Broker Check

Sectors  /  Real Estate & Hospitality

Real Estate
& Hospitality

M&A, capital raising and strategic advice for owners, operators and investors in real estate and hospitality.

Sector overview

Real Estate & Hospitality Advisory Deck

Services, sector coverage and team in one document.

Download the PDF

The sector

We advise owners, operators and investors in real estate and hospitality when they sell, acquire or raise capital, and when a board needs an independent view.

Real estate now moves much more closely with the broader capital markets than it did a generation ago. Pricing, financing terms and buyer appetite shift with them, and our advice takes that into account from the first conversation.

The team’s experience spans more than 30 years, including careers at JLL, CBRE, Cushman & Wakefield, Lloyds Bank and the Federal Reserve Bank of New York. Our advice is independent, and a senior banker leads each engagement through closing.

Across all sectors, YAC has closed $1.8B since it was founded.

What we do

Mergers and acquisitions

Exclusive sell-side and buy-side advice, including the purchase and sale of distressed businesses and assets and consolidation across operators.

Equity and debt placements

Public and private capital to fund growth, complete acquisitions, provide liquidity to shareholders, or restructure and stabilize the capital structure, placed with institutional and private investors.

Strategic advisory

Confidential advice to boards and special committees, particularly where the priority is limiting losses and building a workable recovery for the company, fund managers and secured lenders.

Public market advisory

IPO and secondary offering preparation with management, focused on how the company presents its strategy and differentiation to institutional investors.

Fairness opinions

Opinions under FINRA Rule 5150 on transactions between affiliated parties, where conflicts of interest can arise.

Transactions

In July 2025, Young America Capital advised on the sale of The Spinnaker hotel to OC Rooms, led by Spiro Buas. Stan Tobin, Managing Director, was YAC’s lead representative on the transaction.

Read the announcement|All completed transactions

The Spinnaker

has been acquired by

OC Rooms

Young America Capital
acted as advisor

July 2025

The team

Tom Bronner

Vice President, Head of Real Estate

Senior roles at Lloyds Bank, National Bank of Canada, the Federal Reserve Bank of New York and TD Bank over 25 years in financial services. BA in Economics, Columbia University.

203.858.4012
tom@yacapital.com

Valerie Bowman

Vice President

25 years in commercial real estate at JLL, CBRE and Cushman & Wakefield. Executive Vice President of Main Line Executive Realty, transacting across North America. Based in Philadelphia.

610.420.6594
valerie@yacapital.com

Also working in the sector

Peter Formanek, CPA

Founder & Managing Partner

Omar Brown

Senior Managing Director, Investment Banking

Jeffrey Gold

Senior Managing Director, Investment Banking

Mark A. Chlapowski

Senior Director

Alex Devito

Investment Banking Analyst

Devansh Mangulkar

Investment Banking Analyst

View the full YAC team

Contact the team.

A short description of the property, portfolio or company, the capital required and the timing is enough to begin. A member of the team will reply directly.

Young America Capital  ·  Mamaroneck, New York

914.777.0100

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