PMZ Realty Capital LLC Arranges $110 Million in Financing in 1st Quarter 2017


PMZ Realty Capital, LLC, a national boutique real estate investment banking firm focused on creating advantageous capital structures for its clients, announced today it arranged $110 million in financing for its clients this year. PMZ remains bullish on the remainder of 2017 even with the rise of interest rates and the possibly of further increases by the Fed later this year.

“Increased supply has started to limit the upside in many markets, and the ‘easy money’ seen during the cycle has begun to dry up,” said Michael Sonnabend, Managing Member, PMZ Realty Capital LLC. “Borrowers need to focus on the basics when looking at financing new deals or refinancing existing ones. The number of lenders interested in competitive financing most deals has declined, and the demand for funds is beginning to start to exceed supply which has caused terms to be stricter, manifesting in tighter constraints on proceeds and more thorough underwriting.”

PMZ Realty Capital LLC is highly regarded within the hospitality industry for integrity, creativity, and advocacy on behalf of their clients. With over 75 years of combined experience, they are the industry experts and as such, have a strong record with the lending community to help clients seek out lending partners that understand the market conditions and benefits of the hospitality industry. The firm approaches each assignment with passion, commitment, and dedication to achieving the client’s objectives.

“Lenders are seeking transactions with strong sponsorship that are properly leveraged, show multiple demand generators, and lack of new competition that will impact the quality of cash flows going forward,” said Peter Berk, President, PMZ Realty Capital LLC. “Sponsors seeking acquisition loans need a well thought out business plan, and a track record of similar ventures from the proposed borrower.”

For more information about PMZ Realty Capital LLC or to contact the firm to finance your next hotel, contact Michael Sonnabend, Managing Member, PMZ Realty Capital LLC at (212) 277-8252.

About PMZ Realty Capital LLC
PMZ Realty Capital LLC is a boutique real estate investment banking firm that operates 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 has an extensive transaction history with other asset classes, including office, retail, self-storage, multi-family and industrial properties.

PMZ has refinanced a substantial portion of our portfolio: 18 loans for both limited and select service hotels across four states, in excess of $200 million total in-debt financing. I always value PMZ’s insight into the current state of the financing market. They are always responsive, enthusiastic and have in depth knowledge of the financing markets. I am confident that PMZ would add value as financial consultants/brokers from their experience in the hospitality industry.

Hasmukh (H.P.) Rama
Auro Hotels (Formerly JHM Hotels), Chairman of the Board