Britten Shuford is Co-Founder of PRG Hospitality Group LLC and PRG Investment & Management, Inc. He joined the predecessor company, Pacifica Capital Group, in 1998. He began leading the organization in 2005 with the late co-founder and was the co-principal of the firm. He has orchestrated more than $1 billion in commercial real estate transactions in the course of his career totaling over 8 million square feet. Mr. Shuford was acting Managing Partner of Pacifica Colony Palms LLC, which developed, owned and operated the Colony Palms Hotel in Palm Springs. Since 2008, he has also been active in the ownership and management of other boutique hotels in California as well as expanding the PRG Hospitality platform.
In 2015, Real Estate Forum Magazine named Mr. Shuford to its “Top 40 Under 50” in the US List. He was the youngest member ever elected to the Board of Directors of the AIR Commercial Real Estate Association, the largest organization of its kind in the United States. Mr. Shuford was the youngest member ever admitted to the Los Angeles Chapter of SIOR.
Mr. Shuford earned his Bachelor’s Degree in Business Administration from Loyola Marymount University. In addition to his primary charitable focus of assisting children in inner city communities, Mr. Shuford serves on the Board of Directors of the Steven Ohren Foundation with a mission to assist elderly individuals in need of medical care and lacking financial means.
David Dittmer is Co-Founder of PRG Hospitality Group LLC and PRG Investment & Management, Inc. He joined the predecessor company, Pacifica Capital Group, in 2005 and was actively involved in the development and operation of the Colony Palms Hotel in Palm Springs, California. He possesses extensive experience within the boutique hotel sector.
Under the late Steven Ohren’s leadership, Mr. Dittmer was engaged during the construction and opening phases. Shortly after the Colony Palms’ full opening in early 2008, Mr. Dittmer was appointed General Manager of the property and became employed by the hotel. Under Mr. Dittmer’s General Management leadership, Colony Palms Hotel established worldwide prominence including accolades such as Worldwide “Hot List” status by Condé Nast and comparable status by Travel + Leisure Magazine. In addition, Mr. Dittmer was instrumental in developing the Colony Palms’ yield management strategies and principles, resulting in superior performance relative to the national boutique sector. Despite a limited room count, Mr. Dittmer’s deep focus on the fundamental economics in hospitality management resulted in the Colony Palms Hotel surpassing national averages in key profitability metrics.
He graduated from UC Berkeley with a Bachelor’s degree in Legal Studies and was Valedictorian of the department. He received Highest Honors from the University and was also nominated to Phi Beta Kappa.
CLIFFORD LORD, JR.
Clifford (“Kip”) Lord is Co-Founder of PRG Hospitality Group LLC and PRG Investment & Management, Inc. He joined the predecessor company, Pacifica Capital Group, in 1995 and was actively involved as a lead partner in the acquisitions, asset management and ultimate disposition of the firm’s 4 million square foot Southern California commercial real estate portfolio.
In 1997, Mr. Lord founded Pacifica Capital Gestion, (“PCG”), a Madrid, Spain based affiliate to invest in Spain. In 2001, PCG in partnership with Apollo Real Estate and via a complex land assemblage, entitled 200 acres of land for mixed-use development in the City of Madrid. In 2006 PCG in partnership with several municipalities and multiple landowners, assembled four additional projects in Spain totaling 1,400 acres of land zoned for retail and industrial use.
Mr. Lord continues to serve as PCG’s Managing Director and oversees its real estate and private equity interests. Mr. Lord is a graduate of the University of California, Santa Barbara. He attended the University of Madrid in 1977-1978 and speaks fluent Spanish.