Tampa, Fla. (August 3, 2020) – The Plasencia Group is pleased to announce the formation of the 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 has been designed to quickly connect firms seeking to invest in the lodging industry with hotel owners needing capital to support property operations, facing maturing loans, desiring to pay down their existing debt, or preferring to exit their holdings altogether. Lou Plasencia, Chief Executive Officer of The Plasencia Group commented, “For the past several months, we have continued to receive calls from long-standing investor relationships 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.” Plasencia added, “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 alike, to craft the most suitable capital structures in today’s investment environment. Capital sources seeking to provide runway capital to owners in need can quickly register their preferred investment parameters at The Plasencia Group’s website: www.tpghotels.com/nexus.