New Hotel Debt Placement Division
Stephen Kindl Named Managing Director
|TAMPA, Fla., Nov. 27, 2006 - The Plasencia Group,
Inc., one of the leading national hospitality transaction and consulting
services firms representing owners of hotels, resorts, and golf courses,
has formed a Hotel Debt Placement division as part of its Capital Markets
Group. According to CEO Lou Plasencia, this new division will place The
Plasencia Group squarely in the hospitality lending arena, making the company
a single source for all hospitality-related transactions.
Chosen as Managing Director of the new Debt Placement Division is Stephen Kindl, who has been a Regional Vice President with the firm.
Mr. Kindl brings more than 20 years of experience in the real estate financing, acquisitions and sales arena. He has an extensive track record in successful client management, as well as capital market transactions, and has completed production volume of over $3.5 billion in financings, acquisitions and sales. The Debt Placement Division will be based in Connecticut and in close proximity to a variety of institutional lenders in the Northeast.
"Because of The Plasencia Group's long-standing relationships with the lending community and our dedicated hospitality focus, we are now enhancing our menu of client services," Plasencia stated. "Steve will be working with our seven regional offices to assist clients with debt placement and the short-term or long-term refinancing of their hotel portfolios. We have already received robust support from lenders as well as their strong enthusiasm to participate in the Debt Placement Division's efforts."
"We feel that the capital markets arena is a natural
extension of the firm's service menu," said Kindl. "The Company has been
financing hotels for many years on more of an informal basis. Formally
establishing the Debt Placement Division will allow us to expand this line
of business with dedicated professionals, while maintaining the comfort
that our clients are being supported by seasoned regional sales people
with local market knowledge."
About The Plasencia Group, Inc.
Founded in 1993, The Plasencia Group is the leading hospitality transaction and consulting services firm representing owners of hotels, resorts, and golf courses, with regional offices in Tampa, Hartford, Chicago, Dallas, Austin, Houston, Little Rock, Philadelphia, San Francisco, San Diego and Washington, DC. In conjunction with its affiliates, Regent Street for luxury properties, Sun Hospitality Advisors for select service properties and now Hotel Debt Placement, The Plasencia Group has provided personalized, valued-added investment opportunities and services to clients such as Prudential Real Estate (NYSE:PRU), Host Hotels & Resorts Corporation (NYSE:HST), Hilton Hotels Corporation (NYSE:HLT) and Metropolitan Life Insurance Company (NYSE:MET). The Plasencia Group offers a full range of value-added solutions, including transactions, financing, property valuation analysis, financial and strategic planning, project management and disposition, and proprietary industry research.
Cashman & Katz
|Also See:||The Plasencia Group, Inc. Advises MeriStar Hospitality Corporation In the Sale of Seven Florida Assets / February 2006|
|The Plasencia Group Expands Sun Hospitality Advisors Division With San Francisco Office / January 2006|
|Plasencia Group, Inc. Offers Aggressive Lodging Investment Roadmap for 2006 / January 2006|
|The Plasencia Group, Inc. Advises Islandia Associates, LTD in Sale of Hyatt Regency Islandia Hotel / Jnauary 2006|
|The Plasencia Group, Inc. Advises Thayer Lodging Group on the Sale of Eight Properties to Pyramid Hotel Advisors, LLC Properties Combine Geographic Diversity, Performance and Growth Potential / July 2005|
|Robert C. O'Leary Named Vice President of the The Plasencia Group's Sun Hospitality Division / March 2005|
|The Plasencia Group Is Exclusive Marketing Advisor on Sale of Long Beach Hilton / January 2005|
|The Plasencia Group Appoints Brian K. Rodgers as Senior Associate, Western Region / Aug 2004|
|The Plasencia Group Appoints Stephen Kindl as Regional Vice President for the Northeast / July 2004|
|The Plasencia Group Advises on the Sale of the San Jose Wyndham / July 2004|
|The Plasencia Group Advises on the Sale of the Marriott Irvine, Orange County, California / June 2004|
|The Plasencia Group Appoints Eric M. Holtze as Director of Financial Analysis / June 2004|
|The Plasencia Group Launches Sunbelt Hospitality, Led by Robert Wiemer in Houston / March 2004|
|The Plasencia Group Advises on the Sale of Interest in the Don Cesar Beach Resort / December 2003|
|The Plasencia Group Advises on the Sale of the Hilton Garden Inn, Ybor City, Tampa / Sept 2003|
|The Plasencia Group Appoints Jessica L. Corcoran Director of Marketing and Business Development / Aug 2003|