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 [email protected].
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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.

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Contact:

Sharon Lemon
[email protected]
1.970.769.0510

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


 
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Simon Allison, Former Finance Director of Hospitality Europe BV, Named Vice President, Molinaro Koger / April 2003
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