Our People

Ms. Almedina has been with LCP for more than 21 years and manages all administration, human resources, and operational activities. Ms. Almedina is an alumnus of Pace Business School.

Mr. Billiet is responsible for overseeing the performance of the assets in the portfolio by analyzing and executing opportunities for operational improvements, monitoring capital expenditures and cash flow, financial benchmarking analysis, modeling, due diligence and market research.

Mr. Billiet has over 10 years of hotel operations, hotel finance and real estate advisory experience. Prior to joining LCP, Mr. Billiet was a Senior Director at hotelAVE. In his role, he conducted analysis and executed operational asset management initiatives for a portfolio of hotels. He benchmarked revenue and expenses to identify opportunities. In addition, he completed underwriting to support asset positioning opportunities and ROI analysis.

Prior to joining HotelAVE, Mr. Billiet was a Senior Manager, Strategy & Analytics at Club Quarters Hotels, reporting directly to the CEO. He provided strategic analysis and asset management services for Club Quarters hotels and related business activities through data review, benchmarking and business modeling to optimize operational & financial results. Prior to joining Club Quarters, Mr. Billiet was a Senior Associate at Duff & Phelps in their Real Estate Advisory Practice in New York.  In this role, he provided institutional clients with valuation analysis for their hotels and other commercial real estate assets. Before attending Cornell University, he worked as a Deputy Hotel Manager for the Ibis hotel in Antwerp, Belgium.  His other operations experience includes opening 2 Park Inns (Rezidor) in Belgium and working in various sales and marketing positions for Accor Hotels.

Mr. Billiet holds a Master of Management in Hospitality (MMH) from Cornell SC Johnson College of Business and a Master & Bachelor Degree in Business Economics from Katholieke Universiteit Leuven, Belgium.

Mr. Borin is responsible for researching, underwriting, and conducting due diligence on prospective transactions. He also manages assets for existing hospitality and multifamily properties, including overseeing capital expenditures, budgeting and reporting, investor relations, and dispositions.

Prior to joining LCP, Mr. Borin was an Associate at Morgan Stanley in the Institutional Securities Group Fixed Income Division, the group responsible for hedging exposure on uncollateralized derivative positions using options, swaps, and other fixed income derivative products. While there, Mr. Borin built an integrated financial model that forecasted capital implications of acquiring a separate legal entity for fixed income derivatives that mitigated $5 billion in regulatory capital charges. He also created a pro forma for capital-intensive trades using ROI and IRR metrics, enabling the ability to analyze profitability on a trade-by-trade basis. He also developed a financial model to productize the firm’s methodology for pricing collateral on Interest Rate and FX derivatives, which the firm implemented across the fixed income division.

Prior to Morgan Stanley, Mr. Borin was at GFI Group in the Latium Capital division which trades as principal in ethanol, natural gas liquids, and other energy and agricultural markets.

Mr. Borin has a B.S. in Business Administration, Finance and Real Estate, from Lehigh University. He has been actively participating in the Big Brothers Big Sisters program since 2014.

Mr. Cummings leads LCP’s accounting and finance functions with an emphasis on maintaining effective controls for cash management and overseeing financial reporting for the firm’s various platforms.

Prior to LCP, Mr. Cummings was Assistant Controller, Family Office, for Structure Tone, a global leader in construction management and general contracting. He managed general accounting, reporting, and analysis for 35 entities, 24 family trusts, and a real estate investment management company.

Prior to Structure Tone, Mr. Cummings was a Senior Accounting Analyst at the New York Liquidation Bureau (NYLB), the state’s entity that manages the affairs of insurance companies deemed insolvent or impaired by the State Department of Insurance. During his tenure at NYLB, Mr. Cummings led the project team charged with auditing current and historical general ledger data for 60 insurance companies across 20 years. He also prepared and analyzed quarterly financial statements and monthly reconciliations of a billion-dollar investment portfolio.

Earlier in his 24-year career, he held accounting manager, controller, and auditor roles at Ziff Brothers, Loeb Capital Partners, Quantitative Financial Strategies, Offitbank, McGladrey & Pullen, and KPMG Peat Marwick.

Mr. Cummings has an M.S. in Accounting from Pace University and a B.S. in Business Administration from Boston University.

Mr. Frankel is responsible for sourcing and managing early-stage investment opportunities.

Prior to joining LCP, Mr. Frankel was the CEO of Bayside Corporation, a publicly traded crypto-asset and blockchain infrastructure company with locations throughout the United States. Prior to Bayside, he was a portfolio manager at RiverPark Funds, a private investment management firm founded by former Baron Fund executives, where he created and managed a low-beta hedged equity mutual fund. Prior to this, Mr. Frankel was a managing partner at Wavecrest Asset Management and was focused on liquid and risk-managed derivatives-based solutions for institutional and individual investors.

