TAMPA, FL—The Plasencia Group has launched 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, 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.
“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,” said Lou Plasencia, CEO, The Plasencia Group. “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.”