Calello Agency / The Chateau Grande Hotel

Host

PJ Calello
Class of 1990
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Calello Agency / The Chateau Grande Hotel

Real Estate
Construction

Company Description

Calello Agency is a Real Estate Development and Management Firm that specializes in Residential workforce housing. My hope is that we will have broken ground by June on a new 35-unit apartment building and I can incorporate that project into the DelEX presentation. The Chateau Grande Hotel is our latest venture which opened in December of 2020 and is a 108 Room Boutique Hotel in East Brunswick, NJ. So this past year in 2023 we sat in our bi-monthly partners meeting and listened to full recap of operations, sales and finance. Then we had some dinner.

Job Position

President & Owner Calello Agency, Co-Managing Member Chateau Grande Hotel

Job Description

My typical day is a 50/50 mix of making sure that day-to-day operations are running smoothly re: our current assets and focusing on new business and newly-opened projects like the hotel.

Externships

DelEX 2024

Tuesday, Jun 18, 2024 - Thursday, Jun 20, 2024
9:00 AM - 4:00 PM
In-Person
Business Casual
Newark, NJ
Learning Goals

Students will get an opportunity to understand in a very hands-on way what it means to invest in and manage real estate. We will spend time visiting properties and we will be making decisions about construction that is happening at those properties. Students will gain in-depth knowledge about apartment building construction and management. \n\nMy hope would be to spend one day at the Hotel as we do our finance and sales meetings every other Tuesday - that would be a good glimpse into the operations side of the hospitality business. \n\nMostly, students will learn about what it means to be a small business owner and the benefits and challenges of that life choice.