DOCSLIB.ORG

Futures in Education

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Futures in Education FUTURES IN EDUCATION CHANGING LIVES THROUGH THE GIFT OF EDUCATION 2016 ANNUAL IMPACT REPORT WHY FUTURES? SINCE 1989, $93 million in scholarships HAVE BEEN AWARDED TO STUDENTS IN BROOKLYN AND QUEENS. FROM OUR CHAIRMAN AND VICAR FOR DEVELOPMENT Every day, Futures in Education has a powerful impact on the lives of over 4,600 children in our Catholic schools in Brooklyn and Queens. Our schools don’t simply educate students; they perform miracles, changing the lives of thousands of children and their families with the gift of a Catholic education in some of the neediest communities across our two boroughs. OUR MISSION We can only do this important work because of people like you, people who give The mission of Futures to make an impact. in Education is to Turn the pages of our Annual Impact Report and be amazed at the achievements, ensure that the gift of big and small, that showcase why your support of Futures in Education plays a an excellent Catholic critical role and impacts thousands of families in need across Brooklyn and education continues Queens. Since 1989, we have demonstrated that anything is possible when we to be a viable option unite in support of Catholic education, and we have worked to share the stories of for current and future families struggling to provide their children with a Catholic education where generations of deserving strong moral values and quality academics are vital parts of the student students in Brooklyn and Queens. We experience. Thanks to your generosity during the 2016 academic year, Futures in provide assistance to Education was able to ensure the bright futures of 4,600 students with funding the neediest of those allowing them to attend a Catholic school in Brooklyn and Queens, totaling nearly students, through $7 million in tuition assistance. endowment funds and We thank our board members, donors, principals and Academy leaders. You bring fundraising programs the mission of Futures in Education to life, changing lives for the better, forever. that focus on key We look forward to joining you as together, we give the gift of a Catholic education educational priorities. to those in need in Brooklyn and Queens! Sincerely, In Christ’s Peace Robert B. Catell Rev. Msgr. Jamie J. Gigantiello Chairman of the Board Vicar for Development Diocese of Brooklyn CHANGING LIVES THROUGH THE GIFT OF EDUCATION 2016 BY THE NUMBERS 2016 TOTAL AWARD $6,939,166 DOLLARS GIVEN 7,247 4,606 NUMBER OF APPLICANTS TOTAL STUDENTS WHO 3,137 (68%) RECEIVED SCHOLARSHIPS OF OUR 2016 SCHOLARSHIP RECIPIENTS COME FROM FAMILIES QUALIFIED FOR THE FREE OR REDUCED SCHOOL LUNCH PROGRAM $29,000 IS THE MEDIAN HOUSEHOLD INCOME $1,506 AVERAGE SCHOLARSHIP 2 STUDENTS SUPPORTED 705 THROUGH THE BE AN ANGEL TO A STUDENT PROGRAM ANGEL 250 DONORS ELEMENTARY CATHOLIC 86 ACADEMIES OR SCHOOLS AND HIGH SCHOOLS 18 IN BROOKLYN AND QUEENS ENROLL 104 MORE THAN 38,000 STUDENTS 3 STUDENTS SPOTLIGHT WHY NICOLETTA LAGRECA, an eighth grader at Our Lady of Grace Catholic Academy in Gravesend has been attending since her early days in Mommy and FUTURES? Me classes and has been a part of the Angel program since 2014. She will be continuing her Catholic education next year at Bishop Kearney High School, where she has received music, honor and principal scholarships. Her Catholic education IN THE LAST SIX YEARS is of great importance to her, “It gives me a sense of community and family which ALONE, WE HAVE makes me happy to go to school every day.” AWARDED MORE THAN Nicoletta hopes to be an artist someday, but as an “A” student who excels in all of her classes, her options are numerous. Recently she had the opportunity to be Principal for a Day. Mrs. Meghan Sarno, the current principal, guided her through the day which they ended by collaborating on the letter to the graduating class that is to appear in the year book. “We discussed the common themes that our 32,000 messages shared, and debated what to leave and what to add. In the end we had a great message to this year’s class.” Mrs. Sarno hopes the day gave Nicoletta “a taste of the variety of things a principal has to contend with on a daily basis and SCHOLARSHIPS maybe it will give her an idea for a future career!” Nicoletta is grateful to her Angel for the help she and her family needed that allowed her to stay at Our Lady of Grace and have these wonderful experiences. “None of this would have been possible without the Angel program. Our Angels have allowed us to do all of this. They have given us one of the best gifts that we could ever ask for, a Catholic education.” Nicoletta Lagreca at the 2017 Angel Reception with her Angel Vincent Iannelli. 