Central Group Companies  
Development and management solutions for the hospitality and real estate industries
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Roberts H. Pace Jr. - President and Chief Executive Officer

The companies develop, manage and provide consulting services on hospitality projects throughout the United States. CGC has developed 38 new hospitality properties and 60 projects overall. CGC has managed and overseen the renovation and repositioning of numerous assets, including resorts, restaurants, hotels, and casino properties. CGC has negotiated the financing, obtained municipal approvals, negotiated franchises or developed private brands for the assets it has developed and managed. CGC has negotiated the sale of dozens of hospitality assets. CGC has developed and consulted on the development of 9 hotel water park properties. CGC also provides consulting and management services to lenders, Trustees and Receivers.

Grand Sierra Resort and Casino

Chief Operating Officer and Corporate Secretary, Grand Sierra Resort Corp, 2005 - 2008, who acquired and redeveloped the 1,995 room Reno Hilton Hotel in Reno Nevada into the Grand Sierra Resort and Casino. Involved in establishing new health care and benefit programs for the 2,500 member staff, with three labor unions. Provided leadership role in successful negotiations of new union contracts. Oversaw bid process and purchased all property/casualty insurance for resort. Provided guidance in all new restaurants and outlet negotiations, and coordinated the disposition of all furniture, fixtures and equipment for a $100M renovation. Provided leadership in sale of $92,000,000.00 of hotel condominiums. Coordinated formation and documentation for the Condominium Unit Owners Association, and chaired the association for two years. Involved in lease and operations coordination of the casino. Held the Resort business and liquor licenses. The resort has 200,000 square feet of convention and exhibit space and a 107,000 square foot casino. Active in design and redevelopment of 825 hotel units into for -sale hotel condominium units on the top 11 floors of the resort. The resort's non-condominium guest rooms and public spaces were renovated, two new celebrity chef restaurants were negotiated and constructed, and a new 24 hour casual dining restaurant and two night clubs were added. Preliminary design was done on a 150,000 square foot themed indoor water park and 700 residential condominium units in 3 new, high-rise towers.

ManaDyne

Vice President and Chief Operating Officer - The Company developed and managed hospitality properties in five midwestern states, the Pacific Northwest and Florida.

Brutger Companies

Vice President Development - A 30-year old hospitality and housing development and Management Company. Oversaw site acquisition, municipal approvals, franchise negotiation, product design, financing and property sales for projects in the Midwest, Southwestern U.S., Pacific Northwest and Florida.

Dayton Hudson Properties

Five years with the Dayton-Hudson Corporation, Minneapolis, Minnesota, in various capacities including real estate development, shopping center leasing and lease negotiation for 6 company owned jewelry store chains throughout the United States.

Education

⋅ Juris Doctorate, Hamline University School of Law, St. Paul, Minn.
⋅ Bachelor of Arts Degree, Minnesota State University, Mankato, Minn.

Military Service

⋅ United States Marine Corps - Intelligence Unit, 2nd Battalion, 7th Marines, Vietnam
⋅ Combat Correspondent, 1st Marine Division ISO - Vietnam
⋅ Defense Language Institute, West Coast Branch, (DLIWC,) Vietnamese language

Affiliations and Organizations

⋅ 10 year Board of Directors and past President, Minnesota Hotel and Lodging Association
⋅ Former Board of Directors Hospitality Minnesota, the governing body of the Hotel, Resort and Restaurant Associations in Minnesota
⋅ American Hotel and Lodging Association's National Management Conference-Panelist
⋅ Advisory Committee Member, Hospitality Restaurant and Tourism Management Program, University of Wisconsin, Stout
⋅ World Water Park Association Symposium and Trade Show Panelist


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Central Group Companies . 215 Park Avenue South, Suite 200 . St. Cloud, MN 56301
(320) 654-6307 . info@centralgroupcompanies.com


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Development and management solutions for the hospitality and real estate industries.