Crestline

Crestline Adds to its Growing Portfolio of University Affiliated Hotels with the Management of the Ohio University Inn and Conference Center

Retrieved on: 
Tuesday, September 12, 2023
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FAIRFAX, Va., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Crestline Hotels & Resorts, LLC (“Crestline”) announced today it has been selected to manage the Ohio University Inn and Conference Center .

Key Points: 
  • FAIRFAX, Va., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Crestline Hotels & Resorts, LLC (“Crestline”) announced today it has been selected to manage the Ohio University Inn and Conference Center .
  • The 139-guest room hotel is located on the campus of Ohio University in Athens, Ohio.
  • “We are honored to be selected as the management company for this beautiful hotel and conference center on the prestigious campus of Ohio University,” said James Carroll, President & CEO of Crestline Hotels & Resorts.
  • The Ohio University Inn and Conference Center is located at 331 Richland Avenue, Athens, Ohio.

Crestline Expands its Executive Management Team with the Appointment of Samuel M. Woodworth as Vice President, Business Development

Retrieved on: 
Thursday, June 1, 2023
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FAIRFAX, Va., June 01, 2023 (GLOBE NEWSWIRE) -- James Carroll, President & CEO of Crestline Hotels & Resorts, LLC (“Crestline”) today announced the appointment of Samuel (Sam) M. Woodworth as Vice President, Business Development.

Key Points: 
  • FAIRFAX, Va., June 01, 2023 (GLOBE NEWSWIRE) -- James Carroll, President & CEO of Crestline Hotels & Resorts, LLC (“Crestline”) today announced the appointment of Samuel (Sam) M. Woodworth as Vice President, Business Development.
  • Mr. Woodworth joins Crestline with an extensive background in hospitality development and finance.
  • “We look forward to Sam’s contribution to our executive management team as Crestline continues to grow its position as a legacy hospitality management company throughout the U.S.,” said Mr. Carroll.
  • Mr. Woodworth began his career as an investment sales analyst for select service hotel portfolios with JLL in Atlanta.

Gigstreem Raises $59 Million in Funding to Accelerate Growing National Presence as a Leader in Managed Wi-Fi for Multifamily Properties

Retrieved on: 
Monday, April 10, 2023
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Gigstreem , a leading national provider of high-quality residential and commercial broadband networks, today announced that it has raised $59 million in funding.

Key Points: 
  • Gigstreem , a leading national provider of high-quality residential and commercial broadband networks, today announced that it has raised $59 million in funding.
  • The $59 million was raised in two separate transactions in Q1’23, with all proceeds coming from Gigstreem’s existing investor base.
  • Crestline led an additional $40 million raise in March 2023 to provide Gigstreem with the strategic capital to pursue acquisition opportunities.
  • In multifamily properties, Gigstreem offers a superior internet experience by eliminating the need for residents to coordinate with local internet service providers, purchase a router, install it, etc.

Evocative Closes INAP Data Center Asset Acquisition

Retrieved on: 
Wednesday, September 28, 2022
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The asset acquisition of INAPs data centers strengthens Evocatives existing data center portfolio , adding three additional markets to the companys global network and reinforcing its presence in existing markets.

Key Points: 
  • The asset acquisition of INAPs data centers strengthens Evocatives existing data center portfolio , adding three additional markets to the companys global network and reinforcing its presence in existing markets.
  • In addition to expanding its data center presence in New York, New Jersey, Virginia, Dallas, Phoenix, Los Angeles and Silicon Valley, the acquisition adds the Boston, Atlanta and Seattle markets to Evocatives growing data center colocation footprint.
  • The acquisition brings Evocatives data center presence to:
    It is a great honor to welcome our new customers to Evocative, comments Arman Khalili , Founder & CEO of Evocative.
  • With organic growth and its acquisition strategy further advanced by the close of the INAP data center asset transaction, Evocative has rapidly become a leading global enterprise digital infrastructure provider.

Comvoy.com Taps Crestline as Exclusive Transportation Partner

Retrieved on: 
Tuesday, August 23, 2022
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Chico, CA, Aug. 23, 2022 (GLOBE NEWSWIRE) -- The leading authority on commercial vehicles, Work Truck Solutions, today announced Crestline as their exclusive transportation partner for Comvoy.com .

Key Points: 
  • Chico, CA, Aug. 23, 2022 (GLOBE NEWSWIRE) -- The leading authority on commercial vehicles, Work Truck Solutions, today announced Crestline as their exclusive transportation partner for Comvoy.com .
  • Partnering with Crestline is another example of how were continuously looking to improve the B2B shopping process.
  • Crestline is a premier nationwide shipping and logistics company that specializes in the transportation arrangement of finished vehicles.
  • With over forty years of combined transportation experience, you can rely on the Crestline Auto Transport team for your vehicle shipping needs.

Crestline Announces the Promotion of Daniel E. Johnson to Senior Vice President of Taxes

Retrieved on: 
Wednesday, July 6, 2022
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FAIRFAX, Va., July 06, 2022 (GLOBE NEWSWIRE) -- Crestline Hotels & Resorts, LLC (Crestline) announced today the promotion Daniel E. (Danny) Johnson, CPA, CMA, CGMA, to Senior Vice President of Taxes.

