Friday, May 11, 2018

Bryson Clements Joins 29th Street Capital's Chicago Office

Bryson Clements

Chicago, IL – Bryson Clements has joined 29th Street Capital’s (29SC) Chicago office as a Senior Vice President of Acquisitions focused on military housing nationwide for seniors, students, disabled veterans and active-duty personnel.

“Bryson has a remarkable track record that exemplifies what we look for in new hires,” said 29th Street Capital’s Managing Director Robert Bollhoffer. “He has had a variety of leadership and entrepreneurial roles that involved investments, management and capital markets as well as a host of other skills. 

"We are thrilled that he joined our team and is definitely going to make a difference in launching our military housing efforts.”

Military housing traditionally focuses on active duty soldiers near bases. Clements and 29SC are expanding this sector to develop branded properties nationwide that are tailored for seniors, students and disabled veterans, with each property facilitating access to veterans’ benefits, military installations and care facilities.

Robert Bullhoffer
Clements has over 12 years of experience in investment banking, management consulting, and as a buy-side investor and portfolio manager. 

His clients ranged from Fortune 100 corporations to private equity firms across several industries. 

He advised on deals as large as $18.5 billion for various corporations, municipalities and financial sponsors such as Berkshire Hathaway.

He served 16 years as a Senior Counterintelligence Officer in the military and Department of Defense, leading elite teams in global operations. Clements was also a Strategic Advisor to the chairmen of both the Senate Finance and the Intelligence Committees.

He earned a B.S. in Accountancy from Brigham Young University and an M.B.A. from Chicago Booth – University of Chicago Graduate School of Business.

For more information, please contact:

Terri Thornton
Partner, Thornton Communications

Exeter Property Group Completes Two New Long-Term Leases at Lee Vista Center in Southeast Orlando, FL

Nick Sands
ORLANDO, Fla. --- Exeter Property Group, a leading owner and developer of industrial real estate throughout the U.S. and Europe, recently completed two new long-term lease agreements for a total of 6,720 square feet at Lee Vista Center, 6901 TPC Drive, in Southeast Orlando.

Nick Sands, Regional Acquisitions and Leasing Officer for Exeter in Florida, brokered both transactions representing the owner/landlord. 

The two new tenants who each leased 3,360 square feet are local businesses: Opmax who is training and administrative services for the rental car industry and Vaulted Cellar, a distributor of domestic and imported wines.        

Lee Vista Center, a 40,329 square foot flex/industrial building located off of Lee Vista and Semoran Blvds. near Orlando International Airport is currently 75 percent occupied.    
For more information, please contact:

Larry Vershel Communications, Inc., Larry Vershel or Beth Payan 407-644-4142 or 407-461-3781

PM Hotel Group Completes Renovation of Homewood Suites by Hilton Dulles-North/Loudoun in Washington, DC Corridor

Joseph Bojanowski
WASHINGTON, DC—Officials of PM Hotel Group, a leading, national hotel management company, announced the completion of the renovation of the Homewood Suites by Hilton Dulles-North/Loudoun

  The Buccini/Pollin Group (BPG), a privately held, full-service real estate acquisition, development and management company, owns the hotel.

“With the completion of this multi-million-dollar renovation, the hotel has achieved ‘like-new status,’ with upgraded public spaces, guest suites, a glamorous outdoorkitchen/dining/entertainment area, and other life-cycle investments, including a new roof,” said Joseph Bojanowski, president of PM Hotel Group.

Homewood Suites by Hilton Dulles-North/Loudoun, VA
 “The Dulles Corridor remains one of the most robust markets in the Mid-Atlantic region.  Homewood Suites by Hilton Dulles-North/Loudoun is positioned as a leading upscale extended-stay hotel in the area, and we fully expect our guest feedback to reflect this.  Initial response already has been outstanding.”

Located at 44620 Waxpool Road in Ashburn, Va., the hotel’s public spaces were completely reimagined to bring guests the latest brand amenities to help make their extended stay more homelike. 

For more information, please contact:

620 Herndon Parkway, Suite 115 | Herndon, VA 20170
Main: 703-435-6293
Mobile: 703-864-5553

New Castle President and COO Gerry Chase To Retire from Company after 30 Years

Gerry Chase

 SHELTON, CT, May 11, 2018— New Castle Hotels & Resorts, a leading third-party hotel management company, owner and developer today announced that longtime president and COO Gerry Chase will retire from NCHR effective June 30, 2018.  

Founded by David Buffam in 1980, New Castle will be led by sons Jeremy Buffam and Julian Buffam in the future. 

                Chase joined the company in 1988 and oversaw hotel operations and later development efforts of more than 80 hotels and resorts.  Chase began his hospitality career as a bellman, rising through the ranks of Marriott International, and later holding executive positions with Interstate Hotels and Resorts before partnering with Buffam to build New Castle. 

David Buffam
             “David offered me the opportunity of a lifetime when he welcomed me into his family business, and after 30 years it’s time to turn over the keys to a new generation,” said Chase. 

“We have a strong executive team in place, a robust development pipeline and a very successful portfolio of owned and operated hotels that each are market leaders.  I can move into this next phase confident that our associates, investors, partners and hotels are all well positioned for continued prosperity."

                Chase has been a dedicated industry collaborator serving on numerous brand advisory boards as well as the board of the American Hotel & Lodging Association and the American Hotel and Register Company. 

In 2015, he was awarded the prestigious Arthur Landstreet Award, which is presented annually to an individual who has made a lasting impact on the quality of education and training in the hospitality industry.

 For more information, please contact:

Lauralee Dobbins
Member SATW
2017 Pepperpot Award Winner