Previously, Mr. Frankel spent more than a decade in leadership roles at Morgan Stanley, UBS Wealth Management, Merrill Lynch, and Star Equities in structured investment sales, private wealth advisement, capital markets sales, and equity trading.

Mr. Frankel holds a B.A. in International Relations from Lehigh University where he was a Martindale Scholar.

Ms. Georgieva assists with all digital capabilities for LCP’s global marketing efforts including marketing automation, SEO and SEM, lead generation campaigns, customer acquisition initiatives, and data analytics.

Ms. Georgieva has more than 10 years of digital marketing experience and has a solid track record of producing results across key digital components to drive sales revenue and a superior customer experience.

Prior to joining LCP, Ms. Georgieva was the Director of Marketing at CMDS, a marketing and design agency. While there, she managed a small team that oversaw 19 accounts and provided in-depth research and analysis and implemented growth strategies to ensure positive results on all digital campaigns. Before CMDS, Mrs. Georgieva held several digital marketing roles at Plymouth Rock Assurance Company, a leading property and casualty insurance company in the Northeast. She had a broad scope across digital capabilities including lead generation, affiliate partnerships, SEM, client acquisition, and data analytics.

Ms. Georgieva graduated Magna Cum Laude with a B.A. in Graphic Design from Columbia College. She also started coursework for her M.A. in Data Analytics from Southern New Hampshire University. She is Google Adwords Certified and previously held a New Jersey state property and casualty insurance license.

Ms. Gitelman supports LCP’s financial operations team and accounting team with analysis, budgeting, reporting, and general accounting functions.

Ms. Gitelman has more than 20 years of accounting experience in the financial industry. Prior to LCP, she was the Assistant Vice President of Accounting for Legg Mason Global Asset Management where she partnered with the mutual fund, hedge fund, and alternative investment product groups to support fund launches and budget reviews, Lipper reporting, annual prospectus filings, fee and NAV calculations, SEC filings, and the subscription and redemption process for investors. Prior to Legg Mason, she was a Senior Fund Accountant at Citigroup where she managed the accounting process for its mutual fund portfolios.

Ms. Gitelman graduated Summa Cum Laude with a B.S. in Accounting from the National University of Trade and Economics in Kiev, Ukraine. She is fluent in Russian and Ukrainian.

Ms. Gojcaj provides general administration to the broader team. Prior to joining LCP, Ms. Gojcaj spent more than 20 years at Lexington Realty Trust and was the Director of Human Resources for more than a decade.

Mr. Karasev oversees all investor relations and marketing activities on the Middle East & CIS region for LCP’s EB-5 foreign real estate investor program. Mr. Karasev works closely with LCP’s EB-5 investors to guide them through the subscription, investment, and immigration process. He is based in our Dubai, UAE office and travels frequently throughout MENA, Turkey and former USSR republics, to meet with potential investors.

Mr. Kaufman joined LCP in January 2024 to assist with both reestablishing and expanding the company’s footprint in the EB-5 space after a hiatus starting in 2020. His main objective is to lead the EB-5 international team, establish partnerships, as well as secure investments from direct investors. Another priority is to assist in the growth of additional capital partners for more traditional real estate investment opportunities.

Prior to joining LCP Group, Mr. Kaufman worked in the NYC real estate field for over a decade. He most recently helped build a startup focusing on property management software. Prior to that, Mr. Kaufman worked for a leading real estate developer in NYC, where he oversaw one of the most successful lease-ups of a luxury rental building in the Chelsea neighborhood of Manhattan.

Working for Extell New York Regional Center enabled Mr. Kaufman to learn the ins and outs of the EB-5 business. He was responsible for expanding the team’s network of partners globally, hosting seminars, and ensuring the EB-5 portion of each project’s funding was fully subscribed. During that time, he helped raise over $250 million for various projects around NYC. Mr. Kaufman also helped build an individual unit property management company that specialized in assisting foreign real estate investors oversee their U.S. portfolio. Being business proficient in Mandarin Chinese, the company grew exceptionally fast in the China market. Within a year, the company had $250 million AUM.

Mr. Kaufman graduated from the University of Michigan with a B.A. degree in History and Political Science. He then lived in China for four years where he learned Mandarin and worked for Cushman & Wakefield prior to returning to New York.

Ms. Lu oversees all investor relations in China for LCP’s EB-5 foreign real estate investor program. Ms. Lu is based in Beijing and works closely with LCP’s EB-5 investors to guide them through the subscription, investment, and immigration process.

Prior to joining LCP, Ms. Lu worked for the Quebec Fund Company where she raised $130 million for the Quebec Provincial Government immigrant investor program. She helped hundreds of reputable Chinese investors migrate to Canada successfully, supporting new entrepreneurship across the province.

