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.
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.
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.