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Testimonials

PMZ Realty Capital views each client relationship as special, and we work hard to ensure every transaction gets the very best execution available in the marketplace.  The first task of any potential assignment is to understand our clients' objectives and then to identify and evaluate alternatives. Once we have completed this analysis, we work in concert with both our clients and potential sources of capital to structure the most effective capitalization options for their projects. We not only assess current property operations, but also address repositioning strategies that enhance asset value and maximize appeal to capital sources.  Our experience, responsiveness, honesty and market credibility are what our firm is based on.

We think our clients agree.
“Over the past few years, we’ve engaged Peter Berk to refinance a substantial portion of our portfolio: 18 loans for both limited and select service hotels across four states, an excess of $200 million total in debt financing. I always value Peter’s insight into the current state of the financing market. He is always responsive and enthusiastic, and he has an in depth knowledge of the financing markets. I am confident that PMZ Hotel Finance Group would add value as financial consultant/broker from their experience in the hospitality industry. “
Hasmukh P. (H.P.) Rama, JHM Hotels, Chairman of the Board / Chief Executive Officer
"I have had the opportunity to complete a dozen debt and equity transactions with Mike over the past ten years and value his financial and business insight. Mike brought new ideas and fresh thinking to each of the deals, and helped structure both debt and joint venture transactions that met our needs. Above all, we respect him and his firm as trustworthy advisors focused on his clients and their needs."
Ashish Parikh, Chief Financial Officer, Hersha Hospitality Trust
“I originally called Peter and Mike several years ago when we were seeking refinancing of two of our properties in Pennsylvania. The lender we were working with at the time had changed the terms on us several times. I explained the situation to them, and they assured me that they would close at the same exact terms or better then they originally quoted. Not only did they close at better terms then originally outlined, but they exhibited a sense of professionalism and integrity that every intermediary should posses. I have since worked with Peter and Mike on several other transactions, and their high level of service is consistent. I would recommend the PMZ Hotel Finance Group without hesitation to anyone seeking financing.”
Atul Patel, CEO, HMB Management, Allentown, PA
“When our company wanted to convert the Intercontinental Hotel on Central Park South in New York City into luxury residences, I knew who to call first. Within 30 days, Peter was able to secure an application for $110 million worth of financing. The financing included multiple layers of capital representing over 90% of the costs to complete the project. He coordinated multiple parties through the due diligence process in order to ensure a smooth closing. I have since worked with Peter and Mike on several other deals and their service and dedication remain outstanding. PMZ Realty Capital is my financial intermediary of choice. “
Steve Glascock, President, Anbau Enterprises
"I’ve worked with Mike Sonnabend on a variety of multifamily deals over the past 10 years. I value his insight and ability for ‘out of the box thinking’ which is certainly a key quality for success in these challenging times. He squarely focuses on what is best for the long term profitability of the transaction over an expedient short term solution. I look forward to a longstanding and continued successful relationship with Mike and PMZ Realty Capital over the coming years."
Andrew Cohen, President & CEO, Rock Management Corp.
“I’ve completed a variety of transactions over the past 10 years with Mike and his clients. Through the ups and downs of the real estate market cycle, he has consistently presented us with transactions that were attractive based on current market dynamics. Throughout the process from origination to closing he has been a strong advocate for his client, and on more than one occasion, thought of an innovative solution to structure around significant issues. This creative thinking has benefited his clients, and made me confident that once we begin a transaction with Mike, it will come to a successful closing.”
Michael Amoia, Director, NY based asset management firm
“Our firm currently operates over 45 hotels and restaurants in the upper midwest. When we wanted to arrange financing for eight of our limited and full service hotels in Iowa and Kansas, we started working with Peter after he was highly recommended by several of my peers. Peter did not disappoint us. He understood our unique local markets, and secured $60 million from a national insurance company. We have since engaged his firm several other times to arrange financing for us. There is no doubt in my mind that the professionalism and knowledge of PMZ Hotel Finance Group will benefit anyone looking to finance or refinance hotels."
Bruce Kinseth, Executive Vice President, Kinseth Hospitality Companies
“I always enjoy working with Peter on any financing projects I have. Our first project which we did together was the financing of a Four Points by Sheraton at the San Francisco Airport. I had a construction loan coming due in the next 60 days. Peter was able to secure long-term permanent financing at a very favorable interest rate. Two years later, I hired him to refinance the Holiday Inn San Francisco airport. He worked through complicated ground lease issues and secured a $16 million loan quickly and efficiently. I have recommended him to numerous other hotel owners as a great financial resource and look forward to working with him and his firm again.”
Jay Singh, President, Penninsula Hospitality, San Francisco, CA
 
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PMZ Realty Capital LLC
200 West 41st Street, Suite 805
New York, NY 10036

» Directions To Our Office
info@pmzcapital.com


Peter Berk
212.277.8265
berk@pmzcapital.com

Michael Sonnabend
212.277.8252
sonnabend@pmzcapital.com

Ira Ury
847.914.0448
ury@pmzcapital.com

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