Successful Sales

  • 11 Transactions in 24 Months
  • Cap Rate Range 6.75% - 8.75%
  • Realized Investment Range 85% - 240%
General Advisory

TRE provides broad-based advisory services for owners of both new and existing hotels and resorts, focusing frequently on larger, more complex lodging projects.

GENERAL

  • Advisors to $2B private equity investor, 29 hotels
  • Al-Messaleh Real Estate (Kuwaiti public company) – creation of a lodging investment and development plan which included a major Middle Eastern market study and the acquisition of Cairo-based hotel property management company
  • CassinWinn – marketing of equity interest in Five Star Deluxe urban hotel
  • Hawk Resort International, LP – analyze, develop implement upscale resort “exit” plan
  • International Hotel Ventures, LLC – Middle Eastern investor; analyze, develop plan to build Middle Eastern Hotel company
  • Principal Real Estate Investors – luxury Australian hotel portfolio advisor on “exit” plan
  • Vornado Realty Trust – Hotel Pennsylvania, $100M equity fund raising, securing JV partner

HOTEL REDEVELOPMENT

  • JER Partners – The Stanford Court – A Renaissance Hotel San Francisco, CA – redevelopment of a full service hotel, a historic icon of San Francisco hotels
  • Justice Investors – Holiday Inn San Francisco Financial District – creation of repositioning, redevelopment to new Hilton Hotel – Financial District
  • Vornado Realty Trust – New York’s Hotel Pennsylvania – creation, execution of upscale hotel redevelopment plan

ASSET REPOSITIONING

  • Ashford Hospitality Trust REIT – multiple full service, upper upscale competitive market repositioning assignment across six (6) properties – Sea Turtle Inn, Jacksonville, FL; Miami Hilton, Miami, FL; Capital Hilton, Washington, D.C.; Westin O’Hare, Rosemont, IL; Hyatt Dulles, Herndon, VA; Hilton Rye Town, Rye, NY
  • General Growth Properties/Morgan Stanley Real Estate Joint Venture – Woodlands Resort and Conference Center

NEW HOTEL DEVELOPMENT

  • CIT Financial – development of a new build destination Marriott condo resort hotel, located in Muskoka, Canada
  • Fidelity Investments/Pembroke Real Estate – creation of plan to convert Washington, D.C. historic building into a world class hotel
  • General Growth Properties/Morgan Stanley Real Estate Joint Venture – Summerlin, NV, upper scale hotel development – advised owners on design specifications, recruited brand and hotel property management companies
  • Grasso Holdings – New luxury Intercontinental hotel development Third Party Feasibility Study, Philadelphia, PA
  • Principal Real Estate Investors - Development of a destination JW Marriott Resort Hotel in San Antonio, TX
  • Twining Properties – Cambridge, MA upper upscale hotel development – recruited brand and hotel property management company
  • Vornado Realty Trust/Charles E. Smith – Rosslyn, VA upper upscale hotel development - recruiting brand and hotel property management co.
  • Springfield, VA new-build hotel development – recruiting brand, hotel property management, negotiating terms
  • New York City, NY development of world class convention hotel