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Los Angeles, January 10, 2024 – RobertDouglas, one of many nation’s main lodging funding banking corporations, has promoted Patrick Tan to the position of Senior Vice President. The announcement was made by Stephen O’Connor, Principal & Managing Director of RobertDouglas. Based mostly within the agency’s Los Angeles workplace, Mr. Tan has been an integral a part of the agency’s progress as a profitable and extremely revered advisor to personal and institutional shoppers within the hospitality house.
“Patrick is a rising star inside our agency,” mentioned O’Connor. “It’s with nice pleasure that we welcome him to our senior administration staff and in addition acknowledge him as a frontrunner for transaction execution as we proceed to strategically develop our group and enter the subsequent section of the financial cycle.”
Rob Stiles, Principal & Managing Director and co-founder of RobertDouglas, added, “Over the 4 years that Patrick has been with our agency, we now have benefitted drastically from his experience in evaluating working firms and his diligence underwriting resort actual property; his power and enthusiasm networking in massive teams in addition to working in small groups; and his ardour and enthusiasm for all elements of the dynamic hospitality business. It is a milestone for Patrick and additional solidifies the depth of expertise inside the agency.”
Mr. Tan advises shoppers within the sale, financing and three way partnership capitalization of institutional-quality resort properties and portfolios all through North America. Notable transactions executed by Mr. Tan embody the funding gross sales of the AC Lodge in Louisville, KY; the pre-development bridge financing of a challenge in Woodland Hills, CA; and the portfolio financing for Gravity Haus.
Previous to becoming a member of RobertDouglas, Mr. Tan labored at a personal fairness and debt funding agency that primarily invests within the branded restaurant business, specializing in franchisors & franchisees, impartial chains, firms serving the restaurant end-markets, and associated actual property alternatives. Mr. Tan is a graduate of Cornell’s College of Lodge Administration.
About RobertDouglas
RobertDouglas is an actual property funding banking agency with workplaces in New York, Los Angeles, San Francisco, Chicago, and Nashville that focuses on the sale, financing, and fairness capitalization of resort, resort, and gaming properties all through North America. Based in January 2013 and at present led by its 4 companions, Rob Stiles, Doug Hercher, Stephen O’Connor, and Evan Hurd, RobertDouglas presents entry to distinctive home and worldwide institutional investor and lender relationships because it combines the capital markets sophistication of top-tier funding banks with diligent resort underwriting and confirmed asset administration expertise.
For extra info, contact data@robert‐douglas.com or go to www.robert-douglas.com.
Paul Kesman
+1 248 321 2035
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