Hotel Online  Special Report

 
MK Capital Markets Welcomes
Equity Specialist Bracken White

 
McLean, Virginia - March 29, 2007 - The Capital Markets Group of Molinaro Koger (MK) announced today that Bracken White, an investment banker with expertise in the international sourcing of hospitality equity, has joined the firm.

Based in the San Francisco Bay Area, Mr. White’s role is Managing Director, Capital Markets.  His efforts will be focused on sourcing equity and other capital for an array of hospitality projects. During his career in lodging and investment banking Mr. White has been involved in more than $4 billion in real estate and hospitality transactions.

“Bracken is an ideal addition to our team,” stated Ed Blum, Managing Director, Capital Markets. “Working together, with our variety of contacts and professional perspectives, we deliver our clients outstanding results. MK’s Capital Markets group devises custom-tailored solutions for debt and equity capital in every facet of the hospitality market, from single select-service assets to international five-star portfolios.

“Our competitive-based process produces the lowest cost of capital at highly favorable terms. Bracken’s expertise and access add considerably to our ability to deliver outcomes to our clients,” concluded Mr. Blum.

Prior to joining Molinaro Koger Capital Markets, Mr. White was Principal at Presidio Merchant Partners where he covered the hotel industry.   He also covered the industry at Banc of America Securities in both equity research and investment banking.  In investment banking, his efforts were focused on mergers and acquisitions where he played a key role in identifying targets in the hotel industry and determining ideal acquisition strategies.  While at Banc of America Securities, he was involved in approximately $2 billion of hospitality transactions.  Prior to becoming a banker, Mr. White was a research analyst in Banc of America Securities’ nationally recognized real estate and hospitality equity research team.

In addition, Mr. White co-founded Meridian Hill Advisors, a real estate advisory firm where he advised on or raised capital for approximately $800 million of real estate projects. 

Mr. White earned a Master’s degree in Business Administration from Yale University with distinctions in Real Estate Finance and Financial Accounting.  His Bachelor of Arts degree is in International Affairs from Lewis and Clark College.  Mr. White is also a CFA (Chartered Financial Analyst) charter holder.   He serves on the advisory board of TerraSur, a real estate opportunity fund investing in Chile, and on the Board of Directors of the Yale School of Management Alumni Association.

“I am pleased to join MK Capital Markets and put my abilities to work with a talented team focused on delivery of outstanding client service from initial analysis to transaction closing,” said Mr. White.

Bracken White can be reached at 415.762.8262 or at bwhite@mkhotels.com.
.

.
About Molinaro Koger and MK Capital Markets Group

Molinaro Koger (MK) is the world’s leading hotel-exclusive real estate brokerage, advisory and capital markets firm. The company structures transactions of boutique through luxury market segment assets throughout the world. MK is headquartered in metro-Washington, DC, and has offices in London, Atlanta, Beijing, Chicago, Cincinnati, Dallas, Los Angeles, Phoenix, San Francisco and Shanghai. 

Molinaro Koger’s Capital Markets Group arranges hotel-specific financing, including debt, equity, and mezzanine sources, for MK’s client base, both domestically and internationally. Ed Blum, Managing Director, Capital Markets, is skilled in corporate hotel finance, investment analysis, mergers and acquisitions, venture capital, capital raising, lender and investor relations, and corporate workouts both domestically and internationally. During the past decade, Mr. Blum’s expertise and contacts have facilitated his completion of more than $3 billion in hotel financing and transactions in the United Kingdom, France, Italy, Spain, Czech Republic and the United States.

Founded in 1959, Molinaro Koger successfully markets hotel real estate, sponsors limited partnerships, and arranges financing for clients. Given the cyclical nature of real estate, the firm has weathered an array of highs and lows during the course of its 47-year history. Through this time, the company has grown and assisted clients in achieving their investment goals.

“With each lodging real estate cycle we gather strength, expertise and contacts enabling us to better serve the best interests of our clients, regardless of economic cycles,” says President Robert Koger. “The results we achieve are directly attributable to the commitment and expertise of our professional staff.”

Molinaro Koger can be accessed online at www.mkhotels.com.

###
Contact:

Sharon Lemon
slemon@mkhotels.com
1.970.769.0510

CAPITAL MARKETS
1676 International Drive
Suite 575
McLean, VA 22102
703.760.9600
FAX 703.760.9601


