Level Group Launches Hospitality Industry Team
NEW YORK CITY—The real estate brokerage firm has tapped two industry veterans to helm the department.
Level Group, an innovative, full-service commercial and residential real estate brokerage company that introduced the 100% commission model in New York City, today announced the creation of an in-house hospitality team, Morgensheer Hospitality at Level Group. Backed by Level Group’s commercial brokerage resources and headed up by hospitality industry veterans, Trica Jean-Baptiste and Jan Kalanda, Morgensheer Hospitality at Level Group will be uniquely positioned to address the full scope of the hospitality industry’s real estate needs.
“Recent market trends, including the over-developed New York City hotel market, suggest that the hospitality real estate sector is ripe for expert brokerage services tailored to the hospitality industry,” said Michael Greenberg, CEO and General Counsel, Level Group. “We are excited and proud to offer this unique capability to the hospitality industry led by such well-known and respected hospitality industry professionals.”
With combined experience of over 55 years in the hospitality industry, Jean-Baptiste and Kalanda bring in-house, across-the-board hospitality expertise, including property development, construction, hotel operations, sales, marketing, branding, understanding of key market segments, tour and travel, and travel trade.
The team’s worldwide and deep network of relationships within the hospitality industry, including owners, operators, investors and vendors, opens up multiple avenues to off-market opportunities, several of which Morgensheer Hospitality at Level Group is currently engaged in the New York and the Caribbean markets.
“What’s key for hoteliers and investors is that Jan and I thoroughly understand the business of hospitality and are well-equipped to strategically match investors with hospitality assets that are in-line with their investment goals,” said Jean-Baptiste. “Important to hoteliers is our practice of confidentiality, understanding that operations and business of hotels are of the utmost importance during the process of identifying the appropriate buyer. We want to ensure productivity and profitability as we assist owners and investors in their efforts to both identify the appropriate investor and investment.”
Trica Jean-Baptiste is an award-winning, 22-year veteran of the hospitality industry, specializing in marketing, communications and branding. She has worked in-house for and provided agency representation for legendary hospitality brands such as Doral Hotels & Resorts, Le Parker Meridien, and Cendant Corporation’s (now Wyndham Hotels) Days Inns, Rocco Forte Hotels & Resorts, Michelangelo Hotel New York, Hotel Esprit St-Germain, Paris, France, Ragosta Hotels Collection, Amalfi Coast, Italy, Terme di Saturnia Spa & Golf Resort, Tuscany, Italy, the Scottish Business Tourism Unit, and Government of Dubai Tourism Authority.
Jan Kalanda’s 32-year hospitality career includes developing and launching the celebrated Gansevoort Hotels (New York, Miami, and Turks & Caicos). As an executive vice president and founding member of HK Hotels, he directed the development, design, pre-opening and ongoing operation of numerous hotels, including Aria Hotel in Prague, Czech Republic and Hotel Giraffe in New York. He began his hospitality career as Chief Engineer at the Garden City Hotel Garden City, New York .
“We are fortunate to have found a home with Level Group, which is known for delivering exceptional transactions and building long term relationships,” said Kalanda. “Morgensheer Hospitality at Level Group is committed to delivering that same experience for the hospitality industry.”
Trica Jean-Baptiste can be reached at [email protected] or at 973-495-8075. Jan Kalanda can be reached at [email protected], 917-593-3037. To learn more about the team, visit www.levelgroup/morgensheer-hospitality.
About Level Group
Founded in 2004, Level Group is a full-service New York City real estate brokerage, handling the full spectrum of real estate brokerage work, including residential and commercial leasing and sales. The first firm in New York City to offer the 100% commission model, Level is known for its open door policy with all senior management, strong training programs and an open, flexible platform on which agents thrive. It has attracted more than 220 agents, many from the city’s larger brokerage firms. CEO and General Counsel Michael Greenberg is a well-known member of the New York real estate bar and has played a central role in structuring, negotiating and closing deals worth billions of dollars. President Larry Link was previously part of Merrill Lynch’s real estate investment banking division, where he was involved in numerous IPO and capital market transactions. COO Michael Barbolla, with 30 years of management and marketing experience, handles day-to-day operations of Level Group and heads up the residential division.