4 ANTHONY and ANDREW LABARBARA ANGIE BERMEO an 8th grader at Ss. Joachim attend Our Lady of Grace Catholic Academy in and Anne in Queens Village, wants to continue her Gravesend. The 14 year old twins are dedicated to their Catholic education into high school and be a doctor or a education and to their faith. Andrew was recently veterinarian so she can help others and share the core accepted to Xavier High School, while Anthony has values she has been taught at her school: goodness, been accepted to Regis faith, excellence, integrity, community service High School. Andrew said and the love of Christ. Angie has been a part of of his acceptance, “To the Futures in Education Be an Angel to a get into such a great Student program since 2014. school like Xavier just Angie’s family migrated from Ecuador 15 years meant the world to me ago to settle in her Queens neighborhood. because I love my The transition was not an easy one, but the education and just want importance of a Catholic education to her to keep growing and be parents was paramount. They have instilled in a better person.” Angie a quote from Saint John Paul II, “The Both the boys have future starts today, not tomorrow.” served on their 14-year-old twins Anthony and Andrew Angie is the oldest of four children and is aware student council as Labarbara at their Gravesend home. that it would be impossible for her parents to representatives, showing send her to Catholic school without the help of her their interest in serving their community no matter Angel for whom she prays every night. “I know my the size. Anthony says, “I think of the community as Angel and Futures in Education have given me an my family.” The twins serve as altar servers and have opportunity to learn and grow.” Angie and her two felt that they are able to serve their community while younger sisters all attend Ss. Joachim and Anne, her learning more about their faith. “Along with my little brother is not yet school age. Her favorite subjects education, my faith is very important to me,” Anthony are math and science. says. For this reason, both boys are excited to be continuing with a Catholic education. They have After eight years at Ss. Joachim and Anne, put what they have learned in school and in church Angie will continue her Catholic to good use as Boy Scouts, participating in education, and has been awarded fundraisers and volunteering to cook Thanksgiving a full scholarship to attend dinner for the homeless. St. Agnes High School next year. Angie credits her Angel, Looking towards the future Anthony would like to her family and become a NICU surgeon, wanting to help children who, God’s Grace for like himself, were in the NICU as infants, while Andrew, the opportunity who loves to read in his free time, may choose to be a and education writer or an engineer. she has Anthony and Andrew are excited about the next step received in their education but both will miss Our Lady of Grace thus far. Catholic Academy and all the wonderful experiences they had there. Angie Bermeo at her school Ss. Jochim and Anne Catholic Academy 2016 SNAPSHOT 2016 was a busy year for Futures in Education. Take a look at some of our highlights! Angel Reception APRIL 2016 While exploring The Hall of Science more than 300 students had the opportunity to meet, thank and interact with the Angel donors who fund the scholarships that allow them to receive a Catholic education. Joe DiMaggio Award Dinner MAY 2016 Recognizing former New York Yankee pitcher Mariano Rivera, In partnership with Columbus Citizens Foundation, significant funds were raised towards high school scholarships. Angels on the Fairway MAY 2016 After a beautiful day on the links guests gathered under the tent for an evening of 6 food, fun and fundraising, raising over $350,000 towards scholarships. 2016 Annual Scholarship Dinner OCTOBER 2016 A record breaking $2.4 million was raised towards scholarships by over 1,000 guests at New York’s iconic Waldorf Astoria on October 24th. Gina Argento, President of Broadway Stages; Guy Chiarello, President of First Data Corporation; and Peter Ward, President of the New York Hotel & Motel Trades Council, AFL-CIO; were honored at the dinner for their tireless efforts and dedication to bettering the lives of children in Brooklyn and Queens. Spirit of Christmas Concert DECEMBER 2016 Over 2,700 guests gathered at Lincoln Center’s David Geffen Hall on December 12, for Futures in Education’s Spirit of Christmas Concert featuring Sister Cristina Scuccia of Italy’s The Voice and the New York Tenors, raising $1 million in scholarships. 7 2016 DONORS On behalf of the Board of Trustees, we thank our generous donors for your overwhelming support and commitment to ensuring the future of Catholic education in Brooklyn and Queens.
