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CURRENT LISTINGS
Corendon Curacao All-Inclusive Resort Portfolio: Mangrove Beach Corendon Curacao All-Inclusive Resort (Mangrove Beach)
The Rif at Mangrove Beach Corendon Curacao All-Inclusive Resort (The Rif) Willemstad, Curacao
Keys: Mangrove Beach (399 keys) / The Rif (384 keys) Opened: Mangrove Beach (2020) / The Rif (2023)
Meeting Space: 8,252 SF
Brand Availability: Encumbered
Management Availability: Unencumbered
Contact: Christian Charre, Paul Weimer, Fernando Garcia-Chacon, Jennifer Jin
HIGHLIGHTS
• Excellent location: The resorts offer a tranquil beachfront setting near cultural landmarks and transportation hubs, outside the hurricane belt
• Purpose built resorts: Opened in 2020 and 2023, these properties are the newest resorts on the island
• Economies of scale: The resorts achieve cost efficiencies while catering to distinct guest segments—family friendly and adults focused
• Cash flow: The resorts are on track to achieve $89M in revenue and $28M NOI by 2027
• Top Caribbean lodging market: Curaçao’s lodging market boasts the fourth highest 10 year RevPAR CAGR among top Caribbean destinations
• Booming all inclusive segment: The properties benefit from Hilton’s Curio Collection affiliation and demand for premium branded experiences in the all inclusive segment
Costa Rica Marriott Portfolio:
Los Sueños Marriott Ocean & Golf Resort (LS)
Costa Rica Marriott Hotel Hacienda Belen (HB)
San Jose, Costa Rica / Playa Herradura, Costa Rica
Opened: LS (1999) / HB (1996)
Meeting Space: LS (14,694 SF) / HB (15,134 SF)
Brand Availability: Marriott Encumbered
Management Availability: Marriott Encumbered
Contact: Christian Charre, Paul Weimer, Fernando Garcia-Chacon, Jennifer Jin
HIGHLIGHTS
• Strong Cash Flow: Combined T12 Apr 2025 results exceeded $64M in revenue and more than $14M in NOI
• Flexible Portfolio Offering: The two Hotels are available as a portfolio or individually
• Significant Capital Improvements: Both Hotels have undergone extensive renovations over the past five years, enhancing guestrooms, meeting spaces, and F&B outlets
• Robust Tourism Growth: Costa Rica’s tourism sector contributed 8.2% to GDP in 2024, with record breaking international arrivals and strong visitor engagement
• Optimal Branding: The flagship Marriott branded Resorts benefit from the best in class loyalty program
• Favorable Investment Environment: The country offers political stability, property ownership laws that grant non citizens the same rights as citizens, and tax incentives for foreigner investors
• Infrastructure Modernization: Major investments in airports, roads, and ports have improved connectivity and efficiency, supporting tourism and economic growth
NOTES
Los Sueños Marriott Ocean & Golf Resort
Costa Rica Marriott Hotel Hacienda Belen
The Time Hotel New York, JdV by Hyatt New York, NY
Opened / Renovated: 1926 / 1999
Meeting Space: 1,260 SF Brand Availability: Encumbered Management Availability: Unencumbered, Franchise Conversion (currently brand managed)
Contact: Jared Kelso, Steve Michels, Steven Vazquez
HIGHLIGHTS
• Well maintained asset with approximately $21M ($108K per key) of CapEx since 2016
• Opportunity to convert from brand management to third party management
• Lucrative leased destination F&B venues that provide stable annual income
• Repositioning opportunity to implement unique rebrand with flexibility afforded by JDV soft brand
• Ability to capitalize on proven historical RevPAR and NOI upside following the implementation of a strategic renovation and new management
• Manhattan lodging market outperformed in 2024 with RevPAR up 23% compared to 2019
• Premier Times Square location in one of the highest trafficked corridors surrounded by trophy office towers, flagship dining and retailers, tourist attractions/landmarks, and booming new development
NOTES
The Chatwal, New York New York, NY
Opened: 2010
Meeting Space: 2,100 SF
Brand Availability: N/A
Management Availability: N/A
Contact: Jared Kelso, Steve Michels, Steven Vazquez, Lauren Greenberg
HIGHLIGHTS
• Extraordinary physical asset and operating model meticulously restored in 2010, offers a rare repositioning opportunity at less than half of replacement cost
• Efficient rooms only operating model, combined with ultra luxury ADR potential drives exceptional operating margins
• Leased amenity base further enhances the guest experience while maximizing profitability
• Significant value add potential through various operational and physical NOI projects, focusing on F&B outlets and meeting space, granting creative freedom to transform and reposition the 5 star boutique asset into a modern lifestyle hotel that captivates the modern luxury traveler
• Premier Midtown Manhattan location in one of the highest trafficked corridors surrounded by trophy office towers, high end dining, luxury retailers, tourist attractions/landmarks, and billion dollar developments, significant corporate and leisure demands drivers are captured by the Hotel
• Offers approximately 33,000 SQF of unused air rights
