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First Company to Target Hotels with Crowdfunding Launches

Sep 26, 2014

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First Company to Target Hotels with Crowdfunding Launches First Company to Target Hotels with Crowdfunding Launches
[caption id="attachment_1567" align="aligncenter" width="464"]Hotel Innvestor Hotel Innvestor[/caption]

Hotel Innvestor Capitalizes On Recent Legal Changes

Newport Beach, Calif. – Marking the first anniversary of SEC regulations that altered the face of crowdfunding for real estate, Hotel Innvestor is entering this emerging market by applying this approach to a first-of-its-kind business model for hotel investment – selling private securities in hotels to accredited investors via crowdfunding.

[caption id="attachment_1568" align="aligncenter" width="207"]Tim L. Edgar Tim L. Edgar[/caption]

Founder and President Tim L. Edgar has created not only the first nationwide, web-based, hotel-investment-banking portal, but also what we believe is the first company to identify the strength of specializing in any specific commercial real estate product type – in this case, hotels.

"The advantage of this new platform is that by matching these quality projects with investors, we provide an affordable source of alternative capital for hotel operators and their projects," Mr. Edgar said. "In turn, we provide an opportunity to a wider range of passive investors to invest in these pre-vetted offerings."

Also unique to the market, Hotel Innvestor is underwriting new construction on a case-by-case basis, drawing from the company's healthy pipeline of potential offerings, including equity and debt placements, and several new-construction, first-trust deeds.

Hotel Innvestor's primary focus is select-service, extended-stay and premium limited-service franchised hotels in the top 25 MSA. The company will look to raise equity capital for hotels with a minimum $75 Revenue Per Available Room(RevPar) and focus on raising capital for debt for properties with a minimum $50 RevPar.

"We'll utilize existing hotel-industry relationships, market- and brand-specific knowledge, and methodically sound underwriting, using the company's proprietary model to provide accredited investors the opportunity to invest with some of the brightest minds in quality hotel projects nationwide," Mr. Edgar said.

 

About Hotel Innvestor, LLC

Hotel Innvestor is a hotel investment banking platform that utilizes an equity crowdfunding model to raise debt and equity capital for quality hotel projects nationwide.

Our Founder and President, Tim L. Edgar, has been active in the hotel industry since 1991 in hotel operations, brokerage and ownership. During his 19+ year career in hotel brokerage, Tim sold over $1 billion in hotel properties and underwrote several billion dollars' worth of additional projects. He has partnered with Chris Tychsen CRPC® - EVP Investments & Business Strategy. Chris brings 20+ years of extensive business experience working with start-up & venture capital firms in the environmental, technology, and financial-related industries.

Contact: Tim L. Edgar

tim@hotelinnvestor.com / 714-485-4825

 
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