Load more

Recommended publications
  • 2011 Record Book.Pdf
    ST. JOHN’S UNIVERSITY RED STORM CROSS COUNTRY, TRACK & FIELD MEDIA POLICIES MEDIA POLICIES will secure coach and student-athletes for postgame interviews that will be held on the St. John’s University and the NCAA All media requests for interviews with St. JOHN’S ST. John’s cross country, track & field players field. prohibit the issuance of credentials to and coaches should be directed to Athletic The only pregame interviews allowed on representatives of an organization that Communications Graduate Assistant Will game days will be for St. John’s radio, and regularly publishes gambling information, Bryan 24 hours in advance. local or national television productions. No such as “tout sheets” or “tip sheets.” The best time for in-season interviews, game day interviews will be allowed unless Web sites that sponsor “message boards” either in person or on the phone, is prior to specifically requested for televised games. or “chat rooms” where people are allowed or following practice. Interviews conducted to post anonymous information or rumors prior to or following practice should be held CREDENTIAL REQUESTS are ineligible for credentials or access to a brief Q & A session. With advanced Credential requests must be made by to media functions. If a news-gathering notice, interviews with players can be sports editors or sports directors on official medium has an online site that sponsors arranged for other hours. letterhead no later than five days prior these anonymous forums, they may continue Calling players at home or on cell phones to an event. They should be sent to the to request credentials under their traditional without permission from the St.
    [Show full text]
  • Hotels Send Mixed Signals for 2017
    Hotels Send Mixed Signals for 2017 hotel-online.com/press_releases/release/hotels-send-mixed-signals-for-2017 by Daniel Lesser NEW YORK CITY—To the surprise of many, the US lodging industry closed out 2016 with operating metrics still at record setting levels; however, its growth trajectory was notably lower when compared to years past. In general, occupancy levels have peaked and any short term RevPAR growth will be driven by increases to ADR. New supply of hotel rooms will continue to occur primarily in the Upper Midscale and Upscale chain scales. Of the nation’s top 25 markets, New York, Seattle, and Denver are experiencing double digit increases of new rooms under construction while eight other markets are currently slated for increases of five to eight percent of existing room supply. The LW Hospitality Advisors (LWHA) 2016 Major US Hotel Sales Survey includes 173 single asset sale transactions over $10 million, none of which are part of a portfolio. These transactions totaled roughly $12.7 billion, and included approximately 42,400 hotel rooms with an average sale price per room of $300,000. By comparison, the LWHA 2015 Major US Hotel Sales Survey identified 200 transactions totaling roughly $14.0 billion including 53,000 hotel rooms with an average sale price per room of nearly $265,000. Comparing 2016 with 2015, the number of trades decreased by 14 percent while total dollar volume declined roughly 9 percent and sales price per room increased by 13 percent. Interesting observations from the LWHA 2016 Major US Hotel Sales Survey include:
    [Show full text]
  • ED269866.Pdf
    DOCUMENT RESUME ED 269 866 EA 018 406 AUTHOR Yeager, Robert J., Comp. TITLE Directory of Development. INSTITUTION National Catholic Educational Association, Washington, D.C. PUB DATE 86 NOTE 34p. AVAILABLE FROMPublication Sales, National Catholic Educational Association, 1077 30th Street, N.W., Suite 100, Washington, DC 20007-3852 ($10.95 prepaid). PUB TYPE Reference Materials - Directories/Catalogs (132) EDRS PRICE MF01/PCO2 Plus Postage. DESCRIPTORS Administra"orsi 4.Catholic Schools; Elementary Secondary ,ducatien; *Institutional Advancement; National Surveys; Postsecondary Education IDENTIFIERS Development Officers ABSTRACT This booklet provides a listing of all the Catholic educational institutions that responded to a nationalsurvey of existing insti utional development provams. No attemptwas made to determine the quality of the programs. The information is providedon a regional basis so that development personnel can mo.s readily make contact with their peers. The institutions are listed alphabetically within each state grouping, and each state is listed alphabetically within the six regions of the country. Listingsare also provided for schools in Belgium, Canada, Guam, Italy, and Puerto Rico. (PGD) *********************************.************************************* * Reproductions supplied by =DRS are the best that can be made * * from the original document. * ***********************0*****************************************1***** £11 Produced by The Office of Development National Catholic Education Association Compiled by
    [Show full text]
  • EDC Will Restructure to Lobby Legally Fat Lady?