NOTES
Long Island City, NY
Opened/Renovated: 2011/2018
Meeting Space: N/A
Brand Availability: Unencumbered
Management Availability: Unencumbered
Contact: Steve Michels, Jared Kelso, Steven Vazquez
HIGHLIGHTS
• Extremely rare white box opportunity to acquire a fully unencumbered fee simple, non union hotel in NYC
• Highly visible location with unparalleled views of the NYC skyline and great accessibility to the tri state region
• Robust in place income including a recently executed 12,000 SF lease with Disney in addition to 3 leased F&B outlets
• Significant signage revenue opportunity
• Desirable 4,000+SF rooftop bar and restaurant
NOTES
Z Hotel NYC
Saratoga Springs, NY
Opened: 2017
Meeting Space: 480 SF
Brand Availability: N/A
Management Availability: Unencumbered
Denny Meikleham, John Kluh
HIGHLIGHTS
• Highly desirable location in one of New York’s most popular leisure destinations proximate to Saratoga Race Track & Casino and the Saratoga Performing Arts Center
• Institutional quality, purpose built and premium branded asset with key count expansion opportunity
• Strong in place cash flows with attainable operational upside
NOTES
Homewood Suites Saratoga Springs
The Westin Reston Heights Reston, VA
Opened: 2008
Meeting Space: 2,000 SF
Brand Availability: Westin (franchise expires 2028)
Management Availability: Unencumbered
Contact: Andy Wimsatt, Dan Hawkins, Christian Overton
HIGHLIGHTS
• Institutional quality, 191 room fee simple hotel built in 2008 with no immediate capital needs
• Highly visible location along Dulles Toll Road with proximity to Reston Town Center, Dulles International Airport (27 million passengers TTM), and downtown Washington D.C. via the Metro Silver Line
• Robust cash flow supported by highly efficient operations
• Poised for continued growth in the Dulles Technology Corridor – Confluence of corporate, government, and leisure travel allows for a variety of demand channels
• Will continue to benefit from Dulles International Airport’s $700 million expansion and Reston Town Center’s $2.8 billion ongoing development (4.4 million square feet of mixed use space)
• Attractive Westin branding with optionality (franchise agreement expiring 2028)
NOTES
The Hoxton Chicago Fulton Market, Chicago, IL
Opened: 2019
Meeting Space: 2,803 SF
Management Availability: Unencumbered
Contact: Ryan Lindgren, Jared Kelso, Steve Michels
HIGHLIGHTS
• A+ location in Fulton Market, surrounded by high profile corporate, top restaurants, and $4B+ in development
• Exceptional in place performance driven by a lean operating model and F&B concepts led by Boka Restaurant Group and James Beard winning chefs
• Undersupplied hotel submarket (696 keys) despite explosive office and multifamily development
• Material value add opportunities remain via potential additional keys and the introduction of a destination fee
NOTES
Kimpton Overland Atlanta Airport
Atlanta, GA
Opened / Renovated: 2017 / 2019 Kimpton Conversion
Meeting Space: 7,126 SF SF
Brand Availability: Unencumbered at a cost
Management Availability: Unencumbered
Contact: Christian Charre, Paul Weimer, Jennifer Jin
HIGHLIGHTS
• Recently built, well maintained asset built in 2017, the hotel is in turnkey condition and was converted from a Solis to Kimpton in 2019
• Top line growth: Growth potential given the Hotel is underpenetrating relative to comp set with new hotel GM and revamped sales team poised to drive further market share and RevPAR gains
• Favorable property tax exemption: Hotel benefits from a long term property tax abatement that extends through 2047 and is transferable upon sale
• Unencumbered of management: Management agreement is terminable upon sale, providing new ownership with operational flexibility
• Exceptional location near major demand drivers: Prime location adjacent to major demand drivers, including the Hartsfield Jackson International Airport, Porsche Cars North America HQ, Delta Air Lines Global HQ, and Georgia International Convention Center
NOTES
Solé Miami, A Noble House Resort
Sunny Isles Beach, FL
Opened: 2008
Meeting Space: 4,762 SF
Brand Availability: Unencumbered
Management Availability: Unencumbered
Contact: Christian Charre, Paul Weimer, Jennifer Jin
HIGHLIGHTS
• Prime Oceanfront Location: Beachfront asset in affluent Sunny Isles Beach, close to major Miami attractions
• Well Maintained Asset, Minimal Capex Needed: Property is in great condition, with last renovation in 2019, including upgrades to guestrooms, corridors, and restaurant
• Fully Unencumbered, Full Service Condo Hotel: Unencumbered of brand and management, allowing a new investor operational flexibility
• Right of First Refusal: Hotel owner has right of first refusal should a unit owner receive a third party offer to purchase their unit
• Long Term RMA Contracts: Current ownership introduced 15 year term RMAs in 2021; roughly 30% of units in the RMA are under these 15 year RMAs
• RMA Participation: Opportunity to increase RMA participation back to high 80% by better enforcing occupancy limits
NOTES
The Bellmoor Inn & Spa
