Saturday, August 5, 2023

Dimension Hospitality Names Greg Friedman CEO

 

Greg Friedman

FORT LAUDERDALE, FL -- Dimension Hospitality, a leading hotel management and development company, announced the appointment of Greg Friedman as CEO following the sudden death of company founder and philanthropist, Sam Friedman, on July 2. 

 Sam Friedman

Greg Friedman joined the company in 2000 as General Counsel and most recently served as company President.

 Greg and Sam focused on growing the company’s portfolio to its current 80 hotels through both hotel development and management contract acquisitions. 

 

 

 CONTACT:

  

Lauralee Dobbins

856-979-8929

 

Hotels Veteran Andrea Grigg to Lead Global Hotel Asset Management for CBRE

 

Andrea Grigg

Atlanta, GA – CBRE announced Andrea Grigg has joined CBRE Hotels as a Senior Managing Director and Global Head of Hotels Asset Management to develop and lead the firm’s global hotel asset management and operator selection practice.

 

Based in Atlanta, Ms. Grigg will focus on bringing cross-border hospitality solutions and ownership representation to global hotel investors.

 

 She will also oversee operator and brand selection, as well as management contract negotiation services, helping better serve hotel owners by sharing global best practices.


 Bill Grice

“Andrea is widely known and respected within the hotel industry as a best-in-class advisor that puts her clients first.

 

"Her dedicated and focused approach, paired with unparalleled experience position Andrea as the ideal leader of our growing hotel asset management practice,” said Bill Grice, President of CBRE Hotels in the Americas.

 

Grigg joins CBRE from JLL, where she spent the last 16 years as a leader in the firm’s hotel asset management practice.


 CONTACT:

 

Cole Mortland

+1 619 985 8171

cole.mortland@cbre.com

Sendero Capital and Angelo Gordon complete the acquisition of a mission-critical healthcare facility in Rhode Island

 

Mindy Berman

 BOSTON, MA – JLL Capital Markets has advised Sendero Capital and Angelo Gordon on the acquisition of 2 Wake Robin Road, a 30,000-square-foot medical office building in Providence, Rhode Island.

 Ross Negele
The transaction represents the second acquisition in Sendero Capital and Angelo Gordon’s programmatic joint venture, which allows for up to $300 million in investments in outpatient healthcare real estate.

 The joint venture is focused on value-add and core plus outpatient medical office and surgery center assets throughout the Northeastern United States – a region with high barriers to entry, strong growth and one of the largest concentrations of healthcare businesses in the U.S.

 

Constructed in 2006, 2 Wake Robin Road is a premier medical office building that is currently 96% leased to Lifespan Health System and clinical medical tenants offering a variety of services, including urgent care, primary care, imaging, pediatric care, physical therapy and pathology.


Brannan Knott
2 Wake Robin Road is conveniently located off Route 295 and Route 146 on George Washington Highway. 


The facility sits directly across the street from the Lincoln Mall, 0.25 miles from Route 146 and three miles from Bryant College.

 

The building is located less than an hour from Boston and two national airports, and it is strategically positioned between Landmark Medical Center (6.6 miles) and Miriam Hospital (10 miles).

Anthony Sardo

“We are very excited to enter the Rhode Island market with the acquisition of 2 Wake Robin Road, a strategically located medical facility offering an ecosystem of outpatient medical services,” said Ross Negele, Principal at Sendero Capital.

 

The JLL Capital Markets team was led by Managing Director Brannan Knott, Senior Managing Director Mindy Berman and Director Anthony Sardo.

 

 CONTACT:

 

 

Alli Semans

PR, Hotels & Hospitality,

 Capital Markets

JLL
M +1 330 329 6750