Andrew A. Pappas Joins the Plasencia Group as Financial Analyst

USA, Tampa, Florida. August 27, 2019

Andrew A. Pappas has joined The Plasencia Group as a Financial Analyst, supporting the firm's growing client base from its Tampa, Florida headquarters. Mr. Pappas' primary responsibilities include conducting underwriting analyses and preparing investment offering materials and financial proformas.

Prior to joining the company, Mr. Pappas worked as a Research Analyst with CBRE Group, Inc., one of the largest commercial real estate service companies in the world. During his time with CBRE, Mr. Pappas conducted detailed investment analyses, evaluated market fundamentals, and developed research reports among other efforts to support brokerage teams

"Andrew brings to the company and our clients meaningful experience in investment underwriting and financial modeling," commented Lou Plasencia, Chief Executive Officer and Founder of The Plasencia Group. "I am confident that he will be a key contributor in the success of our clients' engagements from dispositions and acquisitions, to capital restructuring, to new developments, renovations, and asset management."

Mr. Pappas is currently completing his final semester of coursework in pursuit of a Master of Professional Studies in Real Estate Finance degree from Georgetown University, and is expected to graduate in December. He earned a Bachelor of Science degree in Finance from the University of South Florida's Muma College of Business. He is proficient in various real estate analysis tools and methods and obtained the CCIM Financial Modeling for Real Estate Development designation


Andrew A. Pappas, Financial Analyst, The Plasencia Group
/ SLIDES

About The Plasencia Group

Media Contact:

Jodie Orozco
Vice President of Marketing & Partnerships
The Plasencia Group
T: 813-445-8277
E: jorozco@tpghotels.com
W: http://www.hhtpghotels.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 March 2020...

Human Resources: Confronting a Labor Shortage

With the unemployment rate at its lowest level in decades (3.7%), what has always been a perennial problem for human resource professionals - labor shortage - is now reaching acute levels of concern. It is getting harder to find and recruit qualified applicants. Even finding candidates with the skills to succeed in entry-level positions has become an issue. In addition, employee turnover rates remain extremely high in the hotel industry. As a result of these problems, hotel HR managers are having to rethink their recruitment strategies in order to hire the right talent for the right job. First, hotels have been forced to raise their wages and offer other appealing perks, as a way to attract qualified candidates. Secondly, HR managers are reassessing their interviewing techniques, focusing less on the answers they receive to questions and more on observable behavior. Part of this process includes role-playing during the interview, so that the recruiter can gauge how a candidate works through specific problems and interacts with other team members. Additionally, some HR managers are also creating internal talent pools as a way to address labor shortages. Instead of utilizing department resources to find new hires with specific skills for needed positions, hotels are cultivating talent pools internally and preparing their employees to assume leadership roles whenever the time comes. They are also placing greater emphasis on a company culture that is more performance-based, as a way to curb employee turnover, increase employee satisfaction, and assure higher levels of customer service. Finally, recognizing the importance of employee retention as a way to lessen the impact of a tight labor market, some HR managers are instituting generous reward programs in order to retain their top performers. The March Hotel Business Review will explore what some HR professionals are doing to address these and other issues in their departments.