CSM Lodging Appoints Patrick C. Vyncke as Director of Acquisitions & Development

. February 20, 2014

Minneapolis, Minnesota - February 20, 2014 - CSM Lodging, a division of CSM Corporation, has named Patrick C. Vyncke director of acquisitions & development for the hospitality management and ownership company. Michael Coolidge, senior vice president, real estate and development, made the announcement.

"It is a pleasure to welcome Patrick to our company," said Mr. Coolidge. "His background in hotel acquisitions and real estate development will serve CSM Lodging well as we continue to grow our portfolio of owned & operated properties. It is good to have Patrick on our team."

Patrick Vyncke was most recently an associate for Watermark Capital Partners, a private equity investment firm based in Chicago, and co-advisor of Carey Watermark Investors, Incorporated (CWI), a $1 billion publicly-registered REIT. In this role, he was directly involved in the acquisition, disposition and asset management activities for the various properties within the portfolio. Previous to this appointment he held the title of finance manager for American Property Hospitality Management, LLC, a private equity-backed owner and operator of hotels and resorts throughout the United States and Mexico, based in Los Angeles.

Mr. Vyncke is a graduate of DePaul University where he earned dual Bachelor of Science degrees in finance and business administration.

About CSM Lodging

CSM Lodging, a division of CSM Corporation, acquires, develops and manages quality hospitality real estate investments within select markets across the United States. The company is known for their business ethos of treating their customers and associates with integrity and respect, and for their commitment to the future of the communities in which they live and work.

In 1994, CSM purchased its first hotel in St. Paul, Minnesota. By the end of 2002, CSM had opened 29 hotels and developed a presence in Minneapolis, Portland, Denver, Boston, Detroit, Seattle and Naples. Today, CSM Lodging manages 38 hotels nationwide and continues to achieve awards in design, openings, quality, sales excellence, marketing and revenue management.

CSM Lodging is part of the CSM Corporation family of companies, founded in 1976, which has engaged in the acquisition, development, leasing, management and ownership of quality real estate assets. The extensive portfolio includes retail, office & industrial, multi-family residential, and hotel properties across the United States.

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