Tampa, Fla. (May 2, 2023) – The Plasencia Group, a leading, privately-owned lodging investment advisory firm, is pleased to announce the promotion of Andrew Pappas to Vice President, adding to an already robust team of Florida hospitality investment advisors. Based in the firm’s Tampa office, Mr. Pappas is responsible for providing advisory services to hotel and resort owners and investors on individual and portfolio transactions, capital markets and strategic consulting needs, and owner representation and development management situations.
Mr. Pappas initially joined The Plasencia Group in the summer of 2019, receiving his master’s degree in real estate from Georgetown University soon after arriving at firm. He had previously earned his bachelor’s degree in finance from the University of South Florida and then worked with CBRE as a Research Analyst. Andrew’s most recent position at The Plasencia Group has been as a Senior Financial Analyst where he worked in various areas of the company’s engagements in acquisitions, dispositions, owner representation and development management.
“Andrew has quickly proven himself as a capable and committed member of the team. He has garnered his colleagues’ and our clients’ admiration for his work ethic, high standards and personal integrity,” said Lou Plasencia, Chairman and Chief Executive Officer. “We have no doubt that Andrew will continue to be extremely successful as he takes on this new role as a member of our Florida Investment Advisory team.”
“The Plasencia Group has established itself over the past three decades as the most prolific hotel transaction firm in Florida. We have a reputation for offering our clients deep local knowledge and unmatched hospitality expertise. I am excited to add to the firm’s presence by working with a respected and seasoned team of hotel and resort investment professionals,” said Mr. Pappas.
The Plasencia Group is a full-service lodging investment advisory firm offering transaction services, capital markets, owner representation and development management consulting services to its clients throughout North America. The firm has completed hundreds of engagements since it was founded in 1993 by Chief Executive Officer Lou Plasencia.