Cushman & Wakefield's hospitality group now includes gaming.Cushman & Wakefield announced that it has expanded and renamed its Hospitality Industry Group. The new entity is now known as the Hospitality & Gaming Group. The unit is part of the Cushman & Wakefield Advisory Group, the core business that provides advice and counsel to clients globally. Daniel H. Lesser heads the Hospitality & Gaming Group from the firm's World Headquarters in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . "As gaming has proliferated throughout the United States, we have found the need for experienced gaming consultants and appraisers has grown markedly," said Lesser, managing director for the group. "Our hotel clients have requested assistance in their gaming endeavors. This outgrowth will enable Cushman & Wakefield to provide the support needed." Lesser said he expects revenue in this business to double over the next two to three years. Numerous major hotel companies and lenders that are clients of Cushman & Wakefield have demands in the gaming area. Cushman was recently retained to provide valuation services in connection with Steve Wynn's proposed $2.5 billion La Reve resort and casino, located on the Las Vegas strip The Las Vegas Strip (also known as The Strip) is a 4 mi (6.7 km) section of Las Vegas Boulevard South, most of which has been designated an All-American Road. . Additionally, Cushman has been retained to provide valuation and consulting services to municipalities and Native American Tribes in connection with riverboat riv·er·boat n. A boat suitable for use on a river. and land-based casino projects. In conjunction with changing its name, the Hospitality & Gaming Group has added senior executive Mark Capasso. Capasso specializes in the gaming industry and has more than 15 years industry experience. Capasso was previously vice president of HVS HVS Human Visual System HVS Herpesvirus Saimiri HVS High Voltage Software HVS High-Volume Sampler HVS Hard, Very Severe (rock climbing grade) HVS Hue, Value, Saturation (color model, aka HLS) International, a global hospitality consulting firm, where he assisted in establishing and headed the Gaming Services Division. He has also worked for various hotels and casino hotels throughout the United States. Capasso graduated from the University of Nevada, Las Vegas “UNLV” redirects here. For other uses, see UNLV (disambiguation). The University of Nevada, Las Vegas (UNLV) is a public, coeducational university located in Las Vegas, Nevada, USA, known for its programs in History, Engineering, Environmental Studies, Hotel (UNLV UNLV University of Nevada, Las Vegas ), with a B.S. in Hotel Administration. He is also a Certified General Appraiser in the state of California and an associate member of the Appraisal Institute The MAI membership designation is held by Members of the Appraisal Institute (MAIs) who are experienced in the valuation and evaluation of commercial, industrial, residential and other types of properties, and who advise clients on real estate investment decisions. . |
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