Frontier Development & Hospitality Group LLC is a real estate development and acquisition firm with a diverse portfolio of hospitality and multi-family investments in urban and secondary markets across six states. Its team brings 125 years of collective tenure and over $3.5 billion of executed real estate transactional experience. Frontier has capitalized and developed a $200M+ portfolio of high-quality, internationally branded lodging assets with approximately $600 million of urban infill mixed-use development in the pipeline. The firm’s management team brings expertise in the areas of acquisitions, dispositions, development, construction management, and asset management. Frontier is a strategic, risk-managed, value-creation firm that manages bottom-line investments, enhances communities where it invests, all the while delivering sound economic returns to its investors and capital partners.

Investment Strategy

Frontier brings a holistic investment approach to development as it delivers strong, risk-adjusted returns to its investors while transforming communities through placemaking and economic development.  Frontier’s investment platform for affordable and market-rate housing focuses on the Washington D.C. metropolitan area markets while targeting major primary and secondary markets nationally for the acquisition of premium-branded, select, and compact full-service hotels.   The firm’s strategy starts with a comprehensive understanding of these key markets and its economic drivers. Value creation opportunities are targeted, and once the assets are acquired, this value is unlocked through experienced asset management.  Frontier’s partners and targeted sources of capital range from high net worth individuals to private equity and family offices.


Evens Charles

Evens Charles

Founder and Managing Principal

Evens Charles is the founder and managing principal of Frontier Development & Hospitality Group LLC. A native of Washington, D.C, Mr. Charles attended Temple University in Philadelphia, Pennsylvania where he was a Big East Conference Division I football athlete. During his five-year athletic tenure at Temple University, he earned a B.A. in Psychology and a Master of Education. Shortly thereafter, Mr. Charles was inspired by his landlord and began investing in real estate, which leads him to start Frontier. At the age of 25, he executed his first small transaction that required an out-of-pocket investment of $1,000 resulting in a $25K profit six months later. This transaction was the catalyst that catapulted Mr. Charles into real estate investing. After a ten-year period of several successful luxury residential and multi-family acquisition and development projects, Mr. Charles, at the age of 36, had led Frontier to its first hotel investment. The firm has since grown to over a nine-figure portfolio of Hilton and Marriott Internationally branded hotel assets across six states. His accomplishments have been recognized as one of the 2019 Black Enterprise largest 100 Black-Owned Businesses in the nation; 2019 Outstanding Entrepreneur Award by the Caribbean American Heritage; The 2016 Deal of Year Award for the DoubleTree by Hilton Largo, MD, presented by NABHOOD; the 2010 Entrepreneur of the Year awarded by NAMD; the 2010 Outstanding Hotelier Award presented by the Asian American Hotel Owners Association; 2009 Hotel Owner of the Year Award; and the 10 People Under 40 to Watch in 2010 awarded by the Philadelphia Tribune Magazine. He has performed speaking engagements throughout the country for several professional organizations and has been featured in various publications including Hotel Business, Lodging Magazine, Black Enterprise & Business Journals across multiple cities. He has an endowed scholarship in his name at Temple University targeting underserved students, supports many philanthropic causes, and serves as a mentor to many. He is also a member of Temple University’s School of Hospitality & Tourism Board of Visitors, member of the Real Estate Executive Council (REEC), as well as industry organizations such as the National Alliance of African American Hotel Owners and the Asian American Hotel Owners Association

Founder and Managing Principal

Rick Moceri

Rick Moceri

Senior Vice President of Acquisitions & Development

Mr. Moceri is the Senior Vice President of Acquisitions and Development at Frontier. In his career, Moceri has executed on approximately $3.5 billion in luxury, full-service, limited-service, and resort lodging acquisitions and dispositions for firms including Carey Watermark Investors, Tishman Realty, and Lodging Capital Partners. These 30+ individual transactions spanned across all major U.S. markets including San Francisco, Boston, Chicago, Nashville, New York, Seattle, San Jose, Miami, Honolulu, Austin, Washington, D.C., Phoenix, San Diego, Atlanta, and Portland. Moceri has coupled his investment experience with significant asset management experience from his time at Tishman Realty and Lodging Capital Partners. He is a graduate of Michigan State University’s School of Hospitality Business with a minor in Hospitality Real Estate Investment and Development. Moceri has been awarded the Alumni Achievement Award and is an active member of the real estate program’s board of directors.

