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| Geoff Davis |
DENVER, CO and NEW YORK,
NY, Feb. 7, 2017—Principals Geoff Davis and Angelo Stambules today announced the formation of
Davis Hotel Capital, a premier hotel inv
estment banking and
mortgage brokerage firm with a focus on hospitality real estate. With offices in New York and Denver, the firm
specializes in raising debt and equity for hotel owners, as well as direct
equity investment in hotel assets.
“During my career, I have
arranged more than $6 billion of hotel capital and completed over $14 billion
in total hotel industry transactions, providing the company with diverse
experience and expertise,” said Stambules.
Angelo
has in-depth finance experience, having served in senior leadership positions
within Starwood Hotels & Resorts and Marriott International where he
oversaw direct real estate investments.
Additionally, he held
senior level banking positions at Capmark Finance (formerly GMAC Commercial
Mortgage) and GE Capital, where he participated in sourcing, structuring, and
underwriting over $10 billion of hotel loans,” said Davis, senior principal and
founder.
“During our collective 70 years in the
business, we have arranged financing across the United States and
internationally for all hotel asset classes, including individual and portfolio
select-service, resort, full-service, suburban and urban hotels,” he said.
“We will utilize our
extensive backgrounds in tandem with our strategic global industry
relationships to create innovative finance and capital solutions for our
clients. We also have formed an
investment group for direct equity investment into opportunistic hotel plays,
with a focus on value-add investments.”
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| Angelo Stambules |
“Funding acquisitions,
re-financings and developments in this phase of the real estate cycle will be
especially critical as capital becomes more selective,” Davis added. “Much of the low hanging fruit has been
picked, and completing transactions will require more complex structuring. Conversely, this often is the time when
investors can strike the best deals.”
DHC services include hotel
real estate mortgage brokerage and investment advisory support for hotel owners
and investors. The company sources debt
and equity capital, as well as hotel and resort investment opportunities.
DHC offers a full suite of
debt-related services, including sourcing acquisition and re-financing loans
with bridge or permanent loans, forward loan commitments and construction
loans.
“By specializing exclusively on hotel capital
markets, we have our finger on the pulse of hotel lenders, understanding which
lenders are providing what kind of debt at that moment in real time,” said
Stambules.
“Over the next several years, we expect the
hotel lending landscape to be more volatile as lenders shift their underwriting
criteria and focus. DHC is a skilled
intermediary that can provide access to the right kind of capital and key
decision makers to help prospective owners quickly access the funds needed to
make deals in a timely manner before the opportunity slips away.”
For a complete copy of the company’s news release,
please contact:
CHRIS DALY
PRESIDENT
DALY GRAY PUBLIC
RELATIONS, INC.
620 Herndon Parkway, Suite
115 | Herndon, VA 20170
Main: 703-435-6293
Mobile: 703-864-5553
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