Rehoboth Beach, DE
Opened / Renovated: 1932 / 2017
Meeting Space: 3,085 SF
Brand Availability: Unencumbered
Management Availability: Unencumbered
Contact: Ryan Lindgren, Christian Overton, Dan Hawkins,
HIGHLIGHTS
• Irreplaceable location in an extremely high barrier to entry market
• One of a kind asset with differentiated product offering and oversized guestrooms
• Remaining ROI projects, including a rooms renovation and the potential to add up to 4 keys
• Loyal customer base and strong annual repeat business given hotel’s longstanding reputation in the market
• Unique off season demand drivers insulate against seasonality risk
NOTES
Residence Inn Boston Burlington Burlington, MA
Opened: 2017
Meeting Space: 721 SF
Management Availability: Unencumbered
Contact: Denny Meikleham, John Kluh
HIGHLIGHTS
• Irreplaceable location nestled between the 334 bed Lahey Hospital & Medical Center and 1.3 million SF Burlington Mall
• Institutional quality, purpose built asset in exceptional physical condition
• Strong in place cash flows and well established position as the market leader in RevPAR
NOTES
Hotel Indigo NashvilleThe Countrypolitan Nashville, TN
Opened: 2010
Meeting Space: 600 SF
Brand Availability: N/A
Management Availability: Unencumbered
Contact: Jared Kelso, Steve Michels, Steven Vazquez
HIGHLIGHTS
• Fully renovated Asset, having completed a $23.5M or $175K per key repositioning in May 2025
• Irreplaceable location in downtown Nashville, offered below replacement costs
• Benefits from a soft brand with Indigo and the IHG system, while maintaining independent identity
• Strong performance history with proven historical upside
NOTES
Courtyard Alexandria Pentagon South
(Marriott City Express / Four Points
Conversion Opportunity)
Alexandria, VA
Opened / Renovated: 1975 / 2012
Meeting Space: 2,112 SF
Brand Availability: Unencumbered
Management Availability: Unencumbered
Contact: Dan Hawkins, Steven Vazquez, Jake Pietras
HIGHLIGHTS
• Purpose built, 11 story, concrete and steel constructed hotel with structured parking offered at a highly attractive basis far below replacement cost in a perennial top 25 U.S. metropolitan market
• Long term FLA available with a best in class and industry leading global loyalty program
• Non union, limited service hotel offered unencumbered of management with significant operational efficiency upside potential (currently with special servicer/receiver)
• Dynamic location along the I 395 interchange with access to the region’s diverse demand profile and amenities
• Ideal supply story with no new competitive supply under construction or in planning
NOTES
Comfort Suites Beachfront Virginia Beach, VA
Opened / Renovated: 1984 / 2014
Meeting Space: 1,000 SF
Brand Availability: Unencumbered
Management Availability: Unencumbered
Contact: Dan Hawkins, Kyle Stevenson, Jake Pietras
HIGHLIGHTS
• Irreplaceable oceanfront location with direct beach access offered at a significant discount to replacement cost
• Fee simple, non union, and unencumbered of management
• Branding optionality with minimal required liquidated damages
• 11 story, concrete and steel constructed hotel, featuring a superior, all double suite, ocean facing product offering, structured parking, and diverse amenity base
• Institutional level RevPAR market (+$120 RevPAR for the competitive set) with aspirational competitive set upside
• Positioned in a renowned east coast leisure hub – Virginia Beach – and bolstered by a diversified demand profile and multi billion dollar construction pipeline that includes the $350 million Atlantic Park Entertainment District
• Highly accessible location along Atlantic Ave with proximity to major thoroughfare – I 264 – and Norfolk International Airport
• Minimal incoming supply
NOTES
Courtyard Bristol
Bristol, VA
Opened / Renovated: 2004 / 2020
Meeting Space: 600 SF
Brand Availability: Encumbered
Management Availability: Unencumbered
Contact: Dan Hawkins, Kyle Stevenson, Jake Pietras
HIGHLIGHTS
• Recently renovated ($2.6MM or $15k/key | 2020) limited service hotel with reinforced concrete construction and a fee simple/non union tenure offered at an attractive basis far below replacement cost
• Rapidly growing top line performance with considerable upside
• Strong in place cash flow on a significant upward growth trajectory with highly efficient and consistent operating margins
• Long term FLA potentially available with a best in class global loyalty program
• Highly accessible Bristol location along the I 81 corridor, with proximity to the Tri Cities and Appalachian Mountains
• Growing development pipeline and economic trajectory
NOTES
VIRGINIA COURTYARD PORTFOLIO
Courtyard James Madison University (JMU) / Harrisonburg Harrisonburg, VA
Opened / Renovated: 1999 / 2020
Meeting Space: 1,100 SF
Brand Availability: Encumbered
Management Availability: Unencumbered
Contact: Dan Hawkins, Kyle Stevenson, Jake Pietras
HIGHLIGHTS
• Recently renovated ($2.8MM or $23k/key | 2020) select service hotel with 111 showers offered fee simple, non union, and unencumbered of management at a highly attractive basis far below replacement cost (block and plank construction)
