Proven track record across multiple cycles of sourcing, executing and opportunistically monetizing alongside institutional clients on diversified type of hotel investments (urban, suburban, convention and resort properties as well as single assets and portfolios).
Direct investment alongside institutional partner. Led off-market sourcing (deal and equity) and oversight of acquisition, asset management, refinancing and disposition. Multiple value-add strategies implemented during hold period driving net operating income 50%+. Asset refinanced within first 12 months of acquisition and sold after five years of ownership. Partnership realized 3.0x gross equity multiple.
Direct investment alongside institutional partner. Led broken-marketed sourcing (deal, equity and debt) and oversight of acquisition, asset management, and disposition. In under three years net operating income more than doubled and asset sold with partnership realizing a 2.6x gross equity multiple.
Direct investment alongside institutional partner. Led broken-marketed opportunity sourcing (deal, equity and debt) and oversight of acquisition, asset management and disposition. In under three years net operating income increased 50%+ and asset sold with partnership realizing a 3.2x gross equity multiple.
Direct investment alongside major institutional partner. Led off-market sourcing (deal and equity) and oversight of acquisition.
Led sourcing, acquisition and due diligence efforts (including brand selection and renovation planning/budgeting).
Direct investment alongside institutional partner. Led broken-marketed opportunity sourcing (deal and equity) and oversight of acquisition, asset management, refinancing and subsequent sale to JV partner. Asset realized 2.0x equity multiple.