<?xml version="1.0" encoding="UTF-8"?>
<urlset xmlns="http://www.sitemaps.org/schemas/sitemap/0.9" xmlns:image="http://www.google.com/schemas/sitemap-image/1.1" xmlns:xhtml="http://www.w3.org/1999/xhtml">
  <url>
    <loc>https://www.yangcapitalgroup.com/welcome</loc>
    <changefreq>daily</changefreq>
    <priority>1.0</priority>
    <lastmod>2025-04-11</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/112b2067-42d8-4218-bf58-c1f4639f8ed4/Dan-Yoo.jpg</image:loc>
      <image:title>Welcome - Dan Yoo</image:title>
      <image:caption>Dan has held pivotal roles at leading companies such as Coinbase and LinkedIn, where he served as the Vice President of Business and Data. Before joining Coinbase, Dan was the Chief Operating Officer at NerdWallet. His expertise extends to board positions, having served on the Board of Directors at Care.com and the Policy Owner’s Committee at Northwestern Mutual Life. Additionally, he co-founded and partnered at Stone Korean Kitchen. Dan earned a BSBA in Management and Finance with a minor in Government from Georgetown University. He later received an MBA in General Management and Management of Technology from the University of California, Berkeley, Haas School of Business.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/683acc40-119d-47ba-b332-ca7d8f08d4f2/Jens-Voges.jpg</image:loc>
      <image:title>Welcome - Jens Voges</image:title>
      <image:caption>Jens has dedicated his 25+ year career to building and running companies that make innovative and complex hardware products. His experience spans many industries, including automotive, medical devices, high tech, food service and consumer electronics. He started his career as a mechanical engineer and operations manager learning industry best practices from large multinational corporations and has held executive level leadership positions at start-ups and mid-market companies for the last 20+ years. Jens has hands-on experience navigating the full life cycle from product ideation through on- and off-shore mass production and end-of-life. He is the inventor on 12 US utility patents and their international counterparts. He has earned engineering degrees from Dartmouth College and MIT and an MBA from MIT Sloan.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1422373247226-2ME2FKABR0OXPGUGHP0U/2014-06-5-Life-of-Pix-free-stock-photos-city-bruges-appartement.jpg</image:loc>
      <image:title>Welcome - Merri Weiner Operations Manager</image:title>
      <image:caption>Merri’s experience in the investment management industry spans 20+years.  Most recently she was the Chief Compliance Officer and Director of Operations for a Bay Area based Registered Investment Advisory firm. Merri also had roles as a client support analyst for several financial software companies.  At Yang Capital Group, Merri works closely with Stephen Yang on investor communication, LLC state filings and liaises with outside vendors.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/50637634-44c4-4e61-9f93-7d87df60ec07/Stephen-Yang.jpg</image:loc>
      <image:title>Welcome - STEPHEN YANG Co-Founder / Partner</image:title>
      <image:caption>Stephen Yang is the managing member and co-founder of Yang Capital and the founder of Point Hospitality.  Prior to forming Yang Capital, he was a founding Managing Principal of Walnut Hill where he acquired, owned and operated a diverse real estate portfolio in New York and San Francisco.  He served as a founding Principal and Managing Director at Square Mile Capital as well as Vice President at Deutsche Bank.  Stephen graduated from Georgetown University with a B.S. in Finance and Technology Management and received his M.B.A. from Columbia Business School.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/5e621ecc-2bd6-4ec8-9532-6708df02dc1b/Katherine-Chan.jpg</image:loc>
      <image:title>Welcome - Katherine Chan</image:title>
