The problem
Luxury ground-up construction is as capital-intensive as US hospitality gets, and the mezzanine layer is where those deals usually stall.
What I did
I financed the $150M mezzanine loan, raised from global high-net-worth investors across three continents. I ran a small team across legal, accounting, and financial modeling, and owned the fundraising and investor relations myself. The hotel has become one of the most successful luxury hotels in the country.
The details
| Project size | $400M |
|---|---|
| Financing | $150M mezzanine loan |
| Keys | 170 |
| Brand | Hilton / Waldorf Astoria |
| My role | Capital formation, fundraising, and investor relations |
| Team | Legal, accounting, financial modeling |
More projects
Hotels · ConversionHyatt House & Hyatt Place LAXA 258,000 SF office building becomes a 401-key dual-brand hotel.Lodging · Company BuildingStay Open Hotels & ManagementCommercial to co-lodging. There was no playbook, so I wrote it.Own & Operate · Santa FePaseo RetreatNobody wanted it. The scope that scared everyone off is what made it cheap.