    20120716-NEWS--0001-NAT-CCI-CN_-- 7/13/2012 7:12 PM Page 1 IAN SCHRAGER HAS SOME NEW IDEAS HE’D LIKE TO SHARE PAGE 3 CRAIN’S® NEW YORK BUSINESS VOL. XXVIII, NO. 29 WWW.CRAINSNEWYORK.COM JULY 16-22, 2012 PRICE: $3.00 WEISS WORK—AND THEY EDC will CAN GET IT: Flintlock Construction’s Andrew Weiss (crouching, left) and restructure brother Stephen Weiss (right) have nine 20-story- plus building projects in Manhattan. to lobby legally Despite probe, city concludes projects don’t get built without help from friends BY DANIEL MASSEY After its illegal lobbying led to a settle- ment earlier this month with the state attorney general, the city’s Economic Development Corp. is not giving up trying to influence legislative decisions surrounding land use.Quite the oppo- site: It is restructuring so that its lob- bying activities will no longer be against the law. Attorney General Eric Schneider- man found that EDC illegally lobbied the City Council to win approval of its Willets Point and Coney Island redevel- opment projects.It also played a behind- the-scenes role in the illegal lobbying of two nonprofit organizations. See EDC on Page 22 Fat lady? She’ll have to wait buck ennis The Outsiders New York City Opera How the Weiss brothers built NY’s dominant nonunion contractor stages a dramatic financial turnaround into the earth on West 42nd Street, digging a er might seem to be no big deal.But all three ho- BY DANIEL MASSEY hole for a 37-story hotel. Just to the south, on tels are being built by Flintlock Construction BY MIRIAM KREININ SOUCCAR West 30th Street, workers unloaded steel rods Services—and all three are being built using Last month, a boom truck lifted hundreds of that will reinforce the concrete structure of what nonunion labor.
    [Show full text]
  • Silver Key Winners
    Silver Key Winners Name School Genre Title Tyra Abraham Hewitt School Photography Drops Of Life Silver Key Tyra Abraham Hewitt School Photography Vulnerability Silver Key Tyra Abraham Hewitt School Photography Martha Silver Key Emily Acquista Art and Design High School Drawing Journey To The Bridge (of The Nose) Silver Key Emily Acquista Art and Design High School Drawing Nude of Many Colors Silver Key Emily Acquista Art and Design High School Drawing Ellis Silver Key Jack Adam MS 51 William Alexander Photography Hail Silver Key Jack Adam MS 51 William Alexander Photography Gabrielle Silver Key Oliver Agger Saint Ann's School Photography Marfa Silver Key Michael Aguero-sinclair The Dalton School Photography Alcatraz Federal Penitentiary Silver Key Jinah Ahn Ashcan Studio of Art Sculpture Brace Face Silver Key Esther An Ashcan Studio of Art Drawing Glare Silver Key Anahi Andrade High School of Art & Design Painting Self-portrait Silver Key Carolina Aparicio P.S. 161 Pedro Albizu Campos Drawing Desert Silver Key Tamar Ashdot-Bari Fiorello H Laguardia High School of Music Photography At The Edge Of The Desert, Before Sunrise Silver Key Rebecca Aydin Hewitt School Mixed Media Fundamental Building Blocks Of Marriage Silver Key Micaela Bahn Writopia Lab Photography Animal Farm Silver Key Jane Baldwin Trinity School Digital Art Lights Silver Key Valeryia Baravik Tottenville High School Photography Pensive Silver Key Sabrina Barrett Bard High School Early College II Photography Simone In The Fields Silver Key Anna Bida Art and Design High School
    [Show full text]
  • Retail Mid-Q2 2019