      <image:caption>Katherine previously worked at Airbnb as part of the deal team for customer experience integration and service design for Airbnb's premium customer segments. She specialized in investments as part of Kimpton Hotels &amp; Restaurants' private equity funds and management company. Previously, she served on the acquisition and asset management teams of Ohana Real Estate Advisors and as a consultant for Pinnacle Advisory Group. Katherine graduated from Cornell University with a B.S. in Hotel Administration and received her M.B.A. from the Wharton School of the University of Pennsylvania.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/386e6b4b-885a-4e5c-a9a8-682922db5c78/Stan-Nix.jpg</image:loc>
      <image:title>Welcome - Stan Nix</image:title>
      <image:caption>Stan serves as the Chief Executive Officer and is a Founding Partner of Timberline Real Estate Partners and oversees the company’s portfolio and real estate investment and development strategy. Prior to founding Timberline in 2018, Stan held the position of Principal and Chief Operating Officer at Greenfield Partners, an SEC-registered multi-asset class real estate fund manager. During his 18 years at Greenfield, Stan oversaw portfolio management across nine discretionary equity funds, headed the firm’s asset management activities in the US and overseas. Stan has been directly involved in the acquisition, development, management, financing, and disposition of 20M+ SF of office, 12M+ SF of industrial, 8,400 hotel keys, and over 65,000 acres of land investments. Stan received an MBA from Vanderbilt University’s Owen Graduate School of Management and a BS from Birmingham Southern College.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1422373247226-2ME2FKABR0OXPGUGHP0U/2014-06-5-Life-of-Pix-free-stock-photos-city-bruges-appartement.jpg</image:loc>
      <image:title>Welcome</image:title>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425506314990-ZFT23LAN08OOLXO4G5XH/Main+Image_2.png</image:loc>
      <image:title>Welcome</image:title>
      <image:caption />
    </image:image>
  </url>
  <url>
    <loc>https://www.yangcapitalgroup.com/ourexperience</loc>
    <changefreq>daily</changefreq>
    <priority>0.75</priority>
    <lastmod>2024-08-05</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425064042598-3AY0NMH2EEU57GO4VVQA/_V5B3207-1600x866.jpg</image:loc>
      <image:title>Our Experience - 31 W 27th St</image:title>
      <image:caption>Led the acquisition, asset management and repositioning of the historic mid-town south loft building in Manhattan, NY. (At Walnut Hill)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425064042598-3AY0NMH2EEU57GO4VVQA/_V5B3207-1600x866.jpg</image:loc>
      <image:title>Our Experience - 31 W 27th St</image:title>
      <image:caption>Led the acquisition, asset management and repositioning of the historic mid-town south loft building in Manhattan, NY. (At Walnut Hill)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722894922152-BESLTFSS0ZMMV8W68Q4U/image-asset.jpeg</image:loc>
      <image:title>Our Experience - 31 W 27th St</image:title>
      <image:caption>Led the acquisition, asset management and repositioning of the historic mid-town south loft building in Manhattan, NY. (At Walnut Hill)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425063981737-TMZ060EF4M0D14DS11K1/psp-hotel.jpg</image:loc>
      <image:title>Our Experience - Tuscan Hotel</image:title>
      <image:caption>Led the acquisition, renovation, repositioning of the non-union, fee-simple hotel in Fisherman’s Wharf.  Results include moving from #75 to #11 on Trip Advisor SF, and GM winning the Peter Goldman Award. (At Walnut Hill)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722895174621-COTYPGQPNDK44H7UPK7P/image-asset.jpeg</image:loc>
      <image:title>Our Experience - Tuscan Hotel</image:title>
      <image:caption>Led the acquisition, renovation, repositioning of the non-union, fee-simple hotel in Fisherman’s Wharf.  Results include moving from #75 to #11 on Trip Advisor SF, and GM winning the Peter Goldman Award. (At Walnut Hill)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722259815925-S96RIDBN19HF097TOHSV/image-asset.jpeg</image:loc>
      <image:title>Our Experience - Sky Rock Inn of Sedona</image:title>
