| Phoenix, Arizona � October 27, 2004 � Rob Koger, president of Molinaro
Koger announced today that one of the nation�s leading hotel real estate
brokers, Bill Murney, has joined the firm as a Managing Director, and will
head Molinaro Koger�s new Phoenix office.
�Given Bill�s excellent brokerage track record, extensive contacts and expertise with hotel real estate assets, there is no doubt that Bill will make a high-level contribution to Molinaro Koger and to our clients.�
�I am enthusiastic about joining forces with Molinaro Koger,� said Mr. Murney. �In my experience, the firm is unique in its commitment to clients, its advisory capacity, and their entrepreneurial approach to the business, providing cutting-edge products and service not available anywhere else. I believe working with Rob and the MK team provides a significantly improved platform to deliver service to my clients and offers existing MK clients an added resource.� Bill Murney can be contacted at Molinaro Koger, Phoenix: 2575 E Camelback Rd. Suite 450, Phoenix, AZ 85016; phone 602-343-2323, fax 602-343-2324; [email protected]. The Phoenix branch office of Molinaro Koger is the company�s eighth office. The firm is based in metro-Washington, DC with offices in London, Atlanta, Chicago, Cincinnati, Dallas, Los Angeles and Phoenix. According to president, Rob Koger, further expansion is in the works. �Molinaro Koger currently has a total of 18 brokers and a support staff of 25 marketing and administrative professionals. I am constantly looking for the best possible people and clearly Bill is among the best. �Top performers are difficult to locate, so when one is available, I do everything possible to secure them for MK. When they join Molinaro Koger their work ethic, creative endeavor and commitment to results are fully supported and highly rewarded.� About Molinaro Koger
Molinaro Koger is an international hotel real estate advisory firm. The company structures boutique through luxury hotel transactions throughout the Americas and Europe. MK is headquartered in metro-Washington, DC, and has offices in London, Atlanta, Chicago, Cincinnati, Dallas, Los Angeles and Phoenix. Over the past decade the firm has captured the industry�s leading hotel transaction awards including Highest Volume, Largest Transaction and Salesman of the Year. Joseph Molinaro founded the firm in 1959, and since then Molinaro Koger has successfully marketed hotel real estate, sponsored limited partnerships, and arranged financing for purchasers. Given the cyclical nature of real estate, the firm has weathered an array of highs and lows during the course of its 44-year history. Throughout that time, the company has grown and assisted clients in achieving their investment goals. �With each lodging real estate cycle we gather strength, expertise and contacts enabling us to better serve our clients best interests regardless of economic highs or lows,� says President Robert Koger. �The results we achieve are directly attributable to the commitment and expertise of our professional staff.� Molinaro Koger can be accessed online at www.molinarokoger.com. |
During
the course of his award-winning 19-year career in commercial real estate
Mr. Murney has sold more than $800 million in hotel and resort assets.
Some of his notable assignments include the Tenaya Lodge, Yosemite, California,
the Beverly Hotel, New York City, the Phoenix Airport Hilton Hotel, the
Oakbrook Hills Resort, Chicago and the Marriott Courtyard and SpringHill
Suites Hotels in Scottsdale. Mr. Murney�s client list is a who�s who of
hotel investment and includes Hilton Hotels Corp., Marriott, FelCor Lodging
Trust, Meristar Hospitality, Destination Hotels & Resorts and Hyatt
Hotels.
