News for the Hospitality Executive
Jed Heller, President of The Providence Group, Invited
to Participate as a Panelist for the
IMN U.S. Real Estate Opportunity & Private Fund Investing Forum
May 29, 2009 – Duxbury, MA. The Providence Group, LLC, a Massachusetts-based full service hospitality management company, announced today that President Jed C. Heller will serve as a panelist at the 10th Anniversary U.S. Real Estate Opportunity & Private Fund Investing Forum, to be held June 11-12, 2009 at the Sheraton New York Hotel & Towers. Heller will participate in a panel discussion led by Stephen L. Rabinowitz, Chair, NY Real Estate Department, Greenberg Traurig LLP, on “Distressed Hotels: Where are the Best Investment Opportunities?”
The one-hour panel discussion will discuss a variety of issues involving distressed hotel investments, including exit strategies, legal and due diligence acquisition points, capital sources, distressed mixed-use projects, turnaround and repositioning strategies, and operational issues. Heller will be joined on the panel by William McInerney, Partner Cadwalader, Wickersham & Taft LLP, JJ Lenhart, Vice President, Citi Property Investors, Clark W. Hanrattie, Chief Investment Officer, Hei Hotels and Resorts, Kate Hendriksen, Senior Vice President of Investment Analysis & Portfolio Management, RLJ Development, and Bob Sonnenblick, Chairman, Sonnenblick-Del Rio.
Sponsored by the Information Management Network (IMN), the two day forum is designed for the fund, developer and LP communities to meet and discuss the opportunities that distressed real estate and frozen capital markets have created as well as effectively managing troubled legacy assets. In response to evolving market conditions within the fund industry, the 2009 Forum will provide a real-time reflection of market events.
“Given the bleak outlook for the hotel market in the year ahead, this Forum couldn’t come at a better time for fund representatives, investors, advisors, developers and owners. The collective ideas that come out of these sessions may help formulate the strategies to prepare for the worst and help identify the potential investment opportunities that might be out there,” said Heller.
Heller founded The Providence Group to offer hospitality and general management services to hotels, time-share resorts and condominiums in the U.S. and overseas. Today, the company specializes in managing small-to-medium size hotels and currently provides management and consulting services for numerous east coast properties.
About the Information Management Network
IMN produces international educational conferences for investors in all fields of finance and commerce in more than 30 cities across Asia, Europe, North America, South America, Australia and the Caribbean. www.imn.org
About the Providence Group
The Providence Group is a full service hospitality management company focused on serving the needs of small to mid-size hotels. Company Founder and President, Jed C. Heller, is a 30 year veteran of the hospitality management industry and serves on the editorial board of HotelExecutive.com and the Resort Management Committee of the American Resort Development Association. He is also a frequent guest speaker at industry conferences. www.providencegrp.com
|Also See:||Jed Heller, President of The Providence Group, Invited to Participate as a Panelist for the Information Management Network (IMN) Distressed Hotel Symposium / April 2009|
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