Transaction Experience

The following list of selected transactions clearly delineates the depth and breadth of experience of JF Capital Advisors and its principals in all types of acquisitions, dispositions, mergers, financing transactions, asset management and special advisory assignments. Some of these transactions were completed prior to the founding of JF Capital Advisors in 2004.

Eagle Hospitality Properties Trust

  • Advisor to Apollo Real Estate joint venture group acquiring publicly traded Eagle for approximately $750 million
  • Arranged $639 million of new mortgage debt financing for the acquisition

Winston Hotels

  • Advisor on sale of the company for $15.00 per share to Inland America Real Estate Trust
  • Sole financial advisor on $176 million 16-hotel CMBS loan and defeasance of existing CMBS loan
  • Lead Manager for $92 million perpetual preferred stock offering for Winston Hotels
  • Advisor on $110 million forward acquisition contract for 2 hotels under development

Innkeepers Hospitality

  • M&A Advisor to Apollo Investment Corporation on $1.5 billion acquisition of Innkeepers
  • Sole financial advisor to Apollo Investment Corporation on a $1.2 billion of new debt financing.
  • Asset manager for entire Innkeepers portfolio

Wyndham International/Wyndham Worldwide

  • Advised on joint venture investment in Westin Rio Mar
  • Advised on sale of entire company to Blackstone Real Estate
  • Advised on on $1.6 billion global debt refinancing
  • Sale of 23 Wyndham owned hotels to Whitehall Funds and Highgate Holdings
  • Sale of 7 Wyndham owned hotels to Lone Star Opportunity Fund for $43 million
  • Sale of 4 Wyndham owned hotels to Thayer Lodging for $69 million
  • Sale of 4 Wyndham owned hotels to Highland Hospitality for $227 million
  • Sale of portfolio of 6 Wyndham owned Doubletree hotels to USAA Real Estate Company
  • Restructured existing leases with Innkeepers Hospitality Trust
  • Sale of US Grant Hotel for $45 million
  • Termination and restructuring of existing operating leases with HPT
  • Sale of a portfolio of 8 Wyndham Garden hotels for $46 million
  • $447 million sale of a portfolio of 13 hotels to Westbrook/Sunstone
  • $280 million loan to Westbrook/Sunstone for portfolio purchase from Wyndham
  • Listing change from NYSE to AMEX
  • Sale of the Marriott Warner Center hotel to Westbrook/Sunstone
  • Sale of Wyndham Myrtle Beach to FelCor Lodging and simultaneous settlement of litigation with Hilton Hotels
  • Swap of minority interests on Marriott Warner Center and Don Cesar hotels with CIGNA
  • Amendment to existing CMBS pooling and servicing agreement
  • Sale of minority interests in 7 Marriott hotels to Host Marriott
  • Structure and sale of several interest rate derivative contracts

Blackstone

  • Blackstone┐s $3.4 billion LBO of Extended Stay America
  • CMBS financing for Blackstone┐s LBO of Extended Stay America
  • Sale of Blackstone owned Hyatt Maui hotel for $321 million to Host Marriott
  • Sale of Blackstone owned LaGuardia Airport Hotel

Northstar Capital and Ian Schrager Hotels

  • Advised Ian Schrager on financial implications and outcomes related to Edition brand joint venture with Marriott
  • Advised Ian Schrager on valuation-related issues in connection with the IPO of Morgans Hotel Group
  • Advised Ian Schrager on restructuring ownership interests in the Ian Schrager Hotels
  • Advised Ian Schrager on negotiation of personal employment agreement
  • Advised the principals of NorthStar Capital on merger of 2 real estate funds

Starwood

  • $172 million add-on to term loan
  • Co-manager for $1.5 billion of senior notes
  • Sale of $312 million portfolio of 14 hotels to group comprised of Olympus, HEI and Rockwood
  • $187 million commercial mortgage loan for buyer of 14 hotel portfolio
  • Sale of 2 hotels to CNL Hospitality for $104 million

Host Marriott

  • Co-manager for $150 million preferred stock offering
  • Co-manager for $450 million senior notes offering
  • Co-manager for $250 million common stock offering