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Hotel Veterans Form Acquisition Platform

NEW YORK CITY-Marty Schiffman and the Hotel Doctor, Morris Lasky, are taking private capital and seeking owning and operating opportunities.

By Ryan Clark | Updated on May 29, 2011

NEW YORK CITY-Marty Schiffman and Morris Lasky are taking their decades of real estate experience and forming a hotel acquisition group to seek out opportunistic purchases. The Loding Opportunities Group will acquire and operate hotels nationwide, using capital from two unnamed high net worth families, who have partnered in the real estate industry previously. After purchases are made, they will also seek institutional investors for their assets.

“We have enough money to fund the investment activities,” Marty Schiffman, president of LOG, tells GlobeSt.com’s Ryan Clark. “In terms of looking for institutional investors, it is just to expand the business.”

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