Case Studies

Photo of the Majestic Inn

Majestic Inn and Spa

  • Acquired Oct 2010 a hotel with negative NOI.
  • Turned around operation in 6 mos, turned profit in YR1.
  • Embarked on $4M reno and expansion in Oct 2012.
  • Secured Debt with local lender upon completion.
  • Opened with great reviews and now beating Budget.
  • Largest real estate investment in Anacortes over a decade.

Rendering of Holiday Inn Express

Holiday Inn Express Indio

  • Project started in 2006, got financing secured in Jan 2013 and broke ground in April 2013.
  • $9.0M project completed construction on March 20, 2014.
  • 1st new hotel project in the City of Indio in over 20 years.
  • Quickly gained market share and customer loyalty, climbing to Tripadvisor ranking #3 within Indio in 3 months after opening.

The Coho Lodge photo

Coho Oceanfront Lodge

  • Completed expansion and renovation in March 2009.
  • Blitzed a marketing campaign upon completion of renovation and expansion.
  • Project completed on time and on budget.
  • RevPAR in 2013 is almost double that of ‘08 (prior to reno).
  • Today, recognized as one of the best on the Oregon Coast.

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