      <image:caption>Month Acquired: March 2018 Sub Market: West Sedona Product Type: Hotel, resort, health club plus restaurant Project Size: 110 rooms 3 acre site Status: Sold March 2021</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1567027037717-JH7TXW9KR8584T4I6UKB/Sedona-Exterior-fb.png</image:loc>
      <image:title>Our Experience - Sky Rock Inn of Sedona</image:title>
      <image:caption>Month Acquired: March 2018 Sub Market: West Sedona Product Type: Hotel, resort, health club plus restaurant Project Size: 110 rooms 3 acre site Status: Sold March 2021</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425064137472-MP7UV4D7I6ZYM8QN4RKP/image-asset.jpeg</image:loc>
      <image:title>Our Experience - NoMad Hotel</image:title>
      <image:caption>Led the investment into the conversion of a historic office building into a 5-star independent hotel. (At Square Mile)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722895117227-2SLDF2SREG2K0091RH77/image-asset.jpeg</image:loc>
      <image:title>Our Experience - NoMad Hotel</image:title>
      <image:caption>Led the investment into the conversion of a historic office building into a 5-star independent hotel. (At Square Mile)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425504463239-6VD0PTACMDAPULSSDUNY/DeathtoStock_City8.jpg</image:loc>
      <image:title>Our Experience - 611 Santa Cruz</image:title>
      <image:caption>Led the acquisition, initial redevelopment and leasing of a central retail/office building situated on 1 acre of land on a prime corner in Menlo Park, CA. (At Walnut Hill)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722895862438-509WP2VIJ3S3DQHY6SMC/image-asset.jpeg</image:loc>
      <image:title>Our Experience - 611 Santa Cruz</image:title>
      <image:caption>Led the acquisition, initial redevelopment and leasing of a central retail/office building situated on 1 acre of land on a prime corner in Menlo Park, CA. (At Walnut Hill)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425064001010-HSIL2UMP4RRP7HSLMJQO/NoMad_Hotel_1170_Broadway_top.jpg</image:loc>
      <image:title>Our Experience - HIE 5th Ave</image:title>
      <image:caption>Led the acquisition, asset management and renovation of the non-union, fee simple hotel in Midtown Manhattan.  (At Walnut Hill)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722894992619-GT00NE1MG1YUY6L7C93J/image-asset.jpeg</image:loc>
      <image:title>Our Experience - HIE 5th Ave</image:title>
      <image:caption>Led the acquisition, asset management and renovation of the non-union, fee simple hotel in Midtown Manhattan.  (At Walnut Hill)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722259995832-IRQ2QH4TCEH622NDTYKE/image-asset.jpeg</image:loc>
      <image:title>Our Experience - Holiday Inn &amp; Suites, Santa Maria</image:title>
      <image:caption>Month Acquired: October 2016 Sub Market: Broadway Product Type: Hotel with Restaurant Project Size: 207 rooms 5 acre site Status: Sold May 2022</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1567028439686-E3Y7SMTSOZMXO24XHPGL/santa-maria-hotels.jpg</image:loc>
      <image:title>Our Experience - Holiday Inn &amp; Suites, Santa Maria</image:title>
      <image:caption>Month Acquired: October 2016 Sub Market: Broadway Product Type: Hotel with Restaurant Project Size: 207 rooms 5 acre site Status: Sold May 2022</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722260066597-GF1KF0UJC8GWFJQKQXEP/image-asset.jpeg</image:loc>
      <image:title>Our Experience - Tilden Hotel, San Francisco</image:title>
      <image:caption>Month Acquired: August 2015 Sub Market: Tenderloin / Union Square Product Type: Hotel with Restaurant Project Size: 118 rooms plus penthouse, meeting space restaurant and cafe Status: Sold October 2021</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1567029316725-U4A0HZU11V52DT8UDMSU/Tilden+-+Lobby1600x1200.jpg</image:loc>
      <image:title>Our Experience - Tilden Hotel, San Francisco</image:title>
      <image:caption>Month Acquired: August 2015 Sub Market: Tenderloin / Union Square Product Type: Hotel with Restaurant Project Size: 118 rooms plus penthouse, meeting space restaurant and cafe Status: Sold October 2021</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425585208039-W3GCSC18RH1XOVWUONHH/Cast+Iron.jpg</image:loc>
