LOS ANGELES-These are some of the most interesting times inmany, many years for the hotel investment market, lodging analystJohn Arabia of Green Street Advisors told an audience of hotelindustry professionals Wednesday. "But there is a fair amount ofrisk," Arabia added.
Arabia served on a panel titled: "Game Changers-InvestmentStrategies Past and Present" at the Meet the Money conference inLos Angeles. The event, as GlobeSt.com previouslyreported, was held Tuesday and Wednesday and drew justunder 400 attendees. Moderating the panel was Guy Maisnik, apartner at JMBM. Other panelists included: Jonathan Roth, aprincipal at Canyon Partners; Rick Kleeman, a managing partner ofWheelock Street Capital; Patrick Deming, a managing director withEastdil Secured; and Dana Ciraldo, president and CEO of LodgianInc.
Patrick Deming, managing director with Eastdil Secured, pointedout that this is an exciting time for his company. "We are in theinitial stages of the next investment cycle," he said. According toDeming, it feels like the worst is over. "We have suffered througha hard 24 months, and I think that in the last 90 days, we haveseen fairly remarkable progress in the debt market in terms offundamentals."
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
