News for the Hospitality Executive
André Balazs Properties Appoints Glyn Aeppel
as Chief Investment Officer
October 23rd 2008 - André Balazs Properties is pleased to announce the appointment of Glyn Aeppel as Chief Investment Officer. Aeppel was most recently Executive Vice President, Acquisitions and Development, of Loews Hotels, where she was responsible worldwide for corporate and asset acquisitions, joint ventures and management contracts. Aeppel brings with her over 20 years of international finance and development experience, having held senior roles at companies such as Fairmont Hotels, Le Meridien, Marriott Corporation, FFC Capital and Interstate Hotels.
Ms. Aeppel will focus on selecting additional capital partners to complement ABP’s current investment platform. The company’s strong operating and development expertise will enable Ms. Aeppel to take advantage of unique market opportunities and accelerate the company’s growth in US and International markets.
André Balazs has created some of the most innovative and widely imitated hotels in the world. The Collection includes The Mercer in New York, Chateau Marmont in Los Angeles, The Raleigh in Miami Beach and Sunset Beach on Shelter Island. The Standards include properties in Hollywood, Downtown LA and Miami Beach.
The company’s residential projects with internationally renowned architects Jean Nouvel, Richard Gluckman and Calvin Tsao have set a precedent for luxury urban living, and have received critical acclaim as some of the most commended new developments in Manhattan. Each Balazs property is united not only by a carefully considered sense of place, but an unwavering commitment to detail, atmosphere and pioneering design, which has established the portfolio as an unrivalled market leader in the United States.
Two highly anticipated André Balazs developments will be opening soon. The Standard, New York, the fourth and largest Standard Hotel in New York's Meatpacking District, is scheduled for completion in spring 2009. William Beaver House, Balazs’ latest residential development, has achieved unprecedented record-breaking sales in Lower Manhattan and expects its first occupants late November.
André Balazs Properties
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