Verhonda Sercey

Verhonda Sercey

Vice President of Asset Management

Leading Frontier’s asset management and operations-related functions is Verhonda Sercey, the company’s Vice President and Head of Asset Management. Ms. Sercey is a long-term hotel investment professional with over 20 years of experience in the hotel operations, asset management and sales and marketing roles for both branded and independent hotels. Prior to joining Frontier, Ms. Sercey was the Director of Group Sales at The Watergate Hotel in Washington D.C. where she managed the luxury hotel’s group sales and marketing efforts. Prior to this role, Ms. Sercey served in both regional and on-site director positions for HRI Lodging, HVMG, Hilton Hotels, and Crescent Hotels & Resorts. She graduated from the University of South Carolina with a Bachelor of Science Degree in Business Administration with a concentration in Finance and Economics, and earned a Master’s Degree in Global Hospitality Management from Georgia State University. Additionally, Verhonda is currently pursuing a PHD in Business Administration from Northcentral University.


February 18, 2022
A real estate development project

Hill East 1.2 million square feet mixed-use development, Washington DC

Frontier assembled a best-in-class all minority development team which has been awarded the rights to develop a $564 million project within the Hill East neighborhood of […]
April 6, 2018
Embassy Suites night view

Homewood Suites by Hilton Largo-Washington DC

Frontier recently completed the construction of a new 116 key Homewood Suites by Hilton, delivering its newest development project. It is located
March 25, 2018

Westin BWI Airport

Frontier acquired the Westin hotel at the Baltimore Washington International airport in 2018. This Upper Upscale hotel features 260 guest rooms, 10,000 square feet of
December 29, 2015
Embassy Suites

Embassy Suites Columbus OH

Frontier and Kana Hotels partnered on this hotel real estate venture and acquired the 221 key Embassy Suites from RLJ Lodging Trust in October 2015.
December 29, 2015
Hampton Inn

Hampton Inn at Vanderbilt University – Nashville, TN

Along with its strategic partner, Frontier capitalized and acquired this 167-key core asset as a part of a two-property Nashville, TN portfolio at the base of […]
December 29, 2015
Hampton Inn Nashville

Hampton Inn & Suites at Elliston Vanderbilt – Nashville, TN

This 157 key Hampton Inn Vanderbilt Elliston Place is the second part of the two-hotel Nashville portfolio capitalized and acquired by Frontier in October 2014.
December 29, 2015
Double Tree Hotel Largo

Doubletree by Hilton
Largo-Washington, DC

Frontier acquired this former 184-key Radisson hotel and implemented a $6MM chic and contemporary transformation to the new DoubleTree by Hilton Largo/Washington, DC which opened on […]
December 29, 2015
Fairfield Inn Atlanta

Fairfield Inn by Marriott
Downtown Atlanta, GA (Past)

Frontier redeveloped this asset in 2012 while partnering with a best in class hotel management company. This 156,000 square foot, historic, adaptive reuse 156 all-suites boutique […]
December 29, 2015
Comfort Inn Martinsville

Comfort Inn
Martinsville, VA (Past)

Originally acquired as a Holiday Inn Express then converted to a Comfort in 2010. This 26,000 square feet, 70 room hotel in Martinsville, Virginia, is home […]
December 29, 2015
Smythe's Corner Condominiums Downtown Philadelphia

Smythe’s Corner Condominiums Downtown Philadelphia (Past)

Redevelopment of a historic 15 unit mixed-use building, located in the heart of Old City, Philadelphia.

Walking distance to shops, restaurants, and nightlife.

December 29, 2015
luxury row homes in Washington DC

Luxury residential single family homes Washington, DC (Past)

Numerous value add residential properties developed throughout Washington DC and Philadelphia.


