Onolfo Institutional Investor Forum Master Investor Award, Opportunistic Hotel Turnaround
by William Klein Expert in Internet Marketing..FOR IMMEDIATE RELEASE
Miami, FL (September 20 2014):
Global Cities Capital Clifton Onolfo guest speaker at Institutional
investor Forum this week in NY was recognized as Hotel Turnarounds
Master Investor 2013.
For nearly 20 years Mr. Onolfo has been
recognized as a leader in identifying commercial market cycles on or
close to the ideal cycles. In 2003 he divested of most of the assets
based upon hearing lenders were providing up to 140% of the value of a
residence. Yes, there were two more years to run, but he found himself
well positioned in 2007-10 where his Refinancing of Resi Home Loans
provided net returns at high opportunistic levels. The government
stepping in with TIFF and TARP quickly eliminated consumer help and
stabilized the major banks.
The entry into Hotels was first tied to Starwood Capital
and an initiative to build a new brand tied to their Martinez property
in Cannes. Building a brand of Global Hotels under the name INEZ with an
initial ten were seeded by a $40 Million cornerstone investment by SH
Hotel Branding Entity.
In 2012, Onolfo recognized full service
hotels in the US were selling for 10-20% of replacement cost with NOI
lower or negative he made his move. Now with over 20 Hotels in the
pipeline and portfolio. Mr Onolfo was recognized today for achieving
significant returns for his Institutional JV Investors. 2013 Master
Investor Award for Opportunistic Hotels.
Mr. Clifton Onolfo is a
resident of London and Miami. He is a major contributor to the Miami
City Ballet where his wife and Author Cami Onolfo is a Trustee. Clifton
is a major supporter of US Soccer having once served on the National
Teams Committee and considering US Soccer Foundation role. For more
information please visit http://globalcitiescapital.com
Info@GlobalCitiesCapital.com
Mr. Clifton V. Onolfo is a Director of:
Capital Associates, Ltd
Capri Global Capital, Ltd a subsidiary of Capri Capital Partners
Global Cities Capital, LLC
Global Cities Capital Hotels, Ltd.
301 HSBC Building 41st Miami, FL 33139
Berkeley House Berkeley Square, London, UK W1J 6BD
Clif Onolfo, Headshot
Miracle Hotel and Spa on 531 Acres and 27 Hole Golf Course
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