Reg Byrd Partner - DCV Franchise Group
For over 25 years Mr. Byrd has been a business venture strategist assisting entrepreneurs in all aspects of business development with a focus on financing, business plan development, build of financial projections and blueprints for aggressive return on investments. The scope of his work ranges from sole proprietorship businesses to capital intensive Fortune 500 hotel development projects, acquisitions and dispositions. Securing debt being his forte, Mr. Byrd has been successful in placing nearly one-billion dollars in debt; vis-à-vis relationships with traditional and non-traditional lenders using SBA-guaranteed financing products, real estate investment lending, fixed asset programs, and bridge financing to name a few. Within the franchise community, Mr. Byrd is known as the “master” when it comes to SBA financing. In 1980, Mr. Byrd began working in the hotel business, first for Holiday Inn, Inc. and then recruited by ITT Sheraton in 1984. In 1990 he was recruited by Hyatt Hotels as Financial Controller. Mr. Byrd called Hyatt Hotels home for more than a decade. While with Hyatt he worked at three of their Southern California properties: The Westlake Plaza, the Regency Long Beach, and the Regency La Jolla. Given the opportunity for advancement, Mr. Byrd was scooped up by Loews Hotels to serve as CFO at the Loews on Coronado in San Diego. Mr. Byrd has been responsible for budgets over $55,000,000. One with the spirit and soul of an entrepreneur, Mr. Byrd left corporate America in 2004 to launch his own company. Being a California licensed real estate broker, he began representing hotel owners around the country. His portfolio of brokered transactions range from $500,000 to $30,000,000. Mr. Byrd’s success in closing escrow on hotel transactions had a direct correlation with his skill in securing debt for his clients. For the last decade Mr. Byrd’s business organically evolved by accumulating all franchise systems, not just hotels. To date, DCV Franchise Group has served more than 300 franchise systems placing debt for franchisees in the U.S., Puerto Rico, Panama and Canada.
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