PMZ Realty Capital Arranges $20,000,000 Mortgage for The Glenn Hotel


PMZ Realty Capital LLC, a national boutique real estate investment-banking firm focused on creating advantageous capital structure for their clients, announced today they have arranged $20,000,000 mortgage for The Glenn Hotel in Atlanta. As part of the Marriott Autograph Collection, The Glenn Hotel has 110 rooms and specializes in individualized service for their guests with Personal Hotel Hosts.

“PMZ is highly regarding within the hospitality industry for their integrity, creativity and advocacy,” said David Marvin, President of Legacy Property Group, which owns The Glenn Hotel. “PMZ was extremely professional and made this process go very smoothly much to our delight.”

“Based on our extensive relationship in the financial community, we were able to obtain multiple bids to ensure the Legacy Property Group received great market execution,” stated Peter Berk, President, PMZ Realty Capital-Hotel Finance Group. “This unique property brings immense value to the Atlanta hotel market and will continue to serve their guests with their personal flourish.”

Located in Downtown Atlanta’s vibrant Luckie Marietta District, The Glenn hotel is considered to have a prime location near Georgia State University and is just steps from the Georgia World Congress Center, Centennial Olympic Park, World of Coke, Georgia Aquarium, CNN Center, Philips Arena, Turner Field, Georgia Dome, Georgia State Bar and a variety of other business and leisure destinations. Guests arriving at this charming boutique hotel will receive the services of a Personal Host throughout their stay to customize their visit and fulfill their every need.

PMZ Realty Capital LLC has over 75 years of combined experience; they are the industry experts and as such, are frequent contributors to industry publications and conferences. The firm approaches each assignment with passion, commitment and dedication to achieving the client’s objectives.

For more information about PMZ Realty Capital LLC or to contact the firm to finance your next hotel, contact Peter Berk, President, PMZ Realty Capital LLC at (212) 277-8265.

About PMZ Realty Capital LLC
PMZ Realty Capital LLC is a boutique real estate investment banking firm operating on a nationwide basis. Their advisory services are focused and highly specialized with the singular goal of creating the most advantageous capital structure for their clients. The firm focuses on debt and equity financing, note sales, joint ventures, recapitalizations and real estate advisory services. PMZ Realty Capital LLC is a national leader in hospitality financing and also has an extensive transaction history with other asset classes, including office, retail, self-storage, multi-family and industrial properties.

I’ve had the opportunity to complete a dozen debt and equity transactions with Mike and Peter over the past ten years and value their financial and business insight. They bring innovative ideas and fresh thinking to each of their deals, and helped structure both debt and joint venture transactions that exceeded our expectations. Above all, we respect them and their firm as trustworthy advisors who are focused on their clients and their needs.

Ashish Parikh
Chief Financial Officer, Hersha Hospitality Trust