• Strong in place revenue generation with substantial top line/market capture upside
• Substantial realized cash flow with highly efficient in place operating margins (31.3% NOI margin)
• Best in class global loyalty program (Marriott Bonvoy) with a potential long term FLA available
• Marriott’s largest and only upscale, limited service hotel in Harrisonburg with minimal brand saturation in the region
• Highly amenitized educational hub with proximity to Downtown Harrisonburg
• Accessible location with seamless connectivity to regional leisure and corporate demand generators
• Poised to benefit from an active development pipeline and continued regional growth dynamics
NOTES
VIRGINIA COURTYARD PORTFOLIO
Q&C Hotel, Autograph Collection
New Orleans, LA
Opened / Renovated : 1996 / 2017
Meeting Space: 766 SF
Brand Availability: Encumbered (Autograph or Tribute)
Management Availability: Unencumbered
Contact: Jared Kelso, Steve Michels, Steven Vazquez
HIGHLIGHTS
• Favorable transaction below seller’s all in basis
• High quality hospitality asset in downtown New Orleans, near key demand drivers
• Ability to maintain Autograph brand or to convert to Marriott’s Tribute flag
• Significant operational upside in rooms, F&B, and meeting spaces
• Strong performance ramp with opportunity to increase ADR
• $557M convention center renovation enhancing New Orleans as a top convention destination
NOTES
Found Miami Beach Miami Beach, FL
Opened / Renovated: 1939 / 2023
Meeting Space: N/A
Brand Availability: Unencumbered
Management Availability: Unencumbered
Contact: Natalie Castillo, Paul Weimer, Jennifer Jin
HIGHLIGHTS
• Recently renovated: Owners invested nearly $12 million in renovations to enhance the Hotel’s offerings for both daily and extended stays, and to establish a prominent bar and lounge presence
• Prime location: Prime Miami Beach location just one block from the beach and within a fiveminute drive of key attractions, including the Miami Beach Convention Center, Lincoln Road, the Bass Museum, Collins Park, and the Miami Beach Botanical Garden
• Fully unencumbered: Fully unencumbered by brand or management agreements, providing investors with the flexibility to implement their own creative vision and operational strategy
• Favorable F&B lease: Bar Luca, a highly successful leased restaurant on the ground floor with stable annual rent income
NOTES
Home2 Suites / Tru by Hilton
Madison East (Dual-Brand)
Madison, WI
Keys: 151 (Home2 Suites) / 68 (Tru)
Opening: September 2025 (Expected)
Meeting Space: N/A
Brand Availability: Encumbered
Management Availability: Unencumbered
Contact: Dan Hawkins, Ryan Lindgren, Jake Pietras
HIGHLIGHTS
• Brand new, premium constructed, Home2 Suites / Tru dual brand expected to deliver in September 2025 and offered at an attractive basis below today’s replacement cost
• Fee simple, non union, and unencumbered of management
• Long term FLA available with award winning and rapidly growing brands that are bolstered by an industry leading loyalty program Hilton Honors
• Premier and highly amenitized east Madison location with diverse demand profile
• Outstanding expected financial performance to offer year 1 yield
• Favorable supply story with no new hotels under construction
• Highly accessible positioning at the confluence of I 90/94 and U.S. Route 151, with access to Dane County Regional Airport and the region’s most frequented metropolitan markets
• Primed to benefit from significant regional development activity and investment
NOTES
Holiday Inn Express & Suites
Pittsburgh North Shore
Pittsburgh, PA
Opened / Renovated: 2015 / 2023
Meeting Space: N/A
Brand Availability: Unencumbered
Management Availability: Unencumbered
Contact: Dan Hawkins, Jake Pietras
HIGHLIGHTS
• 2015 vintage, 10 story, select service hotel, built with premium reinforced concrete construction and offered at an attractive basis far below replacement cost with no required Change of Ownership PIP
• North Shore’s only IHG affiliated hotel with the ability to capitalize on minimal IHG brand saturation in Downtown Pittsburgh
• Fee simple, non union, and unencumbered of management, with significant top line and bottom line upside potential and impressive YoY growth (2024)
• Potential branding optionality
• Favorable supply story with no new competitive hotels under construction
• Highly coveted North Shore location with immediate access to PNC Park, Acrisure Stadium, Rivers Casino, and a substantial corporate, technology, and leisure footprint
• Dynamic positioning off I 279 offering seamless connectivity to downtown Pittsburgh’s renowned leisure destinations and educational/medical demand generators
• Poised to capitalize on transformational local development projects and the region’s continued economic growth trajectory (+$4 billion of projects)
NOTES
Indigo Pittsburgh East Liberty
Pittsburgh, PA
Opened: 2015
Meeting Space: 2,189 SF
Brand Availability: Encumbered
Management Availability: Unencumbered
