RobertDouglas Promotes Lindsey Whang to Firm Director

USA, Los Angeles, California. August 20, 2019

RobertDouglas, one of the country's leading lodging investment banking firms, has promoted Lindsey Whang to the role of Director. The announcement was made by Stephen O'Connor, Partner and Managing Director of RobertDouglas. Based in the firm's Los Angles office, Ms. Whang has been an integral part of the firm's continued consistent growth as a successful and highly respected advisor to private and institutional clients in the hospitality space.

"Lindsey is a rising star within our firm," said O'Connor. "It is with great pleasure that we welcome her to our senior management team and also recognize her as a leader for transaction execution as we look to strategically grow our organization in the coming months."

Rob Stiles, Principal, Managing Director and co-founder of RobertDouglas, added, "Over the four years that Lindsay has been with our firm, we have benefitted greatly from her expertise and diligence in underwriting hotel real estate; her energy and enthusiasm working in small teams; and her passion for the hospitality industry. This is a milestone for her and further solidifies the depth of talent within the firm."

Ms. Whang advises clients in the sale, financing and joint venture capitalization of institutional-quality hotel properties and portfolios throughout North America. Notable transactions executed by Ms. Whang include the programmatic joint venture capital raises for both AutoCamp and the McNeill Hotel Company, the refinancing of a four-hotel portfolio for the Denihan Hospitality Group in New York City, and the long-term refinancing of the Luxe Rodeo Drive hotel in Beverly Hills, California.

Prior to joining RobertDouglas, Ms. Whang worked at Wells Fargo in the CRE Hospitality Finance Group, where she underwrote hotel properties for over $1.5 billion in loan proceeds for refinancings, new construction, and note acquisitions. Ms. Whang is a graduate of Cornell's School of Hotel Administration.


Lindsay Whang, Director - RobertDouglas
/ SLIDES

About RobertDouglas

Media Contact:

Stephen O’ Connor
Principal & Managing Director
RobertDouglas
T: 310-402-2820
E: soconnor@robert-douglas.com
W: http://www.hrobert-douglas.com

Subscribe to our newsletter
for more Hotel Newswire articles

Related News

Choose a Social Network!

The social network you are looking for is not available.

Close
Coming up in December 2019...

Hotel Law: A Labor Crisis and Cyber Security

According to a recent study, the hospitality industry accounted for 2.9 trillion dollars in sales and in the U.S. alone, was responsible for 1 in 9 jobs. In an industry of that scope and dimension, legal issues touch every aspect of a hotel's operation, and legal services are required in order to conform to all prevailing laws and regulations. Though not all hotels face the same issues, there are some industry-wide subjects that are of concern more broadly. One of those matters is the issue of immigration and how it affects the ability of hotels to recruit qualified employees. The hotel industry is currently facing a labor crisis; the U.S. Labor Department estimates that there are 600,000 unfilled jobs in the industry. Part of the problem contributing to this labor shortage is the lack of H2B visas for low-skilled workers, combined with the difficulty in obtaining J-1 visas for temporary workers. Because comprehensive immigration reform is not being addressed politically, hotel managers expect things are going to get worse before they get better. Corporate cyber security is another major legal issue the industry must address. Hotels are under enormous pressure in this area given the large volume of customer financial transactions they handle daily. Recently, a federal court ruled that the Federal Trade Commission had the power to regulate corporate cyber security, so it is incumbent on hotels to establish data security programs in order to prevent data breaches. The lack of such programs could cause hotels to face legal threats from government agencies, class action lawsuits, and damage to their brand image if a data breach should occur. These are just two of the critical issues that the December issue of Hotel Business Review will examine in the area of hotel law.