“It was hard to part with Kinselas, especially as we have another three venues in the precinct and are so involved with the community,” stated managing director Jim Kospetas. The firm was established in 2009 and has been ASX-listed since 2017. Hugh is a Managing Director at Moelis Australia Limited (‘Moelis Australia’) within its Advisory businesses. MA Hotel Management is a member of Vimeo, the home for high quality videos and the people who love them. The leading online news service for Australia's beer, wine, spirits and hospitality industries. Oxford Street will be Sydney’s only 24-hour precinct: agents. Moelis Australia Hotel Management. MAHM’s other unlisted fund is the Beach Hotel Byron Bay fund, which was settled at the beginning of the year for $104m. This deal equals the highest price paid for a pub this year and follows the company’s acquisition of the historic Courthouse Hotel … The cumulative purchase price for the two hotels and the adjoining to shopfronts in between was $67 million, giving Moelis ownership of the entire Taylor Square block, with plans to create a new hospitality precinct in what has long been considered one of Sydney’s premiere entertainment hubs. Late last month Fitzroy Community School acquired the recently closed Dan O’Connell Hotel in Melbourne’s inner-north Carlton. Moelis Australia, run by Andrew Pridham, has assets under management of $3.7 billion. Moelis & Company partners with our clients in evaluating some of their most strategic and complex decisions. Moelis are now looking at ways in which it can create a reinvigorated hospitality precinct on Taylor Square, and has the backing of the City of Sydney to do so. Adjacent to Darlinghurst Courthouse, the asset has a 24 hour liquor licence over multiple floors, 24 electronic gambling machines and seven unrenovated suites. Dec 9, 2020 Pubs “The Beach Hotel Byron Bay is an iconic Australian establishment located on irreplaceable real estate,” Moelis Australia Hotel Management’s chief executive Dan Brady said. Moelis Australia has exchanged contracts on Kinselas Hotel on Darlinghurst’s Taylor Square for $45 million. We provide independent, unconflicted advice which makes us uniquely suited to offer a range of advisory services to boards of directors and special committees. For more information on Moelis SIV funds, please visit our dedicated website: www.moelisaustralia.com/siv Brady confirmed that MAHM is set to invest “similar and significant amounts of capital” on both the Courthouse and Kinselas Hotels in their own ways, in an effort to further enrich Sydney’s nightlife in the area. Julian Biggins is a Managing Director at Moelis Australia. He has considerable experience in the development and management of residential, hotel, commercial, retail, industrial and retirement assets. Property’s Dan Dragicevich, Andrew Jolliffe and Sam Handy brokered the sale. Moelis Australia has exchanged contracts on Kinselas Hotel on Darlinghurst’s Taylor Square for $45 million. I have over ten years professional accounting experience at large complex organisations in both commercial finance and technical accounting roles. Moelis Australia’s Asset Management division manages investment for institutional and wholesale investors across real estate, credit, private equity and venture capital. Prior to this, he was COO of Moelis Australia. Moelis Australia Limited provides corporate advisory, equities, and asset management services. Moelis Australia Hotel Management has paid $22 million for Darlinghurst’s historic Courthouse Hotel which it will upclass, operate and manage. Moelis settled a $104m purchase of the landmark Beach Hotel in Byron Bay in February. Moelis Australia Hotel Management CEO Dan Brady said both venues will undergo major changes when they come under one umbrella next year. “We’re excited by the way in which we can bring hospitality to life. “The Beach Hotel Byron Bay is an iconic Australian establishment located on irreplaceable real estate," Moelis Australia Hotel Management chief … Kinselas Hotel was purchased off Universal Hotels, which has owned the hotel since 2017, when they paid $23m for the pub. Moelis settled a $104m purchase of the landmark Beach Hotel in Byron Bay in February. The Company focuses on merger and acquisition, divestments, equity and debt raising, equities research, capital management, and recapitalization. Report this profile About I am a high performing finance professional with a proven track record of achieving outcomes in fast paced and challenging environments. client: Moelis Australia Asset Management. 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