Tuesday, March 1, 2011

Stephen Pearlman Joins Molinaro Koger as Managing Director, Capital Markets Group

 WASHINGTON, D.C., Mar. 1, 2011—Officials at Molinaro Koger (MK), the global hotel-exclusive real estate brokerage, advisory and capital markets firm, today announced that Stephen J. Pearlman (top right photo) has joined the firm as managing director, Capital Markets Group.

  Pearlman is based in the firm’s New York office and, along with MK’s two other senior financing experts, Pierre Ranjeva, vice president, and Randy Gray, vice president, will focus on both domestic and international capital markets.  

“As the global hotel real estate industry gains traction, financing will be the key component to move from recovery mode to fueling growth, be it balance sheet re- capitalization, construction/renovation and acquisition financing or refinancing,” said Robert T. Koger, (middle left photo) MK president. 

“Hotel financing has become increasingly complex.  Sourcing and make-up of the capital stack is constantly changing, and we will remain on the cutting edge.

“ Our team has the expertise to lead the entire capital raise process—from executing sponsor requirements, through negotiations of terms and covenants, to helping close the debt or equity transaction on single assets to multi-national hotel portfolios.

“Steve has worked in all areas of finance with some of the industry’s most prestigious firms and has completed more than $8 billion in financing transactions, including raising debt and equity in a variety of structures, handling loan portfolios and workouts and restructuring,” he said.

 “His in-depth expertise in hotel real estate financing adds greatly to our bench strength in this critical area.”

Prior to joining MK, Pearlman was senior managing director at Beacon Hospitality Partners, a global hospitality asset management, advisory and transactional practice. 

 For further information about the company or current hotel property offerings, call 703.760.9600 or visit the company’s website http://www.mkhotels.com/.

Contact:  Jerry Daly, Chris Daly, Patrick Daly, (703) 435-6293.

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