commercial real estate appraiser with a regional appraisal firm and then as a Senior Real Estate Analyst with the Arthur Andersen real estate advisory practice in Los Angeles. Greg holds a Bachelor of Science degree in Business from the University of Southern California and is a licensed California Real Estate Broker.
John Siska is a 36- year veteran of the hospitality and resort industry. John brings the combined experience of hotel debt placement, investment sales brokerage and hotel and resort operations. He has facilitated over $250 million in hotel sales and debt assignments. Prior to joining HREC, John was Senior Vice President for O’Connell Hospitality Group and handled all debt projects within the group in the Northeast. He previously served as Managing Director for the Hotel Investment division for Bedford Capital Corporation, a Northeast Boutique Investment Banking firm providing debt exclusively to the hotel industry. John has completed numerous CMBS, Bridge, Construction, Acquisition and Refinancing transactions for his client base. He has extensive experience in investment analysis, debt re-structuring and strategic planning. Prior experience includes managing five full service hotels in the greater Boston metro area for Peabody Hotel Group and Fine Hotels. John is a graduate of the University of Massachusetts Hotel School and currently serves as an active member of the Hotel School’s Leadership Board.