Global Dimension Capital is composed of seasoned hotel, real estate and investment professionals that have over 80 years of experience and have conducted over $40 billion in real estate deals. Their astute expertise in the hospitality and real estate industries is invaluable in determining and acquiring investment opportunities that meet their criteria.
Neil Labatte – Principal – Global Dimension Capital
Neil Labatte has a 27-year track record of success in asset building and value creation. Neil led the Fairmont Hotels & Resorts acquisition, development and real estate activities until 2004 when he became full time CEO of Legacy Hotels, Canada’s largest REIT. Neil led the REIT through a privatization process, which saw the REIT privatized in September 2007 in a $2.5 billion transaction. During his tenure as CEO, unit holder value increased by 100%. At both Fairmont and Legacy Neil was responsible for over $6 billion of real estate assets and transacted financings both in the capital markets and at the project-specific level.
Prior to joining Fairmont, Neil was a founding partner in AEW Mexico, a private equity firm in partnership with two large US-based real estate and public company investment managers. Prior to joining Fairmont and forming AEW Mexico, Neil was involved in US$40 billion of financing institution work-outs, loan restructurings, and financial institution sales and mergers. Neil began his real estate career in 1982 in Salt Lake City and was a Vice President for Investment and Consulting at Salt Lake City-based Wallace Associates.
Neil Labatte is on the Board of the Hotel Association of Canada.
Neil holds degrees in Master of Science, Finance and Bachelor of Science, Finance, Magna cum Laude from the University of Utah. Neil also attended Brown University and played professional hockey for five years with the Salt Lake City Golden Eagles and the St. Louis Blues.