As the nation struggles through the global pandemic, hoteliers are working hard to get their hotels reopened and to retain or rehire staff. Federal stimulus dollars have flooded into the hotel market, but can only go so far without more guests staying in hotels. Soon some hoteliers are going to face tough decisions.
Hotel Innvestor is pleased to announce that we have sourced multiple capital sources looking for white knight situations, or what we like to call Compassionate Equity. These sources are not Vulture Funds or Predatory Lenders. Our capital sources are looking for good sponsors with well located, premium branded hotels that are in need of liquidity either through recapitalization Joint-Venture Equity or Preferred Equity investments. Our investors prefer select service or extended stay properties, including properties under construction. They are not interested in budget motels or big box full service with extensive meeting space. Independent hotels in high barrier to entry/coastal locations will be looked at on a case by case basis.
Premium brands include Marriott, Hilton, Hyatt and IHG located in the top 100 + MSA nationally. Pricing will be underwritten on a case by case basis, but it is IRR driven and will most likely feature a preferred return and be back loaded for liquidity.
If you have a property or portfolio that meets these parameters, please contact us for a confidential review.