    Manhattan Retail Market MID-2ND QUARTER 2019 REPORT Pictured: 915 Broadway Shops & Restaurants at Hudson Yards Shops & Restaurants at Hudson Yards Makes its Far West Side Debut Opening day arrived on Friday, March 15th for the highly anticipated 7-story, 1 million-square-foot retail center within the multi-building Hudson Yards complex. Anchored by Neiman Marcus, which has made its New York City debut in the 3-story, 250,000-square-foot space the Dallas, TX-based high-end department store leased back in 2014, the vertical mall adds a wide variety of retailers and food offerings to the burgeoning Far West Side neighborhood. Developed by Related Companies and Oxford Properties Group, the retail component that straddles the 10 and 30 Hudson Yards offi ce towers sits along 10th Avenue between West 30th and 33rd Streets. About 90% leased at opening, there are 100 stores and 25 restaurants from fast-casual to fi ne dining spread throughout, with several of the restaurants operated by well-known chefs including the 35,000-square-foot Mercado Little Spain, a Spanish-themed foot court operated by chef José Andrés located in the base of 10 Hudson Yards; as well as the casual all-day restaurant Cedric’s at the Shed by Danny Meyer’s Union Square Hospitality Group that opened in April within the arts and culture venue. In addition the entire 2nd fl oor dubbed Floor of Discovery is an experimental concept that offers a mix of “fi rst locations for digitally native brands and experiential shopping offerings from modern brands;” while the permanent Snark Park exhibition space operated by design studio Snarkitecture will feature a rotating schedule of design environments and unique retail experiences.
    [Show full text]
  • ACE Mentor Program of Greater NY Participating Schools 2019-20
    ACE Mentor Program of Greater NY Participating Schools 2019-20 A.Phillip Randolph Campus High School Channel View School for Research Hendrick Hudson High School Abraham Clark High School Chelsea CTE High School High School for Construction Trades, Engineering, Abraham Lincoln High School Church of God Christian Academy and Architecture Academy of American Studies City College Academy of the Arts High School for Contemporary Arts Academy of Finance and Enterprises City Polytechnic High School of Engineering, High School for Environmental Studies Academy of Urban Planning and Engineering Architecture, and Technology High School for Health Professions and Human All City Leadership Academy Civic Leadership Academy Services All Hallows High School Clarkstown High School North High School for Math, Science and Engineering and All Hallows Institute Clarkstown High School South City College of NY Archbishop Molloy High School Cold Spring Harbor High School High School of Arts and Technology Archbishop Stepinac High School College of Staten Island High School for High School of Computers and Technology Art & Design High School International Studies High School of Economics and Finance Avenues: The World School Columbia Secondary School for Math, Science, and High School of Telecommunications Arts and Aviation High School Engineering Technology Baldwin Senior High School Community Health Academy of the Heights Hillcrest High School Bard High School Early College Manhattan Cristo Rey New York High School Hillside Arts and Letters Academy Bard High School Early College Queens Croton Harmon High School Holy Cross High School Baruch College Campus Curtis High School Holy Trinity Diocesan High School Bayside High school Davis Renov Stahler Yeshiva High School Horace Greeley High School Beacon School Democracy Prep Charter High School Horace Mann School Bedford Academy High School Digital Tech High School Humanities Prep High School Benjamin Banneker Academy Dix Hills High School West Hunter College High School Benjamin N.
