Building your vision from the ground up
– DEVELOPMENT –
Successful hotels are not built with a one-size-fits-all approach.
We pay attention to the details, analyzing demographics, evaluating brand selection, projecting costs, lining up equity partners, and securing financing needs. We’ve cultivated meaningful relationships with architects, engineers, designers, and FFE consultants throughout the Midwest and Central Regions of the country to facilitate the development process efficiently and effectively.
Our services for development include:
- Site and brand selection
- Analyzing sources and uses, operational assumptions, income statement, mortgage amortization, valuation, and return on equity
- Securing ownership and equity commitments
- Arranging financial sources
- Compliance with local planning and building authorities
- Initiating architectural and civil services, as well as plans required for the development phase
- Assisting the legal review process
- Finalizing ownership, brand, and financial agreements