Carlton chairman Howard L. Michaels announced the formation of an international investment sales team to provide sophisticated, aggressive investment sales services to its worldwide clientele. The investment sales group will focus on Manhattan and other major cities throughout the United States and Europe. Assignments of $100 million or greater will be the focus of the investment sales division.
Joining Michaels on the team will be Carlton Hospitality president John Bralower, one of the most accomplished hospitality investment sales experts in the world.
In addition, senior investment banker Javier Beltran, who runs Carlton’s Iberian franchise and who just sold a major hotel in Spain for one of the largest financial institutions in Spain, will also be a leader of the international investment sales team.
The trio has completed well over $100 billion of investment real estate sales and highly structured debt and equity offerings. “We believe that we can provide a solid viable alternative for property owners who are looking for a totally independent and objective sales advisor which presently doesn’t exist in the Manhattan market place today,” said Carlton partner Michael Campbell.
Several of the senior Carlton capital raising specialists include European specialist Mads Loewe, who speaks five languages; Frenchmen, Clement Guy, who formerly worked at Archon in Paris; Brian LeBlanc, who worked at Alliance Bernstein; Robert Mudry, a former Drexel Burnham executive; and Jeff Kosow, a former developer.
Rounding out the team is Chase Chehade, who is Lebanese and covers UAE, Andrew Manton, previously at Walter & Samuels and Chad Roberson. The purpose of formalizing the international sales team is to provide the marketplace with an aggressive, sophisticated independent investment sales option to sellers who are looking to maximize proceeds.