Carlton Chairman, Howard L. Michaels, meeting with investors in Europe July 5-12th
July 1, 2013
Carlton Chairman, Howard L. Michaels along with Carlton Hospitality President, John Bralower will be visiting Greece, Italy, Spain and Germany meeting with large property owners and financial institutions to provide high level strategic advice and unprecedented access to large amounts of capital to facilitate large transactions.
Carlton has been in business since 1991 and we have completed well over $100 billion of transactions. We specialize in raising multi-tranched debt and equity capital for large complicated transactions. We presently have well over $2 billion of European exclusives either under contract or under exclusive mandates. We also completed last year the largest single discounted loan recapitalization when we recapitalized one of the most famous hotels in Italy. This was a €250 million transaction.
Earlier this year we closed a large land loan in London and we presently have over €500 million of fundings under letter agreement. These fundings are to facilitate the funding for borrowers who can buy their loans back at a discount as well as Carlton arranging 90% of the equity to facilitate our clients acquisition.
We possess a tremendous international relationship of equity and debt investors and we can quietly run a competitive process which will provide you with the lowest cost of capital.