FORT LAUDERDALE, Fla., March 31, 2021 /PRNewswire/ — DoveHill Capital Management, LLC, a vertically built-in hospitality funding agency and improvement group, immediately introduced its latest most popular fairness funding in six new resort properties spanning the East Coast with a price totaling greater than $28 million. With the addition of three accommodations in Pennsylvania, one in New York Metropolis, one in North Carolina, and one in Maryland, DoveHill’s rising portfolio now encompasses fourteen complete properties in North America, together with a focus on the East Coast. With a portfolio of city, way of life, premium model, and full-service belongings with distinct development potential, DoveHill’s most popular fairness investments assist reposition such belongings into worthwhile and well-capitalized accommodations that can outperform the competitors.
“Whereas the COVID-19 well being pandemic has challenged the hospitality business considerably, we’ve remained optimistic for the resurgence of journey and equally steadfast in our efforts to spend money on high-quality hospitality belongings that can outpace opponents,” mentioned Jake Wurzak, Founder and CEO of DoveHill Capital Administration. “As some of the lively hospitality funding corporations this previous yr, we imagine that the present pains within the business are creating phenomenal entry factors for investments—for individuals who have the conviction to speculate at the moment as DoveHill has. Our agency possesses years of expertise in contrarian investing on the early factors of latest actual property cycles, and we persistently have the arrogance and imaginative and prescient to determine compelling funding alternatives during times of heightened volatility and uncertainty.”
Headquartered in Fort Lauderdale, Florida, DoveHill Capital Administration’s core competency is creating extremely differentiated, domestically curated properties set in high-growth and high-culture environments with numerous demand mills and distinct boundaries to entry. Together with the six new accommodations added to its portfolio, DoveHill continues to hunt out investments in full-service way of life properties specializing in value-add and different methods to boost properties and create differentiated benefits. As a part of its strategic imaginative and prescient, after investing at engaging entry factors, DoveHill works to reposition and rework the true property asset to boost the worth for its companions and buyers.
For extra info on DoveHill Capital Administration, go to www.dovehillcos.com.
SOURCE DoveHill Capital Administration, LLC