    [Show full text]
  • UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT of NEW YORK : in Re: : Chapter 11 : 1141 REALTY OWNER LLC, Et Al., : Case No
    18-12341-smb Doc 36 Filed 09/05/18 Entered 09/05/18 10:47:47 Main Document Pg 1 of 217 UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK : In re: : Chapter 11 : 1141 REALTY OWNER LLC, et al., : Case No. 18-12341 (SMB) : : Jointly Administered Debtors. : : DECLARATION OF EDWARD R. ESCHMANN IN FURTHER SUPPORT OF DEBTORS’ MOTION FOR ENTRY OF INTERIM AND FINAL ORDERS AUTHORIZING THE DEBTORS TO OBTAIN POST-PETITION, PRIMING, SENIOR SECURED, SUPERPRIORITY FINANCING PURSUANT TO 11 U.S.C. §§ 105, 362, 364(c) AND 364(d), BANKRUPTCY RULE 4001(c) AND LOCAL BANKRUPTCY RULE 4001-2 Edward R. Eschmann, MAI, declares as follows pursuant to 28 U.S.C. § 1746: 1. I am a Director of the Valuation and Advisory Hospitality and Gaming Group of CBRE, Inc. (“CBRE”) in New York City, where I have been employed since 2000. 2. I have more than thirty-four (34) years’ experience of valuation and consulting experience throughout the United States, Puerto Rico and the Americas. I am a designated Member of the Appraisal Institute and Royal Institution of Chartered Surveyors and a Certified General Real Estate Appraiser in the states of New York and New Jersey and have held licenses in other jurisdictions including Connecticut, Vermont, Illinois, Washington, DC and Pennsylvania. I have a Bachelor of Science degree from the University of Massachusetts, Amherst. 3. Since 2006, I have specialized in the hospitality asset class and have been the director of the Tri-State Hospitality Group of CBRE in New York City covering the New York, New Jersey and Connecticut region.
    [Show full text]
  • 2007 Manhattan Hotel Market Overview Page 1 of 28
    HVS Hospitality Services : 2007 Manhattan Hotel Market Overview Page 1 of 28 Manhattan Hotel Market Overview HVS Hospitality Services, in cooperation with New York University's Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management, is pleased to present the tenth annual Manhattan Hotel Market Overview. A slight uptick in Manhattan’s occupancy level in 2006 led to a record high of 85.0%. Despite a virtually stable occupancy, the Manhattan lodging market registered a 13.4% increase in RevPAR compared to 2005, continuing its impressive performance. The market’s RevPAR gain was supported by double-digit growth in average rate each month of the year, with the exception of December, causing year-end 2006 average rate to exceed the 2005 level by 13.2%. The high rates registered by the Manhattan lodging market were caused primarily by continued strong demand levels in 2006, allowing hotel operators to be more selective with lower-rated demand and increasingly boost rates, thereby accommodating greater numbers of higher-rated travelers. We note that the market’s overall occupancy level of 85.0% in 2006 highlights the underlying strength of the Manhattan market, which continued to operate at near-maximum-capacity levels. Because of a further decline in supply in 2006, the market continued to experience many sell-out nights, causing a significant amount of demand to remain unaccommodated. Given the larger-than-ever construction pipeline in Manhattan, a substantial portion of previously unaccommodated demand is expected to be accommodated in the future. Manhattan’s marketwide occupancy and average rate both achieved new record levels in 2006, and we expect the positive trend to continue in 2007.
    [Show full text]
  • Manhattan Hotel Market Overview 1
    Manhattan Hotel Market Overview HVS Global Hospitality Services, in cooperation with New York University’s Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management, is pleased to present the eleventh annual Manhattan Hotel Market Overview. Stephen Rushmore President & Founder, HVS Global Hospitality Services In 2007, Manhattan was once again the Number One U.S. lodging market in terms of RevPAR performance. For the fourth consecutive year, RevPAR recorded double-digit growth in 2007, climbing 14.3%, indicative of the continued strength of the Manhattan lodging market. At roundly 87%, occupancy reached its highest level since 1987. This high occupancy also suggests a significant amount of unaccommodated demand in Manhattan, which is expected to be accommodated by the vast number of new hotels proposed for the city in the next three to four years. Considering the current climate, HVS forecasts a soft landing for the Manhattan market, with minor declines in occupancy and softer average rate growth in the near term. In 2007, the volume of hotel sales in Manhattan soared to over $2.0 billion, excluding the sale of the Hilton New York and the Waldorf=Astoria as part of the Hilton acquisition by Blackstone. This volume was driven by the emergence of overseas players such as Istithmar Hotels, which set a new record through the transfer of interest in the Mandarin Oriental for roundly $1.4 million per key in February 2007. Overall, we anticipate that overseas hotel companies will capitalize on the weak dollar to further establish or expand their presence in the U.S., causing hotel values to remain strong.