Contact: Dan Hawkins, Kyle Stevenson, Jake Pietras
HIGHLIGHTS
• 2015 vintage, boutique hotel offered at a highly attractive basis well below replacement cost and recent comparable sales
• Fee simple, non union, and unencumbered of management
• Poised to capitalize on minimal IHG brand saturation / distribution in downtown Pittsburgh (10.3% of keys)
• Rapidly transforming urban location with proximity to a diverse demand profile
• Considerable revenue generation with significant top line growth potential
• Stable cash flow with considerable operational efficiency upside
• Ideal supply story with no new hotels under construction
• Primed to benefit from significant development projects and Pittsburgh’s economic growth trajectory
NOTES
Hotel
Residence Inn Philadelphia Great Valley / Malvern Malvern, PA
Opened: 2016
Meeting Space: 440 SF
Brand Availability: Encumbered
Management Availability: Unencumbered
Contact: Dan Hawkins, Steven Vazquez, Jake Pietras
HIGHLIGHTS
• Purpose built, 2016 vintage hotel with a superior all suite product offered at an attractive basis well below replacement cost
• Fee simple, non union, and unencumbered of management
• Exceptional in place top line performance with RevPAR growth upside
• Outstanding realized cash flow with attainable margin efficiency upside and management flexibility
• Best in class brand and loyalty program (Marriott Bonvoy) with long term FLA available
• Favorable supply story with no new hotels under construction
• Dynamic suburban office hub location with proximity to a diverse demand profile
• Highly accessible positioning along the bustling Pennsylvania Turnpike, offering seamless connectivity to regional demand drivers and downtown Philadelphia
NOTES
Asheboro, NC
Opened: 2009
Meeting Space: 400 SF
Brand Availability: Encumbered
Management Availability: Unencumbered
Contact: Kyle Stevenson, Harry Mancera
HIGHLIGHTS
• Significant market growth driven by the $13 billion Toyota Battery Manufacturing Plant
• Prime location with direct access to State Highway 64 and I 75
• Premium limited service brand supported by Marriott’s Bonvoy rewards program
• Value add opportunity with attainable growth with the completion of a change of ownership PIP
NOTES
Fairfield Inn Asheboro
Fairfield Inn San Antonio / Seaworld Westover Hills San Antonio, TX
Opened : 2009
Meeting Space: +/ 400 SF
Brand Availability: Encumbered Management Availability: Unencumbered
Contact: Kyle Stevenson, Harry Mancera
HIGHLIGHTS
• Prime Location Adjacent to Microsoft’s Expanding Data Centers
• Strategic Location Hotel Poised to Capitalize on San Antonio’s Theme Park Expansion
• Ideally Situated Near Lackland Air Force Base and Joint Base San Antonio, Benefiting from Their $55 Billion Economic Impact
• Offered Unencumbered Management and with Tangible Upside Potential Via the Completion of a change of ownership PIP
NOTES
Waycross, GA
Opened : 2024
Meeting Space: 800 SF
Brand Availability: Encumbered
Management Availability: Unencumbered
Contact: Kyle Stevenson, Natalie Castillo, Harry Mancera
HIGHLIGHTS
• Newest Premium Limited Service Hotel in over 14 years
• Waycross a major transportation and economic hub in Southeast Georgia
• Less than 10 minutes from the Okefenokee National Wildlife refuge a UNESCO Heritage site nominee
• Strong ramp up performance
• Thriving agricultural and forestry industry
• Turnkey operation below replacement cost
NOTES
Fairfield Inn Waycross
Fairfield Inn Brunswick Brunswick, GA
Opened/Renovated: 1998/2025
Meeting Space: O SF
Brand Availability: Encumbered
Management Availability: Unencumbered
Contact: Kyle Stevenson, Natalie Castillo, Harry Mancera
HIGHLIGHTS
• Fully renovated with minimal change of ownership property improvement plan (PIP) requirements
• Custom high end FF&E package in every room
• Located less than five minutes from the Federal Law Enforcement Training Center (FLETC)
• A short drive from the world renowned ‘Golden Isles’ a major driver of leisure demand
• Turnkey and stabilized operation below replacement cost
• Strategically located off exit 38 of I 95 offering unparalleled visibility and accessibility
NOTES
HIGHLIGHTS
• Centrally Located to the Metro Orlando Area
Opened / Renovated: 2004 / 2022
Meeting Space: 600 SF
Brand Availability: Encumbered
Management Availability: Unencumbered
Contact: Kyle Stevenson, Natalie Castillo, Harry Mancera
• Near Seaworld Orlando, Walt Disney World Resort®, The Central Florida Fairgrounds, and More
• Orlando Central Hospitality Submarket RevPAR is Up 1% Annually and Up 15% Since 2019
• Nearby Businesses Include Manheim Florida Auto Auction, Health Central Hospital, National Training Center (NTC) and Duke Energy
NOTES
Fairfield Inn & Suites Orlando Ocoe Ocoee, FL
HIGHLIGHTS
• Proximity to world class attractions and the epicenter of Orlando’s tourism industry
Opened / Renovated: 1998 / 2018
Meeting Space: 400 SF
Brand Availability: Encumbered
Management Availability: Unencumbered
Contact: Kyle Stevenson, Harry Mancera
• Near the Orange County Convention Center, the 2nd largest convention center in the U.S.
