News for the Hospitality Executive
|NEW YORK –
August 17, 2011 – Glenmont Capital Management, an
institutional real estate firm that invests in opportunistic real
real estate related investments throughout the U.S., is pleased to
that Stan Kozlowski has joined Glenmont as Vice President, Hotel
Acquisitions. In his new role, Kozlowski will continue to expand
Glenmont’s hotel platform by focusing on new hotel opportunities.
“Since our inception in 2001, Glenmont has acquired interests in close to 30 hotel assets, and we plan to continue to grow our hotel platform over time,” said founding partner Lawrence Kestin. “With Stan’s extensive hotel acquisition experience, wealth of relationships in the hotel industry and his successful track record of consummating transactions, we feel that he is the perfect complement to our dedicated team of hotel professionals.”
During his nearly 15-year career in hospitality, Kozlowski has completed more than 80 hospitality transactions totaling more than $1.75 billion. Prior to joining Glenmont, Kozlowski was a senior vice president at CBRE Hotels Finance, where he was responsible for a variety of hospitality transactions, including workout and restructuring services, debt and equity procurement, hotel sales and other services for clients in the hotel sector. Prior to CBRE, Kozlowski was the founder and principal of Forestpark Capital Advisors, a hospitality-specific investment banking company and a principal at Neptune Hospitality Advisors. In addition, he has held positions with HVS International, Hotel Partners, Sonnenblick-Goldman and Insignia ESG. A Cornell University graduate, Kozlowski holds a Bachelor of Science degree in hotel administration with a concentration in real estate and finance.
“As the market has noticed, Glenmont continues to acquire more hotels and develop additional relationships within the hotel industry. I’m excited to bring my experience to Glenmont, and develop and execute our strategy for investing in the hotel sector,” said Kozlowski.
Joseph Smith of Glenmont noted, “Stan represents yet another step in Glenmont’s continual growth to become a preeminent player in the hospitality sector. We now have a division of analysts, origination professionals, and asset management teams in place and focusing on the hotel sector. Within the hospitality sector, the team has acquired REO, notes, and invested in joint ventures, and is currently seeking to consummate new transactions at an even faster pace.”
About Glenmont Capital Management:
Glenmont Capital Management, LLC (Glenmont) is an institutional private equity firm headquartered in New York. The company, founded by Lawrence A. Kestin and Joseph C. Smith, invests in opportunistic real estate and real-estate related investments ranging from $20 million to $100 million throughout the United States. Since its inception, Glenmont has invested in more than $1.3 billion of joint-venture transactions through its discretionary investment funds comprised of prominent institutional investors, including pension plans of Fortune 500 companies, university endowments, foundations, and high net-worth investors. In that time Glenmont has acquired or developed numerous hospitality, multi-family, office, industrial, retail, and land assets across eighteen states. For more information on Glenmont, please visit: www.glenmontcapital.com.
Quinn & Co.
212.868.1900, ext. 246
Capital Management, LLC and PHG Daytona, LLC Acquire 96-room Holiday
Inn Daytona Beach LPGA Boulevard in Daytona Beach, Florida /
International Hotels in a Franchise Agreement with Resolution Services
LLC and Glenmont Capital Management, LLC to Rebrand the the Former
Sheraton Orlando Downtown Hotel as Sonesta Hotel Orlando Downtown /
Orlando Downtown Hotel Acquired by Resolution Services LLC and Glenmont
Capital Management, LLC / November 2009