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# Operators First, Stewards Always

Behind every investment is a team of experienced hands who know what it takes to protect capital and create value—because we've done it across decades, cycles, and markets.

## Meet Our Leadership

Proven investors. Disciplined operators. Trusted partners.

Our executive team brings together deep experience in hotel investment, operations, capital markets, and brand partnerships.

*Click on a profile to view the leader's bio.*

### [![Sam Schwartz Headshot](https://www.investwithfirst.com/hs-fs/hubfs/Headshots/Sam%20Headshot.jpg?width=543&height=547&name=Sam%20Headshot.jpg) Sam Schwartz Executive Chairman](https://www.investwithfirst.com/team-sam-schwartz?hsLang=en)

### [![David Duncan\_2025](https://www.investwithfirst.com/hs-fs/hubfs/Headshots/David%20Duncan_2025.png?width=543&height=547&name=David%20Duncan_2025.png) David Duncan Chief Executive Officer](https://www.investwithfirst.com/team-david-duncan?hsLang=en)

### [![Stephen Schwartz Headshot](https://www.investwithfirst.com/hs-fs/hubfs/Headshots/Steve%20Headshot.jpg?width=543&height=547&name=Steve%20Headshot.jpg) Stephen Schwartz Chairman Emeritus](https://www.investwithfirst.com/team-stephen-schwartz?hsLang=en)

### [![Marissa Ballan](https://www.investwithfirst.com/hs-fs/hubfs/Headshots/Marissa%20Ballan.png?width=543&height=547&name=Marissa%20Ballan.png) Marissa Ballan Executive Vice President of Investments & Capital Markets](##)

### 3,500+ Associates. One Aligned Platform.

###### Our investment strategy is executed in close partnership with First Hospitality, an award-winning operator managing 60+ hotels nationwide.

[Join Our Mailing List](https://www.investwithfirst.com/subscribe?hsLang=en)

[View First Hospitality's Team](https://www.firsthospitality.com/about/our-team)

## The Culture Behind the Results

At First, culture is the foundation for how we deliver—with consistency, clarity, and accountability. These values shape how we operate as a team, creating stability for our people and predictability for the partners who trust us with their capital.

### Drive to Win

We approach every investment and partnership with ambition, accountability, and a bias for action.

### Desire to Serve

Hospitality is at our core—we exist to create value for investors, guests, team members, and brand partners.

### Deliver with Passion

Excellence is not negotiable. We bring energy and pride to everything we do.

### Own the Outcome

We take responsibility for results and hold ourselves to the highest standards across investments and operations.

### Keep it Real

Authenticity, transparency, and humility ground our decision-making and our relationships.

## Let's Start the Conversation

Talk directly with a senior team member by scheduling a 15 minute introductory call or join our mailing list to stay informed on upcoming investment opportunities, market insights, and hospitality trends.

[Schedule a Call](https://www.investwithfirst.com/book-a-meeting-sam-schwartz?hsLang=en)

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