Each potential new hotel project is unique and requires specific attention. The process of analyzing demographics, evaluating brand selection, projecting costs, lining up equity partners, and securing financing is a process that needs to be actively pursued and managed in order to become a reality.
We have cultivated in-depth relationships throughout the Midwest and Central Regions of the country to facilitate the Development Process.
We believe the strength of the Planning Process is enhanced by the extensive levels of expertise we have fostered with architects, engineers, designers, and FFE consultants.
Our Development Services Include:
Site & Brand Selection
Analyzing Sources & Uses, Operational Assumptions, Income Statement, Mortgage
Amortization, Valuation, and Return on Equity
Securing Ownership and Equity commitments
Arranging Financial Sources
Compliance with local Planning & Building authorities
Initiating Architectural & Civil services and plans required for the Development Phase
Assisting the Legal Review process
Finalizing Ownership, Brand, and Financial Agreements