NEW YORK CITY-Mark Lanspa, a 25-year veteran of the commercial real estate industry, has been tapped by Wells Fargo & Co. to lead its new Hospitality Finance Group as executive vice president, the company unveiled today. Lanspa will be part of a Manhattan-based team that will focus on providing financial products and services to hotel owners across the country.

“We are thrilled to have Mark join our team,” says company head Christopher Jordan in a prepared statement. “He possesses not only a sharp intellect and a deep understanding of the hospitality industry, but also the personal and stylistic qualities that are critical to the success within the Wells Fargo culture,” noting that Lanspa’s New York presence represents a “a very important enhancement” of the hotel industry’s coverage model.

With the launch of the New York office, the Hospitality Finance Group will have three national divisions—HFG East, HFG West and HFG NYC Metro—and Lanspa will target metropolitan assets in the Tri-State region.

Prior to joining Wells Fargo, he was a managing director in the commercial estate finance group at Credit Suisse. Prior to Credit Suisse, he was a principal at Oasis Real Estate Partners, a real estate debt and advisory platform established in 2009 by Lanspa and various Goldman Sachs alumni. He has also held positions in the investment banking division of Goldman Sachs and the specialized industries group at GE Capital Real Estate, where he was a managing director and responsible for the hospitality industry group.

Lanspa, who received his MBA from Columbia University and his BA at Georgetown University, also serves as the treasurer and board member for nonprofit God’s Love We Deliver, and serves on the alumni board of Mount Michael Benedictine High School in Elkhorn, NE.

Lanspa could not be immediately reached for comment.