Sunstone Names Arabia as CFO, Executive VP
- Feb 14, 2011
February 14, 2011
By Allison Landa, News Editor
Lodging real estate investment real estate trust Sunstone Hotel Investors Inc. has announced that John Arabia has been appointed chief financial officer & executive vice president of corporate strategy effective April 4, 2011.
Arabia will take over the role formerly held by Kenneth Cruse, who has been promoted to president. According to Cruse, Arabia’s more than 20 years of lodging industry experience will make him a key member of the team. He added that he has known Arabia for more than 15 years and is impressed with his reputation, judgment, integrity, contacts and expertise.
Currently managing director of Green Street Advisors’ real estate research team, Arabia has been a member of that firm since 1997. He is credited with helping to create Green Street’s lodging research platform. Before joining Grene Street, Arabia was a consulting manager at EY Kenneth Leventhal. He began his career in 1987.
Arabia holds an MBA in real estate and accounting from the University of Southern California and a Bachelor of Science in hotel administration from Cornell University.