Home
Hotel News
Upcoming BITAC® Events - Request Event Info
Tech & Operations 2014 (May 4 - May 6) 2 Spots Left for Suppliers
Global 2014 (June 8 - June 10) 13 Spots Left for Suppliers
Purchasing & Design East 2014 (July 20 - July 22) 5 Spots Left for Suppliers
  Are you a member? Log In  or  Sign Up
Simmons Hospitality Bedding
 
Share
Send a summary and link to this article
To Email
Your Name
Your Email
Bot Test
To pass the Bot Test, please type the white text that you see in the gray box. This helps us prevent spammers from abusing the system.
Print Printable Version

PMZ Realty Capital LLC Closes Record Amount Deals in 2013

Tuesday, December 03, 2013
bookmark this
Bookmark to: Digg Bookmark to: Del.icio.us Bookmark to: Facebook
Bookmark to: Yahoo Bookmark to: Google Bookmark to: Twitter
We are on Twitter

PMZ Realty Capital LLC, a national boutique real estate investment-banking firm focused on creating cutting edge capital structures for their clients, reported today a record-breaking amount of deals in 2013. With a total dollar volume of $867,000,000 representing financing for 57 hotels, this year marks the most successful year for the firm to date and emphasizes their extensive transaction history. This year’s deals included major hospitality brands including Marriott, Hilton, IHG, Starwood, Choice, Best Western, La Quinta plus several independent hotels.

“We had a great year and were able to close deals from coast to coast in the U.S. We saw most of our activity in Southern half of the United States, but were involved in deals just about everywhere,” stated Michael Sonnabend, Managing Member, PMZ Realty Capital LLC. “We expect this positive trend in financing to continue throughout 2014 and the next couple of years. There is plenty of equity and debt capital available and tremendous pent-up demand from the hangover of the recession. These will be very active years in the hospitality industry and we are thrilled to be working with hoteliers to help them achieve the optimal financing structure for their hotels.”

“PMZ Realty Capital LLC is ideally situated to get our clients the most favorable execution in terms of both proceeds and costs based on our experience with closing hundreds of deals over the past several years and our strong relationships with all the major capital providers in the hospitality industry,” said Peter Berk, President, PMZ Realty Capital- Hotel Finance Group. “The biggest challenge we see today is attaining required leverage to pay off existing financing. We help our clients do that with creative structures tailored to each particular situation. With the robust number of closed deals this year alone, we’ve proven without a doubt no one finances more hotels than our firm.”

PMZ Realty Capital LLC is highly regarded within the hospitality industry for integrity, creativity and advocacy on behalf of their clients. With over 75 years of combined experience, they are the industry experts and as such, are frequent contributors to industry publications and are sought after as speakers at industry conferences. The firm approaches each assignment with passion, commitment and dedication to achieving the client’s objectives.

About PMZ Realty Capital LLC
PMZ Realty Capital LLC (www.pmzcapital.com) is a boutique real estate investment banking firm operating on a nationwide basis. Their advisory services are focused and highly specialized with the singular goal of creating the most advantageous capital structure for their clients. The firm focuses on debt and equity financing, note sales, joint ventures, recapitalizations and real estate advisory services. PMZ Realty Capital LLC is a national leader in hospitality financing and also has an extensive transaction history with other asset classes, including office, retail, self-storage, multi-family and industrial properties. For more information about PMZ Realty Capital LLC or to contact the firm to finance your next hotel, contact Peter Berk, President, PMZ Realty Capital LLC – Hotel Finance Group at (212) 277-8265 or Michael Sonnabend, Managing Member at (212) 277-8252.

Feedback Messaging & Feedback
We welcome your opinion! Log In to send feedback.
Already a member?
Login
Log In
Not yet registered?
Login
Sign Up
Need More Information?
Information
Benefits
 
  RSS Feed
RSS Feed
Policies
Contact Us
Mobile Version