TAMPA, Fla. — The Plasencia Group today announced the formation of TPG Lodging Capital Nexus, created to match capable providers of capital with owners of hotels and resorts needing funds to address financial challenges brought on by the COVID-19 pandemic.
TPG Lodging Capital Nexus is designed to quickly connect firms, family offices, and high-net-worth individuals seeking to invest in the lodging industry with hotel owners who need capital to support property operations, face maturing loans, desire to pay down their existing debt, or prefer to exit their holdings altogether.
Lou Plasencia, CEO of The Plasencia Group, explained, “For the past several months, we have continued to receive calls from long-standing investor relationships and new investors in the industry alike looking to place capital in the lodging sector. These are not predator investors; instead these are capital providers with long-term investment horizons seeking hospitality assets that have a strong pre-COVID performance record. Lodging Capital Nexus, as an exchange for lodging-focused capital, is the fastest and most direct route to match sources and uses of funds.”
The Lodging Capital Nexus team of seasoned professionals will use the relationships they have built over decades with hotel owners and investors to create suitable capital structures in today’s investment environment.
The Plasencia Group is a full-service lodging investment advisory firm that provides transaction services, capital markets, asset management, and development management services to clients throughout North America.