Hilton is a leading global hospitality company, spanning the lodging sector from luxury and full-service hotels and resorts to extended-stay suites and focused-service hotels. The company’s portfolio includes seventeen world-class global brands and an award-winning customer loyalty program, Hilton Honors. Hilton currently has 912,960 guestrooms in their 5,685 properties across 113 territories and countries globally. Hilton operates 17 brands within their portfolio that reaches over 85 million Hilton Honors members.

Marriott is a leading lodging company with nearly 7,000 lodging properties across 130 countries and territories. Marriott International operates and franchises over 30 hotel brands; develops and operates vacation ownership resorts under the Marriott Vacation Club, The Ritz-Carlton Destination Club, and Grand Residences by Marriott brands; licenses and manages whole-ownership residential brands, including The Ritz-Carlton Residences, JW Marriott Residences and Marriott Residences; operates Marriott Executive Apartments; provides furnished corporate housing through its Marriott ExecuStay division; and operates conference centers. With over 92 years of hospitality experience, Marriott provides guests with industry-leading amenities and distinctive stays all over the globe.


February 8, 2022
A group of six people

C-Suite Spotlight Frontier Development & Hospitality CEO Evens Charles

This series gets into the heads of the decision-makers of CRE, the people shaping the industry by setting investment strategy, workplace design, diversity initiatives and more. […]
February 8, 2022
A bird’s-eye view of various structures

D.C. Selects Development Teams To Build 2,300 Units In Hill East

Courtesy of the Office of the Deputy Mayor for Planning and Economic Development A rendering of R13 Community partners plan for its Hill East project, with […]
October 7, 2020
American Heritage Awards

Caribbean American Heritage Awards recognizes Outstanding Entrepreneurship

Evens Charles is the founder and managing principal of Frontier Development & Hospitality Group LLC. A native of Washington, D.C, Mr. Charles attended Temple University in […]
October 7, 2020
Cornell Baker Program

Evens Charles, D.C. Hotelier, Recounts Inspiring Trajectory to Baker Program Students

Evens Charles, D.C. Hotelier, Recounts Inspiring Trajectory to Baker Program Students
October 7, 2020
24 Black Executives Shaping Commercial Real Estate

24 Black Executives Shaping Commercial Real Estate

Representation is a powerful force. Seeing a peer in a position of power or influence can be the difference between seeing a goal as a pipedream or a […]
October 7, 2020
2019 BE100s list

Frontier makes the 2019 BE100s list of Nation’s Largest Black Businesses

Frontier makes the 2019 BE100s list of Nation’s Largest Black Businesses https://www.blackenterprise.com/be100s/top100/
July 6, 2018
cnbc logo

Frontier Development & Hospitality Group Acquires The Westin Baltimore Washington Airport – BWI

Hotel Investment Firm, Frontier Development & Hospitality Group LLC Acquires The Westin Baltimore Washington Airport – BWI
March 26, 2018
breaking ground

Frontier Development Breaks Ground on $20MM Homewood Suites in Largo MD

Prince George’s County will soon welcome its first Homewood Suites by Hilton, thanks to Frontier Development & Hospitality Group. Frontier broke ground
December 23, 2015
Embassy Suites entrance

Frontier Development Acquires Embassy Suites Columbus

Frontier Development & Hospitality Group LLC along with its JV partner Kana Hotel Group has announced its successful acquisition of the Embassy Suites Columbus from RLJ […]
December 23, 2015
caricature of Evens Charles

60-Second Profile: Evens Charles, Frontier Development and Hospitality Group

Evens Charles likes to compare his career to the game of Monopoly. “I’m trading in houses for hotels,” the Washington, D.C., native says. Charles didn’t set […]
December 23, 2015
Evens Charles

Evens Charles Endows Scholarship at Temple University

By Fox Public Relations Frontier Development and Hospitality Group’s Founder & Managing Principal, Evens Charles carved a name for himself in the hospitality-focused, real estate development
December 23, 2015
Market Watch

Frontier Development Opens DoubleTree by Hilton/Washington DC

DoubleTree by Hilton Largo – Washington D.C. Opens, Marking the First Upscale, Full-Service Hotel in Largo, Maryland MCLEAN, Va., May 28, 2015 (BUSINESS WIRE)