Key Points: 
  • FAIRFAX, Va., July 06, 2022 (GLOBE NEWSWIRE) -- Crestline Hotels & Resorts, LLC (Crestline) announced today the promotion Daniel E. (Danny) Johnson, CPA, CMA, CGMA, to Senior Vice President of Taxes.
  • Danny became part of the Crestline family in 1998 when he joined Crestline Capital Corporation as a senior tax manager ultimately rising to Vice President of Tax for Barcel Crestline moving over to Crestline Hotels & Resorts, LLC as Vice President of Taxes in 2008.
  • Dannys recent promotion to Senior Vice President of Taxes reflects his incredible dedication and contribution to assuring Crestlines ongoing success, said James Carroll, Crestlines President & CEO.
  • In addition, words such as anticipate, believe, and intend indicate a forward-looking statement; however, not all forward-looking statements include these words.

Crestline Selected to Manage the Courtyard Dulles Airport Herndon

Retrieved on: 
Wednesday, June 1, 2022
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FAIRFAX, Va., June 01, 2022 (GLOBE NEWSWIRE) -- Crestline Hotels & Resorts, LLC (Crestline) announced today that it has been selected to manage the 187-guestroom Courtyard Dulles Airport Herndon Virginia.

Key Points: 
  • FAIRFAX, Va., June 01, 2022 (GLOBE NEWSWIRE) -- Crestline Hotels & Resorts, LLC (Crestline) announced today that it has been selected to manage the 187-guestroom Courtyard Dulles Airport Herndon Virginia.
  • The newly renovated hotel is located minutes from Washington Dulles International Airport (IAD) and provides guests with free airport shuttle service.
  • The Courtyard Dulles Airport Herndon was recently acquired by an affiliate of Avistone, LLC (Avistone), a leading commercial real estate investment firm specializing in the acquisition and operation of multi-tenant industrial and hotel properties.
  • The Courtyard Dulles Airport Herndon is located at 13715 Sayward Boulevard, Herndon, Virginia.

Crestline Announces the Promotion of Mónica Bernstein to Executive Vice President & General Counsel

Retrieved on: 
Tuesday, May 10, 2022
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FAIRFAX, Va., May 10, 2022 (GLOBE NEWSWIRE) -- Crestline Hotels & Resorts, LLC (Crestline) announced today the promotion of Mnica Bernstein to Executive Vice President & General Counsel.

Key Points: 
  • FAIRFAX, Va., May 10, 2022 (GLOBE NEWSWIRE) -- Crestline Hotels & Resorts, LLC (Crestline) announced today the promotion of Mnica Bernstein to Executive Vice President & General Counsel.
  • Mnica joined Crestline in 2019 and assumed responsibility for all legal issues arising with respect to hotel operations, hotel development, corporate governance, and asset management.
  • Mnica continues to help us successfully navigate the expansion of our companys portfolio in a sound and prudent manner, added Carroll.
  • Mnica joined Crestline from Interstate Hotels where she served as Vice President, Legal before being promoted to Senior Vice President, Assistant General Counsel.

Genuine Health Group Continues Acquisition Activity Fueled By $160 Million Capital Infusion

Retrieved on: 
Thursday, April 7, 2022
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MIAMI, April 7, 2022 /PRNewswire-PRWeb/ -- Genuine Health Group ("Genuine Health"), a rapidly growing healthcare services company that partners with primary care physicians to deliver value-based care, announced today it acquired Accountable Care Medical Group (ACMG), a Florida-based physician group that operates Accountable Care Organizations, or ACOs. Genuine Health's purchase of ACMG comes on the heels of acquiring two other provider organizations: Premier Care Associates and PreventiMed. A $160 million capital infusion from Crestline Investors funded all three acquisitions and dramatically accelerated Genuine Health's growth, in terms of patient volume and annualized revenue.

Key Points: 
  • A $160 million capital infusion from Crestline Investors funded all three acquisitions and dramatically accelerated Genuine Health's growth, in terms of patient volume and annualized revenue.
  • Between the three companies, Genuine Health has added more than 20,000 Medicare patients and grew total annualized revenues to more than $750 million.
  • "The purchase of ACMG is by far our biggest acquisition to date," said Joe Caruncho, president and CEO of Genuine Health Group.
  • Genuine Health Group recently received recognition as one of the "Best Places to Work" from the South Florida Business Journal.

Genuine Health Group Continues Strategic Acquisitions Following $160 Million Capital Infusion

Retrieved on: 
Thursday, February 3, 2022
Growth, CEO, Patient, Physician, Genuine, Health, DCE Distributed File System, Associate, LLC, American Health Care Association, Medicare, Interview, Acquisition, Holland & Knight, Industry, Crestline, Solution, Health insurance

In late 2021, Genuine Health Group acquired PreventiMed, another full-risk provider organization that likewise added high-performing primary care physicians to the company's network and $43 million in annualized revenue.

Key Points: 
  • In late 2021, Genuine Health Group acquired PreventiMed, another full-risk provider organization that likewise added high-performing primary care physicians to the company's network and $43 million in annualized revenue.
  • "Genuine Health Group shares our belief about the importance of transitioning primary care physicians to value-based care.
  • Genuine Health Group received multiple recognitions for its rapid growth, including from the South Florida Business Journal and South Florida Business & Wealth.
  • Genuine Health Group, LLC is an analytics-driven healthcare company that assists physicians and health plans in successfully transitioning to value-based payment models for Medicare beneficiaries.