Ms. Lu holds an M.B.A. from Tsinghua University and a B.A. in Literature from Harbin Normal University.

Mr. Marquard joined LCP in 2013 and currently oversees LCP’s net lease and EB-5 foreign real estate investor program, where he is responsible for business development including originating and structuring investments, leading transaction execution, and portfolio management. Mr. Marquard also oversees the global investor relations team and works closely with investors through the subscription, investment, and immigration process.

Prior to this Mr. Marquard spent 10 years in the real estate finance division of Textron Financial Corporation, a commercial finance business of Textron Inc., a $14.2 billion multi-industry company. During his most recent role as Assistant Vice President at Textron, he had direct responsibility for all aspects of investment relations including origination and structuring, relationship management, credit and underwriting, closing, and ongoing portfolio management and servicing. Prior to this role, Mr. Marquard managed a $350+ million portfolio of commercial real estate loans through Textron Financial’s liquidation. And earlier in his career at Textron, he was responsible for commercial real estate loan origination and asset management within the hospitality segment.

Mr. Marquard has an M.B.A. from the University of New Haven, a B.A. in Economics from the University of Connecticut, and an Advanced Business Certificate in Real Estate from the University of Connecticut School of Business.

Mr. McGuffog serves as an Associate within the Hotel Investment and Asset Management divisions at LCP. His primary responsibilities encompass the diligent research and financial analysis of hotel opportunities and the ongoing assessment of the firm's existing hotel portfolio.

Prior to his tenure at LCP, Mr. McGuffog held a position in the Capital Markets sector at Cushman & Wakefield, where he specialized in the sale of commercial real estate assets in Brooklyn and Queens, New York. His professional background also includes his previous role as an Associate Officer in AllianceBernstein's Private Wealth group, where he was responsible for overseeing and managing the assets of high-net-worth individuals.

Mr. McGuffog is an alumnus of the University of Maryland's Robert H. Smith School of Business and is currently advancing his expertise through a Master's in Real Estate Finance at the NYU Schack Institute of Real Estate.

Ms. Martha Morales joined The LCP Group L.P. in November of 2023 as an Accounting & Finance Analyst, bringing over nine years of diverse experience to her role.

Prior to joining LCP, Ms. Morales served as Assistant Controller at Azerion, a prominent gaming company based in Amsterdam. In this role, she played a fundamental role in supporting finance controllers across various product entities, overseeing operational tasks, ledger reconciliations, and the critical month-end close process. Before her venture into the gaming industry, Ms. Morales was part of the assurance team at PricewaterhouseCoopers (PwC). During that time, she delivered reliable support to senior team members, ensuring the accuracy of financial statements including the Balance Sheet, P&L, Cash flow, and footnotes.

Ms. Morales graduated from Western Connecticut State University with a bachelor’s degree in accounting, magna cum laude, and she is fluent in Spanish.

Ms. Vuppuluri is responsible for developing new client relationships, identifying growth opportunities, and raising capital for commercial real estate investments.

Prior to joining LCP, Ms. Vuppuluri was at Jonathan Rose Companies, a commercial and residential real estate owner and developer, where she worked in investor relations and helped to manage a portfolio of 36 real estate assets across 10 funds in affordable and multi-family housing developments. Prior to Jonathan Rose, Ms. Vuppuluri was the Commercial and Investor Relations Manager at Essar Steel Minnesota LLC, a subsidiary of Essar Group. Essar is a global investor and controls diversified assets across the Energy, Metals & Mining, Infrastructure, and Services sectors. Here, Ms. Vuppuluri played a pivotal role in the successful launch of a $450 million high yield bond offering and another $450 million in debt funding.

Ms. Vuppuluri has a B.S. from Cornell University and a Public Relations and Marketing Certificate from New York University.

Mr. Westervelt is responsible for underwriting and portfolio management of LCP’s net lease and EB-5 portfolios.

Prior to joining LCP, Mr. Westervelt was an Analyst at Brookfield Properties working in the Asset Management and Investments Division of their U.S. office portfolio. Throughout his seven-year tenure at Brookfield, Mr. Westervelt was involved in some of the firm’s most complex transactions including the $11.4 billion dollar acquisition of Forest City Realty Trust and the sale of a 49% joint venture interest in One Manhattan West to Blackstone. Additionally in 2022, Mr. Westervelt was part of a team that signed the largest New York City office deal of the year (KPMG for 457,000 SF at Two Manhattan West) and leased the most volume of any owner in New York, totaling over 2.6 million SF.

Prior to Brookfield, Mr. Westervelt worked at Artimus Development Corporation on a variety of multifamily and hotel ground-up development projects.

Mr. Westervelt holds a BS in Political Science from the University at Albany.