A collective 50 years of working only in the lodging and hospitality space with world renowned brands and management companies, managing assets collectively valued at over $1.5 billion.
Trained under the most robust luxury hotel management programs of its time; tutelage under an esteemed private luxury lodging investment firm, one of the pioneers of hotel asset management and investment.
Managed a portfolio, in many instances from acquisition to disposition, that drove gross leveraged investment returns over 20% to investors.
INTERNAL RATE OF RETURN
We buy right. Focus on basis, in relation to replacement cost, comparable sales, and capital structure. Focus on location, in relation to demand drivers, supply dynamics, and market/regional competition.
Use extensive experience and relationships to build an “A” team for renovations/ redevelopment. Approach with conservative underwriting to absorb unexpected conditions.
We manage projects and people effectively by using hands-on, collaborative, and empathetic traits developed over many years of working in all aspects of property management and asset management.
Brand should complement market demand/ supply dynamics and exit strategy. A property’s success depends largely on its staff and management acumen to drive profitability and exceptional guest loyalty.
Keep Management focused on key profitability strategies – revenue management, staffing/ scheduling, expense management. Focus on smart capital expenditure plan and asset preservation.
Implement successful refinancing and disposition strategies by utilizing our industry relationships and staying abreast of market dynamics.
I have witnessed the maturation and growth of Lennox Capital principals over the course of their careers, and am delighted to assist them as they begin what I'm sure will be a successful new lodging platform.
Having worked with the principals of Lennox Capital over many years, they have the rare ability to effectively manage the minute details while keeping sight of the big picture on complicated lodging projects.
I have been impressed with the principals’ breadth of asset management skills in overseeing my family’s property investment.