• Leading the competitive set in RevPAR growth and penetration gains
• Walking distance to Disney Springs and premier entertainment venues
NOTES
Fairfield Inn & Suites Lake Buena Vista Lake Buena Vista, FL
HIGHLIGHTS
• Recent vintage, institutional quality hotel with concrete block construction requiring limited upront CapEx
Opened: 2016
Meeting Space: N/A
Brand Availability: Encumbered
Management Availability: Unencumbered
Contact: Kyle Sahlsten
• Profitable asset generating substantial in place yield and efficient operating margins
• Highly accessible to dominant Lake Buena Vista and International Drive submarket
• Universal’s new multibillion dollar theme park, Epic Universe, is opening May 2025 and expected to bring robust demand to the International Drive submarket
• International ridership at Orlando International Airport rose by 11.3% year over year to 7.8 million passengers, surpassing pre COVID levels for the first time
NOTES
Home2 Suites by Hilton Orlando / International Drive South Orlando, FL
Fairfield Inn Orlando Airport Orlando, FL
Opened/Renovated: 1998/2016
Meeting Space: 888 SF
Brand Availability: Encumbered
Management Availability: Unencumbered
Contact: Kyle Stevenson, Harry Mancera
HIGHLIGHTS
• Prime location just minutes from Orlando international Airport, a gateway for 57.7 Million annual passengers
• Top performer in a competitive market with strong revenue metrics
• Located in the Leevista Center, a thriving mixed use corporate business hub
• Strategic location capitalizing on the newly opened Orlando Brightline Station
NOTES
Holiday Inn Express & Suites
Fort Myers East The Forum
Fort Myers, FL
Opened / Renovated: 2009 / 2019
Meeting Space: 600 SF
Brand Availability: Encumbered
Management Availability: Unencumbered
Contact: Kyle Stevenson, Natalie Castillo, Larissa Isenberg
HIGHLIGHTS
• Easy Access to I 75, Southwest Florida Regional Airport (RSW), Manatee Park, The Sanibel and Captiva Islands, and Ft Myers Beach
• Located at The Forum, a Shopping and Entertainment Destination
• Near Ft Myers’ Business District, Lee Civic Center, Harborside Event Center, Florida Gulf Coast University, Chico’s World Headquarters, and Gulf Coast Medical Center
• Among the Fastest Growing Cities in the U.S., Population Increased by 15% Since 2020
• The Boston Red Sox and Minnesota Twins Conduct Spring Training in Lee County, Generating Nearly $70 Million in Visitor Spending Each Season
NOTES
Holiday Inn Express & Suites
Sarasota East I-75
Sarasota, FL
Opened / Renovated: 2003 / 2019
Meeting Space: 736 SF
Brand Availability: Encumbered
Management Availability: Unencumbered
Contact: Kyle Stevenson, Natalie Castillo, Larissa Isenberg
HIGHLIGHTS
• Within a mile from I 75
• A quick drive from Siesta Key, ranked No. 1 Beach in the U.S. by Tripadvisor 2025
• Sarasota Brandenton International Airport opened a new terminal in January 2025
• Developing manufacturing corridor along I 75; distribution companies benefit from proximity to Seaport Manatee
• Sarasota hospitality market RevPAR Increased 6% Y O Y and 56% Since 2019
NOTES
Staybridge Suites Tampa East Brandon
Tampa, FL
Opened / Renovated: 2007 / 2019
Meeting Space: 1,650 SF
Brand Availability: Encumbered
Management Availability: Unencumbered
Contact: Kyle Stevenson, Natalie Castillo, Kyle Sahlsten
HIGHLIGHTS
• Near University of South Florida, One of the Fastest Growing Public Universities in the U.S. and Home to One of the Largest Medical Research Districts in the Southeast
• Only 3 Miles from Seminole Hard Rock Hotel & Casino Tampa
• Near Businesses Including Ford Credit, Amazon, USAA, Citigroup, Progressive, and JP Morgan
• Tampa East Hospitality Submarket RevPAR increased 14% Annually and 54% Since 2019
NOTES
Courtyard Tampa North I-75 Fletcher Tampa, FL
Opened / Renovated: 1995 / 2022
Meeting Space: 326 SF
Brand Availability: Encumbered
Management Availability: Unencumbered
Contact: Kyle Stevenson, Natalie Castillo, Kyle Sahlsten
HIGHLIGHTS
• Near Busch Gardens: a 335 Acre Amusement Park and Adventure Island: a 30 Acre Water Park
• University of South Florida Broke Ground on an On Campus Football Stadium, 2.6 Miles From the Courtyard
