Excel Group

Case Studies Old

Florida Portfolio

Tampa & Orlando, FL
4 Hotels | 469 Rooms


28.3% 

Levered IRR

1.74X

Equity Multiple

18.9%

RevPAR Growth

63.1%

NOI Growth


Limited Buyer Pool

Deal could not be executed by institutional buyer due to deal complexity and unsophisticated ownership. 

Astute Market Selection

Selected Tampa as target market recognizing market's growth potential before institutional investors. 

Strategic Renovation

Executed strategic renovations to maximize operating performance and reaffirm market leader positioning. 

DEAL BACKGROUND


Investment Date
Hold Period

Hotel Brands
Deal Status

Sourcing
Seller Type
Exit Buyer Type

March 2015
2.4 Years
Hilton Garden Inn (2), Hampton Inn (1), Hyatt Place (1)
Realized
Off-Market
Owner-Operator (3)
REIT/Institutional Buyer



Tampa + Orlando Portfolio

Tampa & Orlando, FL
4 Hotels | 469 Rooms

 

Value-Add Portfolio Assemblage

Aggregated institutional-grade Hotel Portfolio through three complex off-market transactions, selling to Leading Institutional buyer at significant premium to basis


28.3% 

Levered IRR

1.74X 

Equity Multiple

18.9% 

RevPAR Growth

63.1%

NOI Growth


Limited Buyer Pool

Deal could not be executed by institutional buyer due to deal complexity and unsophisticated ownership. 

Astute Market Selection

Selected Tampa as target market recognizing market's growth potential before institutional investors. 

Strategic Renovation

Executed strategic renovations to maximize operating performance and reaffirm market leader positioning. 

DEAL BACKGROUND


Investment Date
Hold Period

Hotel Brands
Deal Status

Sourcing
Seller Type
Exit Buyer Type

March 2015
2.4 Years
Hilton Garden Inn (2), Hampton Inn (1), Hyatt Place (1)
Realized
Off-Market
Owner-Operator (3)
REIT/Institutional Buyer