Richard Bosworth
rbosworth@canyonpartners.comRichard Bosworth is a Managing Director for the Canyon-Johnson Urban Funds. Richard is based in Los Angeles and is a member of the asset management team. His focus is on hospitality assets throughout the country. Richard has over 29 years of experience in the real estate industry. Most recently he was President (and founder) of NTH Advisory Group, LLC, a development and advisory company specializing in the casino, hotel, and restaurant industries. Prior to that, Richard was Chief Operating Officer of Bond Companies, a mixed use real estate development firm specializing in residential, commercial, and retail projects across the nation. Before becoming COO, Richard was Managing Partner and President of BCL Hospitality Advisors, LLC, a subsidiary of Bond Companies, which provided consulting and investment-banking services for the hospitality industry. Prior to joining Bond Companies, Richard was Managing Director of Llama Capital Mortgage Company, a real estate finance company wholly owned by Alice Walton. At Llama, Richard was responsible for the origination and acquisition of commercial real estate debt and for overseeing the firm's investment banking activities with an emphasis on hospitality transactions. Before joining Llama, Richard was Vice President of Commercial Real Estate Lending and Hotel Investments at Ocwen Financial (NYSE: OCN), a $3 billion financial services company and Special Servicer. At Ocwen, Richard was responsible for the Commercial Real Estate Lending Division as well as overseeing the operational management, renovation and repositioning of the company's hotel portfolio. Ocwen is a well known "Strong" rated Special Servicer. Richard's supervision of hospitality investments assisted Ocwen in obtaining the highest Special Servicer rating possible. Prior to overseeing institutional hospitality investments and lending programs, Richard spent many years in hotel and restaurant operational management holding positions with Marriott Corporation, Servico Hotels and Resorts, and Tara Hotels. Richard is the recipient of many national hospitality management awards. He is often a featured speaker at national commercial real estate and hospitality conferences.