• Offices at Hidden River and Telecom Park are a Few Minutes Away
• Tampa North/Busch Gardens Hospitality Submarket RevPAR Increased 21% Annually and 45% Since 2019
NOTES
Quality Inn Florida City
Florida City, FL
Opened: 1990
Meeting Space: N/A
Brand Availability: Flexible, terminable brand agreements
Management Availability: Unencumbered
Contact: Natalie Castillo
HIGHLIGHTS
• Flexible, terminable brand agreements provide optionality for new ownership to implement their vision by upbranding or going independent
• Strong in place cash flow enhances financing opportunities. Additionally, the properties are in excellent condition, allowing for a plug and play operation from a new owner
• Operational synergies between the properties allow for improved NOI margins
• Significant redevelopment potential with opportunities to pursue alternative uses or expand on the large land parcels
NOTES
Travelodge by Wyndham Florida City
HIGHLIGHTS
Homestead Everglades
Florida City, FL
Opened: 1997
Meeting Space: N/A
Brand Availability: Flexible, terminable brand agreements
Management Availability: Unencumbered
Contact: Natalie Castillo
• Flexible, terminable brand agreements provide optionality for new ownership to implement their vision by upbranding or going independent
• Strong in place cash flow enhances financing opportunities. Additionally, the properties are in excellent condition, allowing for a plug and play operation from a new owner.
• Operational synergies between the properties allow for improved NOI margins.
• Significant redevelopment potential with opportunities to pursue alternative uses or expand on the large land parcels.
NOTES
Fairfield Inn & Suites
Melbourne West - Palm Bay
Melbourne, FL
Opened: 2008
Meeting Space: 384
Brand Availability: Encumbered through 2038
Management Availability: Unencumbered
Contact: Natalie Castillo, Kyle Sahlsten
HIGHLIGHTS
• Significant capital invested into back of house and building systems with additional upside via PIP renovation
• Highly accessible location at the intersection of I 95 and Space Coast Parkway with proximity to Melbourne Orlando International Airport and future Brightline stations
• Florida’s Space Coast hosts one of the strongest STEM economies in the country with Kennedy Space Center, Patrick Space Force Base, and America’s most prominent aerospace and defense companies
• Tangible demographic tailwinds with significant population growth and high wage tech employment
• Stable leisure demand driven by the busiest cruise port in the world, Cape Canaveral, and miles of beautiful coastline
NOTES
Spark by Hilton Conversion Opportunity
Mount Prospect, IL
Opened / Renovated: 1971 / 2011
Meeting Space: Yes
Brand Availability: Unencumbered
Management Availability: Unencumbered
Contact: Kyle Stevenson, Larissa Isenberg
HIGHLIGHTS
• 4.5 miles from the proposed Chicago Bears stadium
• Lender owned value add opportunity
• Booming greater Chicago market
• Within 9 miles of Chicago O’Hare International Airport
• Potential restaurant lease income
NOTES
HOTELS & HOSPITALITY
Andy Wimsatt
Senior Managing Director
301.202.3571
andy.wimsatt@berkadia.com
Investment Sales
Christian Charre
Senior Managing Director
305.205.6722
christian.charre@berkadia.com
Paul Weimer
Senior Managing Director
917.459.5480
paul.weimer@berkadia.com
Dan Hawkins
Managing Director
240.204.5139
dan.hawkins@berkadia.com
Denny Meikleham
Managing Director
617.648.4186
denny.meikleham@berkadia.com
Aaron Lapping
Senior Director
858.257.4725
aaron.lapping@berkadia.com
Jennifer Jin
Vice President Production
305.266.5921
jennifer.jin@berkadia.com
John Kluh
Associate Director
410.562.7139
john.kluh@berkadia.com
Kyle Sahlsten
Associate Director
813.574.1398
kyle.sahlsten@berkadia.com
LaQuint Lockhart
Senior Director of Operations
301.202.3561
laquint.lockhart@berkadia.com
Jared Kelso
Senior Managing Director
617.378.1174
jared.kelso@berkadia.com
Natalie Castillo
Managing Director
561.632.8517
natalie.castillo@berkadia.com
Fernando Garcia-Chacon
Managing Director
786.554.6789
fernando.garcia chacon@berkadia.com
Kyle Stevenson
Managing Director
786.646.2591