 
Also See: Molinaro Koger Advises Hotelinvest Kalvebod A/S on Sale of Copenhagen Marriott Hotel / February 2007
Beej Das Joins Molinaro Koger as Managing Director, India / January 2007
Molinaro Koger Structures $169 Million Sale of Summerfield Suites Portfolio to Hersha Hospitality Trust on behalf of LodgeWorks / January 2007
MK Structures Disposition of Three Select Service Hotels in Metro-Birmingham, Alabama / December 2006
MK Capital Markets Secures Financing for Two Park City Hotels on Behalf of Navnish Development, LLC / September 2006
Molinaro Koger Structures Sale of Two Tempe, Arizona, Hotel Properties / September 2006
Molinaro Koger Structures Disposition of Westin Kierland Resort & Spa to Host Hotels & Resorts for $393 Million / September 2006
Sheraton Hotel Krakow, Poland Sold to Quinn Group for 45 Million in Transaction Structured by Molinaro Koger / August 2006
Molinaro Koger Welcomes Industry Veteran David Altobello as Vice President / August 2006
Molinaro Koger Structures Shamrock-Hostmark Acquisition of Radisson Hotel Princeton, New Jersey / May 2006
Molinaro Koger Structures Sale of Fairfield Inn, Scottsdale / April 2006
Molinaro Koger Advises on £150 Million Great Eastern Hotel Transaction / March 2006
Cincinnati Office of Molinaro Koger Sells Holiday Inn Cincinnati North / February 2006
Molinaro Koger Announces Record $2.2 Billion in Hotel Transactions in 2005 / January 2006
Sale of Chicago’s Omni Ambassador East Hotel Arranged by Molinaro Koger / December 2005
Hotel Monticello of Georgetown, A European-style Luxury, Boutique Hotel, Sold by Molinaro Koger / June 2005
Molinaro Koger Structures Sale of Sierra Suites® Portfolio / May 2005
Molinaro Koger Structures Sale of Hilton Deerfield Beach Florida / April 2005
Molinaro Koger Structures Sale of Two Residence Inns Portland, Oregon / February 2005
Molinaro Koger Structures Sale of Lenox Suites Hotel Chicago / February 2005
Molinaro Koger Structures Sale of Hilton College Station & Conference Center / January 2005
The Outstanding Year that Was: MK Records $1.3 Billion in Hotel Real Estate Transactions in 2004 / January 2005
Molinaro Koger Structures Sale of Marriott Suites Hotel Bethesda / December 2004
Molinaro Koger Arranges Sale of the Renaissance Jamaica Grande Beach Resort / December 2004
Hospitality Financier Edward Blum Joins Molinaro Koger / December 2004
FelCor Sells North Dallas Crowne Plaza Hotel, Advised by Molinaro Koger / October 2004
Bill Murney Joins Molinaro Koger, Opens Firm’s Phoenix Office as Managing Director / October 2004
Molinaro Koger Advises FelCor on the Sale of the Harvey Hotel DFW / October 2004
Molinaro Koger Structures Sale of Hyatt Hotel Orange County / October 2004
Molinaro Koger Structures Sale of Renaissance Hotel Ft. Lauderdale / September 2004
Molinaro Koger Structures Sale of Radission Hotel Mt. Laurel on behalf of Boykin Lodging Company / September 2004
Molinaro Koger Advises William Street Hotel Associates LLC on Sale of Doubletree Hotel Chicago O’Hare Airport / August 2004
Molinaro Koger Advises on the Sale of the Beaver Creek Lodge / August 2004
Molinaro Koger Arranges Sale of Crystal City Marriott Hotel / July 2004
Molinaro Koger Facilitates Sale of Sheraton Bucks County Hotel to Ashford Hospitality Trust / July 2004
Molinaro Koger Structures Sale of Sheraton Hotel Washington, DC / June 2004
Molinaro Koger Advises in the Sale of Miami Beach Ritz Plaza Hotel — Kimpton to Rebrand and Manage / June 2004
Molinaro Koger Structures Sale of Hilton Hotel Pasadena, California / May 2004
Molinaro Koger Closes Holiday Inn East Columbus on Behalf of B.F. Saul Company / April 2004
Molinaro Koger Structures Sale of Radisson Hotel Charleston / April 2004
Molinaro Koger Closes 82 Transactions in 2003 / January 2004
Thompson Calhoun Fair and Molinaro Koger Brokers Sale of 15 - Hotel Portfolio / December 2003
Molinaro Koger Closes Sale of Renaissance Hotel St. Thomas to Palace Resorts of Cancun, Mexico / November 2003
Molinaro Koger Closes Four Full-Service Hotels / November 2003
Molinaro Koger Closes 46 Transactions Through Third Quarter 2003 / October 2003
Molinaro Koger Selected to Market 7-Property Holiday Inn Portfolio on Behalf of FelCor / May 2003
Simon Allison, Former Finance Director of Hospitality Europe BV, Named Vice President, Molinaro Koger / April 2003
Molinaro Koger Opens Atlanta Office / Oct 2002
Hotel Acquisitions Continue In Tight Market Molinaro Koger Announces 39 To Date Closings / Oct 2002
Molinaro Koger Opens Atlanta Office / Oct 2002


To search Hotel Online data base of News and Trends Go to Hotel.Online Search

Home | Welcome! | Hospitality News | Classifieds | Catalogs & Pricing | Viewpoint Forum | Ideas/Trends
Please contact Hotel.Online with your comments and suggestions.