Valuation & Advisory Global Capabilities Presentation

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Hospitality & Gaming

• A global network with in-depth understanding of hotel, leisure, gaming, and tourism property dynamics

• Detailed knowledge of the market environment, including demand generators, market segments, and anticipated future growth trends • Diverse team with broad industry experience, including operations, brokerage, and management; well-versed in mixed-use assignments with a deep understanding of the broader commercial real estate markets

Property Types • Condominium hotels • Conference centers Our Services • Expense analysis • Feasibility studies • Financial reporting • Impact studies • Litigation support

• Market studies • Portfolio valuation

• Property tax consulting • Real property appraisal

Leah Dauer Murphy, MAI Executive Director U.S. Practice Lead Valuation & Advisory +1 414 203 3043 leah.murphy@cushwake.com Mark Capasso Executive Director Americas Practice Lead Valuation & Advisory +1 213 955 6442 mark.capasso@cushwake.com

• Limited and select service hotels • Lodging related mixed use projects • Middle market and economy facilities • Native American casinos • Resorts • Timeshare properties • Traditional land based casinos

• Dockside and riverboat casinos • Existing or proposed properties

• Extended stay hotels • Fractional properties • Full service hotels • Horse and dog tracks

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