David Bleser, President of Bleser & Associates, LLC said, “The natural synergies between our two firms will allow us to create more client-centric strategies and better execution of those strategies."
Houston, TX and Washington, DC (PRWEB) February 16, 2011
Sosner Consulting, LLC, a leader in Hospitality debt/asset management and recapitalization services announced today that it has formed a strategic marketing alliance with Bleser & Associates, LLC the hospitality industry leader in financial analytics, internal control and audit reviews, and forensic examinations.
“We are thrilled to be marketing with Bleser & Associates, LLC, a proven leader in the hospitality industry with expertise in financial analytics and internal control review knowledge of the hospitality industry. The opportunity to provide the most accurate data for underwriting coupled with debt and equity placement for client acquisitions, deleveraging and refranchising provides effective value maximization and decision making power to each of our stakeholders,” said Brian Sosner, Principal of Sosner Consulting.
David Bleser, President of Bleser & Associates, LLC said, “The natural synergies between our two firms will allow us to create more client-centric strategies and better execution of those strategies. The combined strength in underwriting, internal controls and capital market solutions for Hotel Buyers, Lenders and Investors is key to future success in this operating and financing environment.”
By partnering together, the two firms will be able to provide their clients a comprehensive set of services to help create and execute strategies that achieve maximum asset valuation during operations, conversion/PIP or upon any capital event. Specifically, the firms will be able to help lenders, borrowers and investors by providing:
- Detailed financial analytical review of their asset, due diligence services.
- Internal audits and internal control reviews.
- Fraud and forensic examinations.
- Litigation support for troubled assets.
- Debt refinancing /recapitalization/equity sourcing and PIP funding.
- Distressed debt acquisition sourcing, foreclosure management and closing.
- Loan settlement, payoff negotiation and loan modification consulting for senior and mezzanine debt
- Asset and project management including renovation/PIP/franchise implementation and accounting.
About Bleser & Associates, LLC
Since 1997, David Bleser, President of Bleser & Associates, a recognized expert on hospitality fraud, has been protecting his client’s assets by conducting over 850 internal audits, fraud examinations, forensic audits, litigation support and internal control reviews strictly for the hospitality industry. For the past 10 years much of his efforts have focused on the distressed property and loan workout segmentation of the industry. For more information, visit http://www.davidbleser.com
About Sosner Consulting, LLC
Brian Sosner, an industry expert with over 25 years of hospitality and real estate experience including acquisition, asset and foreclosure management, and investment banking has overseen $2B in single and portfolio transactions. He has placed over 100 million in debt and equity facilities for hotels. His hands-on “down cycle” and reposition experience has allowed him to directly oversee the renovation/re-franchise of another $20 million dollars in owner funded Property Improvement Programs (“PIP”) for just about all of the major brands. For more information, visit http://www.sosnerconsulting.com