Peter Dean is the national practice leader for AHT’s real estate division and is directly responsible for the cultivation and expansion of the practice. AHT’s real estate practice focuses on catering to the specific needs of institutional real estate investors and owners. Our practice is well suited to manage the complex structures and needs of the real estate industry, which is constantly evolving. AHT employs a process built on flexibility, creativity and execution to deliver best-in-class solutions and service to our clients.
Peter has personally been involved with over $10 billion in real estate transactions while at AHT. Ranging from single asset purchases to the acquisition of overseas hospitality and habitational assets, Peter is intimate with the challenges the real estate industry faces and works with his team to make sure the risk strategy employed can function effectively within it. In addition to his work with traditional developers and private fund owners, he works with Registered Investment Advisors, hedge funds and debt funds.
Prior to joining AHT in 2002, Mr. Dean was an Account Executive and Underwriter for a national carrier. There, he was responsible for parts of the Mid-Atlantic, including the role of Portfolio Manager for the fidelity and the employment practices liability book of business. These books accounted for over $50,000,000 in premium.
Peter currently sits on the advisory board for SONA Bank, a NASDAQ traded bank, is a trustee for the Westmoreland Davis Foundation, serves as President of Morven Park Inc., a 501c3, and is a member of Urban Land Institute (ULI) and the District of Columbia Building Industry Association.
A Personal Note:
“A $2 billion financial institution such as a community bank is very different than a $2 billion software company. The bank has a greater influence on the community around it and also faces a greater regulatory environment. As a financial institution, you are part of the public trust to a much greater degree than a privately held company or even a publicly held company beholden to its to shareholders. A financial institution needs to have much more sensitivity to both customers and shareholders. There are also more risks. For example, you can have claims for failure to fund and other lending issues, including foreclosure exposures. You don’t have the same exposure in a software or service-based company.
“I knew about AHT when I was with a national carrier. AHT never placed any coverage with us because our pricing was not competitive enough. When I decided to work for a broker, I called AHT because I knew it was one broker that really looked out for its customers.”