As the nation’s most active buyer specializing in the acquisition and conversion of hospitality properties into multifamily housing, I am actively seeking single assets or portfolios suitable for multifamily conversion across the country that meet the following criteria:
- 80+ keys
- Minimum room size of 300 SF
- Flag to be removed. Liquidated damages can be addressed as part of the transaction structure.
- Population of 100,000+ within a 10-mile radius.
- Multifamily zoning is preferred, or can be rezoned. I will look into it
- Open to interior and exterior corridor properties.
- Strong employment drivers nearby, including manufacturing and distribution centers, hospitals, military bases, universities, government facilities, and major corporate offices.