As general partner of Allencrest Hospitality Fund I LP, we put accredited capital to work in Hilton, Marriott, and other branded flag limited-service hotels with disciplined entry basis and a deskless operating model.
Allencrest Group LLC, a Georgia limited liability company, is the general partner of Allencrest Hospitality Fund I LP and Allencrest Waco LP. The firm is purpose-built: a single sector focus, a single brand family, and a single repeatable operating playbook.
Sponsor alignment is structural. The GP co-invests in the Fund, earns its management fee in cash and a deferred carried interest, and does not generate revenue from transactions or vendor referrals.
Firm profile →Rather than outsource operations to a third-party hotel manager, we built an integrated platform that lets LP capital capture value that would otherwise leak to outside vendors.
Delaware LP structure, independent fund administrator, audited financials, K-1 tax reporting, and a 506(c) verification workflow for every subscriber.
Fund I →Allencrest Hospitality Operations deploys the deskless operating model across every portfolio property, driving 40–60% front-desk labor savings.
Operations →Allencrest Technology owns the PMS configuration, kiosk deployment, and integration playbook that powers every hotel in the portfolio.
Technology →A closed-end private real estate fund acquiring Hilton, Marriott, and other branded flag limited-service hotels across the Southeast and Mountain West. Fund I features annual investment periods (ending December 31) with a target 3–5 hotel portfolio and a 3–5 year target hold.
| Term | Structure |
|---|---|
| Vehicle | Delaware Limited Partnership |
| General Partner | Allencrest Group LLC, a Georgia LLC |
| Offering | Regulation D Rule 506(c) — accredited investors only, verified |
| Target raise | $25,000,000 |
| Minimum commitment | $50,000 (GP may accept less at its discretion) |
| Preferred return | 9% non-compounding, to LPs |
| GP carry interest | 30% residual split (70% LP / 30% GP) with 50/50 catch-up mechanics |
| Term | Five years with two one-year extensions at GP discretion |
Summary only. All terms are qualified in their entirety by the Private Placement Memorandum and Limited Partnership Agreement.
Distributions flow entirely to LPs until contributed capital is returned in full.
LPs continue to receive 100% of distributions until the 9% non-compounding preferred return is paid.
Sponsor catches up to 50% of cumulative preferred return already paid to LPs.
All remaining distributable cash is split 70/30 for the balance of the fund term.
Accredited investors can commit to Fund I, a blind-pool vehicle investing across multiple markets, or to the Waco Fund, a dedicated single-asset opportunity in the Waco metropolitan area. Both are structured under Reg D 506(c) with institutional governance and the same 9% preferred return.
3–5 hotel portfolio across multiple MSAs (Atlanta, Charleston WV, Kansas City, Phoenix). Diversified across markets and deal flow. Capital deployed over 24-month period. Specific properties mentioned are for illustration only.
Learn more →Dedicated acquisition in Waco, Texas. Single property focus with 5-year hold to refinance. Lower execution risk through asset focus, higher concentration risk. Subject to successful acquisition.
Learn more →Allencrest speaks directly with every investor. No gatekeepers, no placement agents — the managing principal signs every subscription.
Important — Fund I (Blind Pool). Any mention of specific hotel properties, brands, or locations in Fund I materials is for illustration purposes only. There is no guarantee that Fund I will acqu