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| Renny Goldstein |
TAMPA, FL — Officials of Davis
Hotel Capital, a premier investment banking
firm with a focus on hospitality real estate, and F10 Hotels, one of the hotel industry’s highest volume mortgage
brokers, announced the two companies have joined forces to provide clients with
enhanced and expanded hotel investment advisory and financial services.
Geoff Davis and Angelo Stambules from Davis Hotel Capital are
assuming senior level roles within the F10 platform.
“The hotel industry was said by the ‘experts’ to
have peaked in 2013, yet here we are five years later with most markets across
the United States still remaining healthy," according to Renny
Goldstein.
 |
| Geoff Davis |
"While historically low interest rates have buoyed returns, new supply is
a concern of both lenders and equity investors. That’s why it’s critical
at this stage of the cycle to have seasoned expertise in structuring
capital.
"F10
is recognized as a capital markets leader, which Angelo and I certainly
complement with our track records. At the same time, my investment sales
experience will allow F10 to increase our presence in hotel brokerage.
"With
over 800 hotel sales on my resume, representing in excess of $12 billion of
transactions, we see the opportunity to combine our capital markets skills with
the ability to provide a targeted approach on investment sales to produce
exceptional results for our clients.”
Goldstein added, “We have always been
proud of working with a full range of clients, from mom and pop hotel owners to
institutional investors and everyone in-between.
 |
| Angelo Stambules |
"F10
provides each client with the same high touch level of service, while our attention
to detail in presenting underwriting materials has engendered a unique level of
trust from our capital sources. "
"We
see Geoff and Angelo as valuable additions who share the same philosophy and
have the reputation to back it up.”
In addition to placing permanent, bridge and
constructions loans, F10 Hotels also provides capital advisory services to
arrange mezzanine debt, preferred equity and joint venture equity. With
offices in Florida, Texas, Colorado and the District of Columbia, the company
intends to broaden its efforts in hotel investment sales.
F10 Hotels structures and raises debt and equity
capital for hotel transactions nationwide. The company solves
complex financial problems by creating efficient capital solutions for clients
of all sizes. Additional information may be found at http://f10hotels.com.
For more
information, 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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