      <image:title>Our Experience - HPT 17</image:title>
      <image:caption>Co-led the acquisition, discounted payoff from five major Wall Street banks and restructuring as part of the larger Extended Stay Hospitality bankruptcy of 17 Homestead Studio Suites hotels, located primarily around Washington, DC and South Florida. (At Square Mile)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722895102607-WVDOXCC2FKGM5YTLJW1D/image-asset.jpeg</image:loc>
      <image:title>Our Experience - HPT 17</image:title>
      <image:caption>Co-led the acquisition, discounted payoff from five major Wall Street banks and restructuring as part of the larger Extended Stay Hospitality bankruptcy of 17 Homestead Studio Suites hotels, located primarily around Washington, DC and South Florida. (At Square Mile)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425064059211-VDN3DWZ206CFUHESDRAM/YANG_PORTFOLIO_IMAGES_25.jpg</image:loc>
      <image:title>Our Experience - Ace Hotel</image:title>
      <image:caption>Led the investment into the redevelopment of the original Howard Johnson.  Asset managed the redevelopment team. (At Square Mile)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722894951671-8FSM5LFO2ON23Y19V54K/image-asset.jpeg</image:loc>
      <image:title>Our Experience - Ace Hotel, Palm Springs</image:title>
      <image:caption>Led the investment into the redevelopment of the original Howard Johnson.  Asset managed the redevelopment team. (At Square Mile)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425585164450-0E3K6HSYR0PJXZ5QP7R4/Swig.png</image:loc>
      <image:title>Our Experience - 25 Broad Street</image:title>
      <image:caption>Part of the team that made a preferred equity investment personally secured by a high net worth individual and his interests in 25 Broad, Sheffield 57 and 450 Sansome. (At Square Mile)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722894901639-FQSIQGQKT581TA4X6W18/image-asset.jpeg</image:loc>
      <image:title>Our Experience - 25 Broad Street</image:title>
      <image:caption>Part of the team that made a preferred equity investment personally secured by a high net worth individual and his interests in 25 Broad, Sheffield 57 and 450 Sansome. (At Square Mile)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425504477930-NTNFZC5D6V1P5ZDAFQAT/_V5B3207-1600x866.jpg</image:loc>
      <image:title>Our Experience - West Shore Plaza</image:title>
      <image:caption>Led the acquisition of a B-note secured by a retail power center located in under-retailed Staten Island. (At Square Mile)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722895154981-QPCHQKZV46I6DH3TAT1H/image-asset.jpeg</image:loc>
      <image:title>Our Experience - West Shore Plaza</image:title>
      <image:caption>Led the acquisition of a B-note secured by a retail power center located in under-retailed Staten Island. (At Square Mile)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425504506207-TI8XT66KOHPGYI0Y96AT/34498_149_z.jpg</image:loc>
      <image:title>Our Experience - Aston Waikiki</image:title>
      <image:caption>Led the acquisition and asset management of the Aston Waikiki. Repositioning and renovation led to a 2.4x increase in net operating income. (At Deutsche Bank)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722894975815-7OFRDWMDRIA47ZSGAYTJ/image-asset.jpeg</image:loc>
      <image:title>Our Experience - Aston Waikiki</image:title>
      <image:caption>Led the acquisition and asset management of the Aston Waikiki. Repositioning and renovation led to a 2.4x increase in net operating income. (At Deutsche Bank)</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.yangcapitalgroup.com/current</loc>
    <changefreq>daily</changefreq>
    <priority>0.75</priority>
    <lastmod>2024-08-08</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1567026427221-TJWQ4DTHF5B5UHYCRPCS/18.12.12.cottonwood_marriott_wasatch_blvd_FINAL_001+%281%29.jpg</image:loc>
