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Overhaul for Adgemis’ Public Hospitality Group after refinancing

Kylar Loussikian

Public Hospitality Group, the hotel empire put together by former KPMG dealmaker Jon Adgemis, will overhaul its management after finally closing a refinancing deal with Deutsche Bank and other lenders.

“This transaction underscores the confidence that our financial partners have in both our real estate assets and our long-term vision for the business,” said Mr Adgemis, Public Hospitality’s executive chairman.

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Kylar Loussikian is the Financial Review’s deputy editor – business. Email Kylar at kloussikian@afr.com

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    Original URL: https://www.afr.com/property/commercial/public-hospitality-in-for-management-overhaul-after-refinancing-20240731-p5jxuj