Public Hospitality

ADGEMIS BANKRUPT AS PUBLIC GOES UNDER

Posted on October 3rd, 2025 by Clyde Mooney
Jon Adgemis has surrendered the game, filing for bankruptcy as he is said to owe billions, Deutsche Bank takes control of his last five pubs, and a showdown with the ATO loomed in Federal Court. The former KPMG banker had

VACANT KURRAJONG SELLS TO NEW GROUP

Posted on September 10th, 2025 by Clyde Mooney
The Kurrajong Hotel at Erskineville, repossessed out of Jon Adgemis’ fading Public Hospitality fund, has sold as a vacant freehold for $20 million to a new hotel investor assembling a growing portfolio. The big corner pub is an Art Deco

PUBLIC’S PADDO PUB SOLD

Posted on July 16th, 2025 by Clyde Mooney
Another of the distressed Public Hospitality portfolio has sold, seeing Paddington’s long-standing ‘Three Weeds’ going to an unnamed “private investment syndicate”. The former Rose, Shamrock and Thistle, more commonly known as Three Weeds, is one of the precinct’s historic pubs,

TOWN HALL HOTEL BALMAIN SELLS AT AUCTION

Posted on July 11th, 2025 by Clyde Mooney
Balmain’s beleaguered Town Hall Hotel is back, after selling this week to a ‘restitutional’ investor as the Public Hospitality portfolio flounders. The Town Hall Hotel was built in 1888 on a corner of arterial Darling Street, opposite the suburb’s actual

RECEIVER SALE OF ADGEMIS’ TOWN HALL

Posted on June 12th, 2025 by Clyde Mooney
In further dismantlement of Jon Adgemis’ Public Hospitality portfolio, the once jumping former Town Hall Hotel in Balmain is being sold through receivers. Set on the bustling corner of arterial Darling and Montague streets opposite the suburb’s actual Town Hall,

SOLOTEL BREATHES NEW LIFE INTO THE NORFOLK

Posted on April 7th, 2025 by Clyde Mooney
Redfern’s 104-year-old landmark The Norfolk will reopen later this month, after its closure last year when previous owners Public Hospitality Group fell into administration. New custodians Solotel, who acquired The Norfolk along with Oxford House in Paddington, and Camelia Grove

SOLOTEL SNARES A SET OF PUBLIC PUBS

Posted on December 13th, 2024 by Clyde Mooney
Leading Sydney operator Solotel has emerged as the new operator of the majority of the Public Hospitality portfolio recently into receivership, adding three inner west pubs to the collection. Formerly high-flying dealmaker for tax advisor KPMG, Jon Adgemis, came unstuck

PUBLIC FIVE ON THE LINE

Posted on October 16th, 2024 by Clyde Mooney
Administrators FTI Consulting have swung into action, listing five of Jon Adgemis’ Public Hospitality venues at once, individually or in one line. Formerly a high-flying dealmaker for tax advisor KPMG, Adgemis hopped on the hotel bandwagon in the late teens,

FINANCE AND A FRYING PAN FOR ADGEMIS’ PUBLIC

Posted on August 2nd, 2024 by Clyde Mooney
Aspiring hotelier Jon Adgemis has reportedly finally locked in the $400 million refinancing to save Public Hospitality Group, as lenders mandate management and a Masterchef joins the project. According to sources in finance, Deutsche Bank and other lenders have executed

MAYBE SAMMY SPLITS WITH PUBLIC

Posted on July 12th, 2024 by Clyde Mooney
The Adgemis Public sunder has taken another twist with operation partners The Maybe Group announcing today the immediate end of their tenure together. Award-winning cocktail bar Maybe Sammy and Randwick pizzeria Maybe Frank will return to The Maybe Group, led