About Us

We achieve measurable success through a culture-focused, values-centered approach to business. Mandala Holdings understands how to work with nuanced and unique opportunities. Our versatility and creativity in all things we do are bound together with the common objective to succeed — no matter what the challenge or circumstance.

Headquartered in Miami, Mandala Holdings is quickly becoming one of the nation's premier investment platforms with a focus on developing hotels, restaurants and entertainment assets. Leveraging its South Florida base, Mandala Holdings is actively acquiring land for hotel development throughout the southeastern United States while expanding its activities in the food and beverage space.

Leadership Team

Innovative and adaptable, our entrepreneurial team excels in all facets of the hospitality industry.

Photo of Vinay Rama

Vinay Rama

Founder & Chief Executive Officer

Vinay is a lifelong hotelier with experience in hotel investments, development, operations and brokerage. After growing up in a family of hoteliers and getting a formal education in the industry, he spent a number of years with Hodges Ward Elliott, one of the most successful hotel brokerage/investment banking teams in the United States. Under Mark Elliott and his team, Vinay developed an in-depth understanding of the real estate valuation components of the hotel industry and the associated capital markets.

At the age of 25, Vinay took his skills overseas to establish JHM International Hotels, in Mumbai, India. With his passion for international business, he helped grow the investments significantly, including starting the first third-party management company in India and developing a university from the ground up on a 117-acre parcel. Intent on creating something very special based on everything he had learned, Vinay returned to the U.S. to found Mandala Holdings in 2013.

Vinay has a hands-on approach to managing and decision-making, overseeing all activities at Mandala Holdings. He holds a B.S. degree from the Cornell University's School of Hotel Administration.

Photo of Lee Babcock

Lee Babcock

Chief Investment Officer

Lee’s career in commercial real estate includes experience in office, retail and multifamily assets, with a focus on hospitality. He also worked in hospitality development for Gaylord Entertainment and the $1 billion private equity fund, RLJ Development, where he held the title of vice president. Lee joined Mandala Holdings as CIO in 2014.

At Mandala Holdings, Lee focuses on ensuring acquisition and development projects unfold smoothly and expeditiously. He directs the activities of Mandala Holdings’ attorneys, architects, engineers, contractors and accountants to achieve outcomes that best serve the interests of the platform’s investors and partners. Lee holds a B.A. from the University of Virginia and an MBA from the University of Chicago Booth School of Business.

Photo of Brittany Vaughn

Brittany Vaughn

Director of Asset Management

Brittany has extensive experience in the food service and retail industries, where she focused on operations and financial reporting. Prior to joining Mandala Holdings, Brittany worked at Ruby Tuesday, Inc. as an accountant, tax specialist and franchisee relationship manager.

In her current role as director of asset management, Brittany draws on her financial analysis and accounting expertise to ensure that all of Mandala Holdings’ investments are evaluated and monitored consistently. Brittany’s value-add as an asset manager stems from her experience with the key factors that drive profitability in franchise operations. Brittany holds a BBA in accounting from East Tennessee State University.