FEATURED PROPERTIES

Marriott and Embassy Suites Convention Center
Winston Salem, NC
PROPERTY DETAILS
- 467 rooms (combined)
- Convention center assets
- $20MM deep value-add
- JV in association with HVMG (operating partner)
- Highly financially structured transaction
- Associated with city lease for 100,000 SF convention center
SERVICES
- Equity Investment
- Deal structuring
RESULTS
- Renovation completed on budget
- Stabilized NOI at 200% of pre-renovation levels

Home2 Suites by Hilton Stafford
Houston (MSA), TX
PROPERTY DETAILS
- 91 rooms
- Ground-up development
SERVICES
- Equity investment
- Planning and construction phase support
- Pre-opening and opening services
- Property management
RESULTS
- Ramped property after opening despite downturn in market
- Original investment thesis regarding high barriers to entry in submarket protected asset value compared to assets in other submarkets