Dr. Donald W. Wise, Co-founder and Senior Managing Director of Newport Beach-based Turnbull Capital Group, and Gretta Brooks, Founder & CEO of Plano-based SalesBoost, LLC, are pleased to announce their fourth Webinar in a series on the discovery of hotel and resort values today.
This Webinar is moderated by Dr. Donald W. Wise, Founder of CBRE Hotels in the 1984 and Founder of the lodging and hospitality lending group at Walker & Dunlop in 2007.
The Webinar is Wednesday January 13th at 9:00 AM PST – 12:00 PM EST ~ we have added Ms. Tanya Pierson, MAI, Senior Managing Director, HVS and 35-year friend Mr. William H Reynolds Jr., Senior Managing Director, The Marcus Corporation
The panel features a world-class crew of veteran hospitality professionals:
- Gregory Mount, Founder, the Victory Hotel Group
- Tanya Pierson, MAI, Senior Managing Director, HVS
- Paul Novak, Managing Director, Whitman Peterson
- Ned DeLorme, Acquisitions, Jupiter Holdings LLC
- William H Reynolds Jr., Senior Managing Director, The Marcus Corporation
- Glenn B. Callison, Partner, Munsch Hardt Kopf & Harr, P.C.
Attached is the link to register for the webinar:
https://salesboost.zoom.us/webinar/register/WN_ocBxPhK9S-u_9LF8ScQIdA
Please visit our electronic business card to find out more about our Preferred Equity business models for distressed hotel and resort borrowers; learn more about our fifteen Turnbull Capital Group Team members; or to schedule a confidential Zoom appointment:
https://go.thryv.com/site/TurnbullCapitalGroup
About our distressed real estate rescue programs for distressed hotels and resorts:
Our Turnbull Capital Group Team has been involved in approximately $19.5 Billion of hospitality workouts, restructurings, bankruptcies, receiver controlled, and lender owned real estate over 37 years.
We have created seven entirely different alternative white knight scenarios to create liquidity for distressed hoteliers:
- Our preferred equity business models have funded over $200M in the last six months – with another $150M in the queue. We have seven different preferred equity funds active in this space with billions of dry powders; and
- Two different ground lease business model platforms. If a property had weak 2019 revenues, our ground lease venue is a logical alternative. Specifically, in urban markets, where the value of the fee simple title maybe as much as 25% of the value of the asset that can provide cash liquidity to the distressed borrower.
Turnbull Capital Group’s fifteen Senior Managing Directors each have some of the most prominent pedigrees in the hospitality universe – each with in excess of thirty years tenure in distressed hospitality. Six members of our team have graduated or studied under HVS founder Steve Rushmore at the Cornell University School of Hotel Administration.
