Jeff A. Stockert
Jeff A. Stockert is a CPA and is President and CEO of Performance Capital Partners, LLC (“PCP”). Jeff along with his partner started PCP in 2014 as a new hotel development and management company located in Aberdeen, South Dakota. Additionally, Jeff was President and CEO from 1993 to 2018 of Utah Hospitality, LLC and Utah Hospitality II, LLC (both referred to as “Utah”). PCP and Utah have been the developer and operator of numerous limited-service hotels throughout the United States including North Dakota, Ohio, Florida, Utah, California, and Arizona. In his position Jeff is responsible for each hotel development from start to finish including site selection and acquisition, project financing, project development and construction, financial analysis, and hotel operations once the hotel has opened.
Simultaneously, Jeff served as Executive Vice President, Finance & Development for The Rivett Group, LLC from 1993 to 2015. Prior to that, he served for five years as Director of Corporate Finance for Super 8 Motels, Inc., franchisor for Super 8 Motels internationally.
Prior to joining Super 8 Motels, Inc., he practiced public accounting in both tax and audit functions for five years, the last two of which were primarily as an auditor of hotel development companies and limited partnerships.
Jeff has developed more than 25 hotel and land development projects. For the past ten years most all the new development projects involved a flag of such primary franchisors as InterContinental Hotels Group (the Holiday Inn family of brands), Hilton Hotels, Marriott International or Choice Hotels International.
Additionally, Jeff is co-founder and Vice President of Quest Hospitality Suppliers, LLC, an Aberdeen, South Dakota based supplier of construction materials, hardware, and FF&E to the hospitality industry.