|HERNDON, VA - BridgeStreet, the leading international provider of residences, serviced apartments and suites, announced JNB Group and its President, TJ Baring, will assist BridgeStreet in expanding opportunities in India.
JNB's appointment is key to our development of franchise and management opportunities in India and will contribute to bringing greater awareness of the BridgeStreet brand to this region," said Sean Worker, chief executive officer. "JNB brings extensive experience from its investment and development activities to serve as BridgeStreet's source of development in India."
JNB Group, LLC (JNB) is a privately owned real estate investments and development consortium headquartered in Cerritos, CA with liaison offices in UK, Indonesia and Canada. JNB through its affiliates has various investment projects in California and Arizona and JNB also owns and/or manages hotels, spas, retail centers, office and apartment buildings in the United States and India. JNB through its affiliates has developed, acquired, underwrote, sourced capital, managed and sold more than 4 billion dollars of commercial and residential projects in the United States and India.
With affiliates in India having offices in 125 pan India cities, JNB has a distinct advantage of local knowledge to select and execute projects in Tier I, II, and III cities of India.
JNB group is headed by TJ Barring, an ex Indian Naval Officer with over 25 years of Management experience. He has been involved in the development and all aspects of owning real estate in India and the US during the past decade. He is currently the President of Society of Indian Veterans in America, a non-profit organization with 120 members.
BridgeStreet is a leader in distribution, offering 20,000 apartments in its worldwide network. The company is the recipient of major industry awards including, Company Member of the Year from the Corporate Housing Provider Association (CHPA) and the 2011 Business Travel Award for Best Serviced Apartment Provider.
BridgeStreet is the leading global provider of fully furnished residences, serviced apartments and suites for travelers looking for a hotel alternative. BridgeStreet's 5-star Residences, 4-star Serviced Apartments and 3-star Suites combine the best of apartment living with a variety of service packages to offer guests more choices based on their lifestyle and budget. An award winner both in the Americas and EMEA, BridgeStreet is widely recognized for its uncompromising standards of quality, comfort and service. For more information, visit www.bridgestreet.com.