 |
| Dana Tsakanikas |
ATLANTA, GA, July 31, 2019 —Hospitality Ventures Management
Group (HVMG), an Atlanta-based, private hotel investment, ownership and
management company, today announced it has named Dana Tsakanikas
executive vice-president and chief investment officer.
In the newly created role, Tsakanikas will work closely with
Robert Cole, HVMG president & chief executive officer, and Mary
Beth Cutshall, executive vice-president & chief development officer,
along with the rest of the development & acquisitions team.
They will support of the company’s growth
efforts by sourcing new capital and structuring/transacting on acquisitions,
joint ventures and dispositions, as well as executing on new and existing
strategic partnerships and relationships.
Tsakanikas
also will support HVMG and its hotel partners with any property refinancing
needs and assist with the oversight of existing investments and with
value-creation asset management projects and routines.
 |
| Robert Cole |
“With more than 25 years of extensive experience in commercial real estate,
transactions and capital-raising, Dana will be instrumental supporting our
growth strategy and leading various projects and strategic initiatives that
will expand upon our ability to support our hotels and our partners,” said
Cole.
“My history with Dana goes back more than 15 years. In
that time, he has proven himself to be a very adept real estate financier and
savvy when it comes to structuring transactions and joint ventures.
"I am confident Dana will help HVMG achieve its
aggressive growth goals as we continue to expand our platform and portfolio of
hotels.”
Tsakanikas most recently was executive vice-president with
Stonehill, the financial arm of Atlanta’s Peachtree Hotel Group. While there, he led strategic
initiatives, sourced capital and structured and executed equity and debt
transactions.
Prior to that, he advanced to the position of
a senior vice-president with Rockbridge Capital, one of the largest hotel
investors in the U.S.
During
his tenure there, he played a significant role sourcing, structuring and
executing on more than $4 billion of debt and equity across 200-plus hotel
transactions.
He also was heavily involved in asset
management, completing due diligence and working on hotel dispositions.
A frequent speaker and panelist at industry
conferences and events, Tsakanikas has spoken at the Hunter Hotel Conference,
JMBM Meet the Money Conference and several conferences related to Opportunity
Zone investments.
 |
| Mary Beth Cutshall |
“Though I continue to learn from those around me, I am confident that my
previous hotel real estate, transaction and capital markets experience can
contribute to building on HVMG’s exceptional growth.
HVMG has an
excellent reputation as a leading hotel ownership, management and investment
group, and I look forward to doing my part within the team to help achieve the
company’s goals and continued success.”
Contact:
Chris Daly
Daly Gray, Inc.
703-435-6293
No comments:
Post a Comment