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Cornellians in Private Equity

Martin Kandrac

B.S.

Executive Vice President
FRHI Hotels & Resorts (London, UK)

Background

Mr. Martin Kandrac is the Executive Vice President, Real Estate & Development at FRHI Hotels and Resorts. He is based in London. Prior to this position, Mr. Kandrac was a Managing Director at Blackstones Real Estate Advisors. He previously served as a Principal at the firm. Mr. Kandrac was also an Investment Adviser at The Blackstone Group, Private Equity Group. Mr. Kandrac has been involved in hotel acquisitions in Europe and portfolio acquisitions in Germany and hotel acquisitions throughout Europe. Before joining Blackstone, he worked at Goldman Sachs in the real estate principal investment group in its New York, London, and Hong Kong offices where, he was involved in office, industrial, and hotel asset and portfolio acquisition in the United States, Canada, France, Germany, Hong Kong, and South Korea, as well as corporate investments in the United States and United Kingdom and distressed loan acquisitions in Thailand.

Education

Mr. Kandrac holds a Hotel Administration degree from Cornell University and an M.B.A. from Harvard Business School.