Our edge comes from underwriting what we can see and operate, not from leverage or market beta. We acquire below replacement cost, stabilize through a standardized operating playbook, and exit at CMBS-grade refinance value.
Buy Hilton, Marriott, and other branded flag limited-service hotels at 60–75% of stabilized value through distressed, lender-driven, or under-managed situations.
Install HotelKey PEP cloud PMS and Virdee self-service kiosks via Allencrest Technology. Complete brand PIP within 18 months.
Reduce front-desk labor by 40–60%. Rebuild revenue-management, brand compliance, and margin through Allencrest Hospitality Operations.
Refinance into CMBS or conventional hotel debt at 1.25–1.35x DSCR. Return LP capital; hold or dispose per portfolio plan.
Run the distribution waterfall — capital first, preferred return next, GP catch-up, then 70/30 residual split.
Apply learnings from each asset to tighten the platform — SOPs, labor model, tech configuration, capital partners.
We operate where demand drivers are visible, where our sourcing network is deepest, and where the deskless labor model matters most.
| MSA | Demand Drivers | Preferred Flags |
|---|---|---|
| Atlanta, GA | Fortune 500 HQ cluster, Hartsfield-Jackson, film production, SEC sports, logistics | Hilton, Marriott, and other brands |
| Charleston, WV | State government, healthcare anchors, energy corridor, interstate corporate travel | Hilton, Marriott, and other brands |
| Kansas City, MO/KS | Logistics and AG hub, sports & events, corporate relocations, healthcare | Hilton, Marriott, and other brands |
| Phoenix, AZ | Population growth, semiconductor manufacturing, snowbird leisure, corporate relocation | Hilton, Marriott, and other brands |
Our sourcing flywheel is driven by brand relationships, hospitality brokerage networks, special-servicer contacts, and distressed-asset advisors. For every asset that reaches LOI, we screen roughly 40 candidates and underwrite between 8 and 10 in detail. That funnel is how we keep entry basis disciplined.
Initial desktop screen against buy-box criteria and MSA filter.
Full underwriting model, brand PIP preview, operating pro forma.
Letter of intent, preliminary debt terms, site visit.
PSA execution, brand approval, debt placement, close.
Funnel figures are illustrative of pipeline discipline and do not represent closed transactions.
Accredited investors can request a walkthrough of the Fund I pipeline and underwriting package.
Important. This page is published for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security. Any offer will be made only through the Fund’s Private Placement Memorandum, Limited Partnership Agreement, and Subscription Documents, and only to verified accredited investors. Illustrative pipeline and market data are not guarantees of future transactions or results.