      <image:title>Current - Courtyard by Marriott</image:title>
      <image:caption>Month Acquired: November 2019 Sub Market: Cottonwood Heights Product Type: Hotel plus mixed use development Project Size: 149 rooms part of a 10 acre mixed use development Status: Currently Owned</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1567026427221-TJWQ4DTHF5B5UHYCRPCS/18.12.12.cottonwood_marriott_wasatch_blvd_FINAL_001+%281%29.jpg</image:loc>
      <image:title>Current - Courtyard by Marriott</image:title>
      <image:caption>Month Acquired: November 2019 Sub Market: Cottonwood Heights Product Type: Hotel plus mixed use development Project Size: 149 rooms part of a 10 acre mixed use development Status: Currently Owned</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1567026975850-58TC7ET1TZ0P7JKLEU6P/Flamingo-Resort-Front.jpg</image:loc>
      <image:title>Current - Flamingo Resort</image:title>
      <image:caption>Month Acquired: January 2019 Sub Market: Montecito heights Product Type: Hotel, resort, health club plus restaurant Project Size: 170 rooms 10 acre site Status: Currently Owned</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1567027037717-JH7TXW9KR8584T4I6UKB/Sedona-Exterior-fb.png</image:loc>
      <image:title>Current - Sky Rock Inn of Sedona</image:title>
      <image:caption>Month Acquired: March 2018 Sub Market: West Sedona Product Type: Hotel, resort, health club plus restaurant Project Size: 110 rooms 3 acre site Status: Sold March 2021</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1567028439686-E3Y7SMTSOZMXO24XHPGL/santa-maria-hotels.jpg</image:loc>
      <image:title>Current - Holiday Inn &amp;amp; Suites Santa Maria</image:title>
      <image:caption>Month Acquired: October 2016 Sub Market: Broadway Product Type: Hotel with Restaurant Project Size: 207 rooms 5 acre site Status: Sold May 2022</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1567028250067-0MX41RC7O51GX4NQ9457/Front+exterior.+6oopxl.jpg</image:loc>
      <image:title>Current - The Sandman Hotel, Santa Rosa</image:title>
      <image:caption>Month Acquired: October 2015 Sub Market: Fountain Grove Product Type: Hotel with Pool Bar Project Size: 137 rooms 3 acre site Status: Currently Owned</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1567029316725-U4A0HZU11V52DT8UDMSU/Tilden+-+Lobby1600x1200.jpg</image:loc>
      <image:title>Current - Tilden Hotel</image:title>
      <image:caption>Month Acquired: August 2015 Sub Market: Tenderloin / Union Square Product Type: Hotel with Restaurant Project Size: 118 rooms plus penthouse, meeting space restaurant and cafe Status: Sold October 2021</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.yangcapitalgroup.com/portfolio</loc>
    <changefreq>daily</changefreq>
    <priority>0.75</priority>
    <lastmod>2015-01-27</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425064042598-3AY0NMH2EEU57GO4VVQA/_V5B3207-1600x866.jpg</image:loc>
      <image:title>Portfolio - 31 W 27th St</image:title>
      <image:caption>Led the acquisition, asset management and repositioning of the historic mid-town south loft building in Manhattan, NY. (At Walnut Hill)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722894922152-BESLTFSS0ZMMV8W68Q4U/image-asset.jpeg</image:loc>
      <image:title>Portfolio - 31 W 27th St</image:title>
      <image:caption>Led the acquisition, asset management and repositioning of the historic mid-town south loft building in Manhattan, NY. (At Walnut Hill)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425063981737-TMZ060EF4M0D14DS11K1/psp-hotel.jpg</image:loc>
      <image:title>Portfolio - Tuscan Hotel</image:title>
      <image:caption>Led the acquisition, renovation, repositioning of the non-union, fee-simple hotel in Fisherman’s Wharf.  Results include moving from #75 to #11 on Trip Advisor SF, and GM winning the Peter Goldman Award. (At Walnut Hill)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722895174621-COTYPGQPNDK44H7UPK7P/image-asset.jpeg</image:loc>
      <image:title>Portfolio - Tuscan Hotel</image:title>
