Chief Operating Officer, Chief Financial Officer and Partner.
Omar Palacios joined Geolo Capital in July 2015 and is Chief Operating Officer, Chief Financial Officer, and Partner where he oversees Geolo's strategic, organizational, asset management, and finance activities. Palacios is also a member of Geolo's Investment Committee.
With years of domestic and international financial planning, investment, operations, and transactions experience, including nearly 25 years in the real estate sector, Palacios has served in a broad range of leadership functions in finance, treasury, accounting, and corporate development roles. Palacios oversees Geolo's financial planning, operations, compensation, and analysis processes and forecasting of viable cross-market investment opportunities.
Palacios has played a key role in Geolo's strategy to diversify the firm's concentrated emphasis in the hotel development, operating and asset management segments to a broader exposure in real estate strategies such as credit, multifamily and mixed-use investments. Palacios was integrally involved in the growth and sale of the firm's hospitality management company in 2018 along with the overall growth of the firm's investments and value creation initiatives in the various segments outlined above.
Prior to joining Geolo, Palacios served as Chief Financial Officer for Playa Hotels & Resorts where he led the company's refinancing and recapitalization efforts in 2013. Additionally, he served as Chief Financial Officer for One&Only Resorts and held various key titles within the finance, treasury, and investor relations sectors at One&Only's parent company Kerzner International, where he led the company's capital financing initiatives in a $3.6 billion public-to-private transaction in 2006.
Palacios is a member of the University of Miami's President Council and the Dean's Advisory Board of Rosen College of Hospitality Management at the university of Central Florida. Additionally, he is a member of the Urban Land Institute (ULI) and serves on ULI's Hotel Development Council.
Palacios graduated cum laude from the University of Miami with a Bachelor of Science in Business Administration.