Phoenix American Hospitality, a Dallas-based hotel fund manager, has hired Art Miller as its regional vice president of sales for the East Coast.
With more than 25 years in the financial services industry, Miller has experience marketing, distributing and consulting on alternative investments, private placements, separate accounts, annuities and mutual funds.
Most recently, Miller served as a wholesaler and senior regional vice president for Lightstone Group, and has held similar roles at Provasi, SunAmerica Mutual Funds, and Curian Capital where he covered wirehouse and independent brokers-dealers. Miller also served as a financial advisor within the independent and banking industry for four years.
“We are delighted to add Art to our Phoenix American team,” said W.L. “Perch” Nelson, chief executive officer of Phoenix American Hospitality. “Art has proven his success through a combination of his vast knowledge and his passion for financial services and will be a huge asset for our company and partners.”
Phoenix American Hospitality invests in hotel properties that provide cash flow and value-added opportunities for the company. The company targets properties that have one or more of the following characteristics: strong cash flow history, located in urban markets with a business travel focus, strong brand affiliation, competitive barriers to entry, acquired at below replacement cost, and are competitively positioned in the submarket.