      <image:caption>Led the acquisition, renovation, repositioning of the non-union, fee-simple hotel in Fisherman’s Wharf.  Results include moving from #75 to #11 on Trip Advisor SF, and GM winning the Peter Goldman Award. (At Walnut Hill)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722259815925-S96RIDBN19HF097TOHSV/image-asset.jpeg</image:loc>
      <image:title>Portfolio - Sky Rock Inn of Sedona</image:title>
      <image:caption>Month Acquired: March 2018 Sub Market: West Sedona Product Type: Hotel, resort, health club plus restaurant Project Size: 110 rooms 3 acre site Status: Sold March 2021</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1567027037717-JH7TXW9KR8584T4I6UKB/Sedona-Exterior-fb.png</image:loc>
      <image:title>Portfolio - Sky Rock Inn of Sedona</image:title>
      <image:caption>Month Acquired: March 2018 Sub Market: West Sedona Product Type: Hotel, resort, health club plus restaurant Project Size: 110 rooms 3 acre site Status: Sold March 2021</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425064137472-MP7UV4D7I6ZYM8QN4RKP/image-asset.jpeg</image:loc>
      <image:title>Portfolio - NoMad Hotel</image:title>
      <image:caption>Led the investment into the conversion of a historic office building into a 5-star independent hotel. (At Square Mile)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722895117227-2SLDF2SREG2K0091RH77/image-asset.jpeg</image:loc>
      <image:title>Portfolio - NoMad Hotel</image:title>
      <image:caption>Led the investment into the conversion of a historic office building into a 5-star independent hotel. (At Square Mile)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425504463239-6VD0PTACMDAPULSSDUNY/DeathtoStock_City8.jpg</image:loc>
      <image:title>Portfolio - 611 Santa Cruz</image:title>
      <image:caption>Led the acquisition, initial redevelopment and leasing of a central retail/office building situated on 1 acre of land on a prime corner in Menlo Park, CA. (At Walnut Hill)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722895862438-509WP2VIJ3S3DQHY6SMC/image-asset.jpeg</image:loc>
      <image:title>Portfolio - 611 Santa Cruz</image:title>
      <image:caption>Led the acquisition, initial redevelopment and leasing of a central retail/office building situated on 1 acre of land on a prime corner in Menlo Park, CA. (At Walnut Hill)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425064001010-HSIL2UMP4RRP7HSLMJQO/NoMad_Hotel_1170_Broadway_top.jpg</image:loc>
      <image:title>Portfolio - HIE 5th Ave</image:title>
      <image:caption>Led the acquisition, asset management and renovation of the non-union, fee simple hotel in Midtown Manhattan.  (At Walnut Hill)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722894992619-GT00NE1MG1YUY6L7C93J/image-asset.jpeg</image:loc>
      <image:title>Portfolio - HIE 5th Ave</image:title>
      <image:caption>Led the acquisition, asset management and renovation of the non-union, fee simple hotel in Midtown Manhattan.  (At Walnut Hill)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722259995832-IRQ2QH4TCEH622NDTYKE/image-asset.jpeg</image:loc>
      <image:title>Portfolio - Holiday Inn &amp; Suites, Santa Maria</image:title>
      <image:caption>Month Acquired: October 2016 Sub Market: Broadway Product Type: Hotel with Restaurant Project Size: 207 rooms 5 acre site Status: Sold May 2022</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1567028439686-E3Y7SMTSOZMXO24XHPGL/santa-maria-hotels.jpg</image:loc>
      <image:title>Portfolio - Holiday Inn &amp; Suites, Santa Maria</image:title>
      <image:caption>Month Acquired: October 2016 Sub Market: Broadway Product Type: Hotel with Restaurant Project Size: 207 rooms 5 acre site Status: Sold May 2022</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722260066597-GF1KF0UJC8GWFJQKQXEP/image-asset.jpeg</image:loc>
      <image:title>Portfolio - Tilden Hotel, San Francisco</image:title>
      <image:caption>Month Acquired: August 2015 Sub Market: Tenderloin / Union Square Product Type: Hotel with Restaurant Project Size: 118 rooms plus penthouse, meeting space restaurant and cafe Status: Sold October 2021</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1567029316725-U4A0HZU11V52DT8UDMSU/Tilden+-+Lobby1600x1200.jpg</image:loc>
