Chief Financial Officer
Nimes Capital and Nazarian Enterprises
As Chief Financial Officer, Afshin Kateb brings over 20 years of hospitality and real estate industry experience to sbe. He plays a crucial role in the company's acquisitions and project development while overseeing all aspects of sbe's financial affairs.
Mr. Kateb joined sbe from Lowe Enterprises, where he was Senior Vice President of Lowe Enterprises Investors serving as portfolio manager for Lowe Hospitality Investment Partners (LHIP), a $266 million discretionary fund that invests solely in hotel resort properties. In that capacity, he was responsible for asset management of the portfolio, including portfolio management for hospitality equity and structured finance investments. Prior to Lowe, Mr. Kateb served as Chief Financial Officer and founding member of the KOR Group and was the ultimate driving force behind KOR's fiscal management and growth potential. Under his direction, KOR successfully managed its exponential growth through strategic financial planning and controls.
Prior to KOR, Mr. Kateb served as Corporate Director of Business Planning and Operations Analysis for Destination Hotel and Resorts (a Lowe Enterprises affiliate), where he developed the business planning process for the organization and provided analytical support to key executives. His deep understanding of business and finance broadened during his tenure at Ernst & Young where he stood as Senior Management Consultant from 1996-1999 on multiple national and international-based engagements involving market, financial and valuation and strategic analyses. He also served as Corporate Controller for Maruko Inc., overseeing an extensive portfolio of commercial and residential properties, and for ITT Sheraton Corporation, where he held management positions in accounting, operations and food and beverage.
Kateb holds an M.B.A. degree from Pepperdine University, a B.S. degree in Accounting from Woodbury University, and various achievements that include a specialized study at Cornell University's School of Hotel Administration.