February 21 - March 6, 2017

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Professional Profiles

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Professional Profile: Richard Mandel 2000

About

  • Title: President
  • Company: Ramsfield Hospitality Finance
  • Location: 375 Park Ave., New York, NY
  • Birthplace: Jersey City, 1962

Family: Wife and 2 daughters

College: Washington University, St. Louis, Mo.

First job outside of finance: Procter and Gamble-selling Tide

First job in finance or allied field: Jones Lang Wootton-investment sales broker

What do you do now and what are you planning for the future: Ramsfield Hospitality Finance is an investment firm set up to provide mezzanine financing for hotel owners and investors. The company arranges subordinate loans ranging from $3 million to $60 million. Ramsfield will soon be starting a new investment vehicle to purchase real estate in the New York metro area south down to Washington, D.C. and Virginia.

Hobbies: Travel

Favorite book: “Catch 22” by Joseph Heller

Favorite movie: “Annie Hall”

Person you most admire (outside of family): John Boyer, my college finance professor who taught me the principles of investing

Keys to success: Always look for undervalued assets. Try to go against the herd. Treat people well and honestly.

If you had to choose another vocation what would it be: Sushi chef