kyle.stevenson@berkadia.com
Steven Vazquez
Senior Director
646.432.7494
steven.vazquez@berkadia.com
Lauren Greenberg Director
646.432.7495
lauren.greenberg@berkadia.com
Harry Mancera
Associate Director
404.452.1110
harry.mancera@berkadia.com
Steve Michels
Senior Managing Director
607.592.4020
steve.michels@berkadia.com
Scott Hall Managing Director
858.257.4724
scott.hall@berkadia.com
Ryan Lindgren Managing Director
312.845.1884
ryan.lindgren@berkadia.com
Dave Weymer
Managing Director
240.204.5130
dave.weymer @berkadia.com
Christian Overton
Senior Director
301.202.3570
christian.overton@berkadia.com
Larissa Isenberg
Associate Director
602.997.2793
larissa.isenberg@berkadia.com
Jake Pietras
Associate Director
410.940.9494
jake.pietras@berkadia.com
Mortgage Banking
Jared Kelso
Senior Managing Director
617.378.1174
jared.kelso@berkadia.com
Scott Hall
Managing Director
858.257.4724
scott.hall@berkadia.com
Lindsey deButts
Senior Director
240.204.5131
lindsey.debutts@berkadia.com
Connor Wimsatt
Associate Director
240.204.5138
connor.wimsatt@berkadia.com
Steve Michels
Senior Managing Director
607.592.4020
steve.michels@berkadia.com
Matt Raptosh
Managing Director
215.328.1318
matt.raptosh@berkadia.com
Katelyn Reynolds
Associate Director
213.399.3390
katelyn.reynolds@berkadia.com
Jennifer Dakin
Managing Director
202.669.6119
jennifer.dakin@berkadia.com
Mauricio Rodriguez
Managing Director
240.204.5133
mauricio.rodriguez@berkadia.com
Ethan Wagner
Associate Director
814.574.7376
ethan.wagner @berkadia.com
OFFICES
Berkadia Office
Hotels & Hospitality Office
Berkadia Office
Hotels & Hospitality Office
Hotels & Hospitality Offices
Boston 125 High Street Suite 1712
Boston, MA 02110
New York
521 Fifth Avenue 16th Floor
New York, NY 10175
Chicago 125 S. Wacker Drive Suite 400 Chicago, IL 60606
Orlando 300 South Orange Avenue Suite 1325 Orlando, FL 32801
DC Metro 4445 Willard Avenue Suite 1200 Chevy Chase, MD 20815
San Diego 4275 Executive Square Suite 900 La Jolla, CA 92037
Miami 1111 Brickell Avenue Suite 1650 Miami, FL 33131
Berkadia is proud to collaborate with global property consultancy Knight Frank to offer our clients unparalleled access to the world’s most active investors, spanning all key capital hubs to enable deeper relationships with diverse sources. As we continue to expand our capabilities as fullservice, tech-enabled advisors dedicated to better serving the needs of our clients, this strategic alliance deeply broadens our reach, market exposure and relationships around the globe, allowing our clients to achieve their real estate goals and objectives.
Knight Frank’s 127 year legacy as the largest privately-owned capital markets platform fully complements Berkadia’s industry leading Investment Sales, Mortgage Banking and Servicing capabilities, allowing us to deliver clients greater value and more investment opportunities.
Together, Knight Frank and Berkadia offer a combined global network comprising more than 24,500 people across 560 offices in 53 territories, spanning all key capital hubs.
Our alliance offers clients greater access to the world’s broader institutional, private, sovereign wealth and ultra high net worth investor network.
Berkadia’s culture, principles and shared mission align with Knight Frank’s. From our peoplefirst, client-centric and community-focused mindset, to our integrity and shared commitment to excellence, our collective goal is to enhance people’s lives and environments.
* Berkadia and Knight Frank combined statistics as of year-end 2022
United Kingdom 4 Territories
England | Scotland
Wales | Jersey
Europe 17 Territories
Austria | Belgium | Bulgaria
Czech Republic | France
Germany | Greece | Hungary
Ireland | Italy | The Netherlands
Poland | Portugal | Romania
Serbia | Spain | Switzerland
Asia Pacific 16 Territories
Australia | Cambodia | China
Fiji | Hong Kong | India
Indonesia | Japan | Malaysia
New Zealand | Philippines
Singapore | South Korea
Taiwan | Thailand | Vietnam
Africa 9 Territories
Botswana | Kenya | Malawi
Nigeria | South Africa
Tanzania | Uganda
Zambia | Zimbabwe
The Middle East 4 Territories
Bahrain | Qatar
Saudi Arabia | UAE
SYDNEY