      <image:title>Portfolio - Tilden Hotel, San Francisco</image:title>
      <image:caption>Month Acquired: August 2015 Sub Market: Tenderloin / Union Square Product Type: Hotel with Restaurant Project Size: 118 rooms plus penthouse, meeting space restaurant and cafe Status: Sold October 2021</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425585208039-W3GCSC18RH1XOVWUONHH/Cast+Iron.jpg</image:loc>
      <image:title>Portfolio - HPT 17</image:title>
      <image:caption>Co-led the acquisition, discounted payoff from five major Wall Street banks and restructuring as part of the larger Extended Stay Hospitality bankruptcy of 17 Homestead Studio Suites hotels, located primarily around Washington, DC and South Florida. (At Square Mile)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722895102607-WVDOXCC2FKGM5YTLJW1D/image-asset.jpeg</image:loc>
      <image:title>Portfolio - HPT 17</image:title>
      <image:caption>Co-led the acquisition, discounted payoff from five major Wall Street banks and restructuring as part of the larger Extended Stay Hospitality bankruptcy of 17 Homestead Studio Suites hotels, located primarily around Washington, DC and South Florida. (At Square Mile)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425064059211-VDN3DWZ206CFUHESDRAM/YANG_PORTFOLIO_IMAGES_25.jpg</image:loc>
      <image:title>Portfolio - Ace Hotel</image:title>
      <image:caption>Led the investment into the redevelopment of the original Howard Johnson.  Asset managed the redevelopment team. (At Square Mile)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722894951671-8FSM5LFO2ON23Y19V54K/image-asset.jpeg</image:loc>
      <image:title>Portfolio - Ace Hotel, Palm Springs</image:title>
      <image:caption>Led the investment into the redevelopment of the original Howard Johnson.  Asset managed the redevelopment team. (At Square Mile)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425585164450-0E3K6HSYR0PJXZ5QP7R4/Swig.png</image:loc>
      <image:title>Portfolio - 25 Broad Street</image:title>
      <image:caption>Part of the team that made a preferred equity investment personally secured by a high net worth individual and his interests in 25 Broad, Sheffield 57 and 450 Sansome. (At Square Mile)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722894901639-FQSIQGQKT581TA4X6W18/image-asset.jpeg</image:loc>
      <image:title>Portfolio - 25 Broad Street</image:title>
      <image:caption>Part of the team that made a preferred equity investment personally secured by a high net worth individual and his interests in 25 Broad, Sheffield 57 and 450 Sansome. (At Square Mile)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425504477930-NTNFZC5D6V1P5ZDAFQAT/_V5B3207-1600x866.jpg</image:loc>
      <image:title>Portfolio - West Shore Plaza</image:title>
      <image:caption>Led the acquisition of a B-note secured by a retail power center located in under-retailed Staten Island. (At Square Mile)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722895154981-QPCHQKZV46I6DH3TAT1H/image-asset.jpeg</image:loc>
      <image:title>Portfolio - West Shore Plaza</image:title>
      <image:caption>Led the acquisition of a B-note secured by a retail power center located in under-retailed Staten Island. (At Square Mile)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1425504506207-TI8XT66KOHPGYI0Y96AT/34498_149_z.jpg</image:loc>
      <image:title>Portfolio - Aston Waikiki</image:title>
      <image:caption>Led the acquisition and asset management of the Aston Waikiki. Repositioning and renovation led to a 2.4x increase in net operating income. (At Deutsche Bank)</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/54c7a87be4b02ad05e8b6d7e/1722894975815-7OFRDWMDRIA47ZSGAYTJ/image-asset.jpeg</image:loc>
      <image:title>Portfolio - Aston Waikiki</image:title>
      <image:caption>Led the acquisition and asset management of the Aston Waikiki. Repositioning and renovation led to a 2.4x increase in net operating income. (At Deutsche Bank)</image:caption>
    </image:image>
  </url>
</urlset>