    [Show full text]
  • Top Hotel Deals Feb-Mar 2021.Cdr
    THE VENETIAN, LAS VEGAS MIYAKO HOTEL KYOTO TOP HOTEL DEALS ISSUE 3- FEB & MAR 2021 GRAND HOTEL DE LA MINERVE, ROME PRIMUS HOTEL, SYDNEY Saurabh Gupta, MRICS Managing Partner Transactions Advisory - Hotelivate The months of February and March 2021 witnessed high transaction dollar volume due to two mega transactions totalling $12.5B in the United Sates. These are being seen as bright spots in an otherwise bleeding hospitality industry. Distress deals seem to be happening quietly wherever loan EXTENDED STAY AMERICA VILLA KENNEDY HOTEL, FRANKFURT defaults and foreclosures have made the pain rather unbearable. Additionally, a portfolio deal in Japan and multiple smaller hotel transactions across continental Europe signal the continued attractiveness of travel industry in the eyes of global investment community. HYATT REGENCY, AUSTIN THE WATSON HOTEL, NEW YORK February and March 2021 Buyer Deal Size Keys Price/Key Asset/ Portfolio Seller (in USD Mil) (in USD Mil) Extended Stay America ESA Corp. + ESH REIT Blackstone + Starwood Capital 6,000 69,400 0.09 The Venetian Resort + Sands Convention Centre, Las Vegas, US Sands Corp Vici Properties 6,250 7,000 0.89 Manhattan Hotels Portfolio, NY, US Cindat + Hersha Hotels Mack RE Group 316.0 1,087 0.29 5 Omni Hotels, US TRT Holdings Undisclosed 150 1,729 0.09 8 Hotels Portfolio, Japan Kintetsu Group Holdings Blackstone 390 2,294 0.17 Crowne Plaza, Orlando, US Universal Towers Construction Monarch Alternative Capital 35.7 400 0.09 Kimpton Sir Francis Drake Hotel, US Pebblebrook REIT Undisclosed 157.6
    [Show full text]
  • 2018 Or Tax Year Beginning , 2018, and Endina Name of Foundation a Employer Ldentlf1catlon Number the PFJEER FOUNDATION, INC
    Form 990-PF Return of Private Foundation or Section 4947(a)(1) Trust Treated as Private Foundation Department o,,t the Treasury ... Do not enter social security numbers on this form as it may be made public. Internal Revenue Service .,. Go to www.irs.gov/Fonn990PF for instructions and the latest information For ca endar vear 2018 or tax year beginning , 2018, and endina Name of foundation A Employer ldentlf1catlon number THE PFJEER FOUNDATION, INC. 13-6083839 Number and street (or PO box number 11 ma1l 1s not delivered to street address) Room/suite B Telephone number (see 1nstruct1ons) 235 EAST 42ND STREET ( 212) 733 -4250 City or town, state or province, country, and ZIP or foreign postal code C If exemption appllcat1on 1s pending, check here. • • NEW YORK, NY 10017 G Check all that apply Initial return ,___ Initial return of a former public charity D 1 Foreign organ1zat1ons. check here. ,___ Final return ~ Amended return 2 F ore1gn orgamzat1ons meeting the 85% test, check here and attach Address change Name change computat1on • • • • • • • • H Check type of organization X Section 501 (c)(3) exempt private foundation oy E If private foundation status was terminated D _.___.n __S.::.e.::.c::.:t::..:10:.:.n.:...4...:..::.94..;..7.:...'<:c:a:u..H1,_,, >...:n::..:o:..:n::..:e:::.x:.=e::..:m.:.,10:.:t....:c:.:.h:.=a::..:ri:.=ta:.:b:.:.le:;....::.tr.:::u.:::st:....__,_""._,_=O:.:t::..:h=e.:...r.:.ta=xa:;:=b:..::le;...c..:.:Pn.:.v::::ac:cte;....:.f.:::o.;:u::..:n.=d.=ac.::t1.:::o::..:n n ___ ..:__--l under section S07(b)(1)(A) check here .
    [Show full text]