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| NEW YORK, MIAMI and SAN FRANCISCO, July 29, 2004 � Jones Lang LaSalle
Hotels has promoted three team members across the Americas region, recognizing
its executives who have shown outstanding achievement. In New York, Thomas
Fisher was promoted to executive vice president. In Miami, Christian Charre
was promoted to senior vice president. In San Francisco, Anwar Elgonemy
was promoted to vice president.
"Each of these individuals have made considerable contributions to the firm and have demonstrated the ability to provide our clients with exceptional advice and a consistently high level of service," said Art Adler, CEO and managing director of the Americas region of Jones Lang LaSalle Hotels. During the first half of 2004, Jones Lang LaSalle Hotels - Americas closed fully one third of all single asset transactions over $10 million in North and Latin America. "These promotions reflect Tom, Christian and Anwar�s success in achieving extraordinary results for our clients and also demonstrates Jones Lang LaSalle Hotels� commitment to developing and retaining top talent," Adler said. Thomas Fisher, executive vice president, has been involved in the sale and/or financing of over $1.5 billion of hotel and lodging assets throughout North America since he joined the firm in 1996. Recent transactions of note include the sale of the Hyatt Regency Capitol Hill, Washington, D.C., Caneel Bay Resort in St. John, USVI, InterContinental Central Park South, New York, New York and the financing of the Sheraton Reston Hotel in Reston, Virginia. Christian Charre, senior vice president, is currently responsible for the asset management of the Westin Diplomat Resort and the Diplomat Country Club & Spa in Hollywood on behalf of a pension fund as well as expanding services of the firm in the Southeast United States, the Caribbean and Latin America. Christian recently oversaw the sale of three Club Med resorts in Mexico. As a hotel specialist, Christian has over 25 years of hospitality experience and has been involved in various hotels, resorts and mixed-use dispositions worldwide for the last eight years. Anwar Elgonemy, vice president, represents the firm in the San Francisco Bay Area and is active in lodging sector advisory, debt placements and transactions for the firm. He has over 10 years of hotel investment experience throughout the Bay Area and Northern California. Born in Italy, Anwar speaks five languages and has worked on three continents. Jones Lang LaSalle Hotels, the world�s leading hotel investment services group, provides clients with value-added investment opportunities and advice. In 2003, its success story includes the sale of 12,429 hotel rooms to the value of US$2.4 billion in 59 cities and advisory expertise on 119,814 rooms to the value of US$18.8 billion across 281 cities. Jones Lang LaSalle Hotels� services include transactions, mergers and acquisitions, financial advice and capital raising, valuation and appraisal, asset management, strategic planning, operator assessment and selection and industry research. Jones Lang LaSalle (NYSE: JLL) is the world�s leading real estate services and investment management firm, operating across more than 100 key markets on five continents. |
| Contact:
Kristina Paider
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| Also See: | Jones Lang LaSalle Hotels Changes Leadership in Americas and Expands Operations / Mar 2000 |
| Anwar Elgonemy Appointed by Jones Lang LaSalle Hotels to Northern California Post / Jan 2003 |