Hotel Conversions 101
Have you seen a run-down hotel and thought, "That would make a great apartment building for my community." That's exactly what we do! We turn assets that are not longer valuable into a high-demand asset; Affordable Housing! It's a win for the community, for us as the developer and for the prospective tenants who will now have a place to call home and still be able to eat.
We created this checklist to analyze if a property actually could be converted or not. This is where we start with every potential deal and it gives us a quick snap shot on whether to move forward or move on.