Acquisitions & Development
With over 30 years of commercial real estate acquisition and development experience, we know what it takes to be successful in a changing market. We actively search for hotel projects which fit our defined investment and development criteria with a strong focus on investment returns, operational alignment and efficiencies, and cultural fit.
Coury Hospitality leverages our existing relationships in the market to find acquisition opportunities that fit within our specific criteria. These relationships often result in off-market deals, presenting opportunities for greater upside and returns for our investors. Our focus on value-add and opportunistic opportunities has resulted in above-market performance and capitalizes on our operating company efficiencies.
Throughout our history, Coury has continually maintained a robust pipeline of developments. These range from adaptive reuse, ground-up construction, and mixed-use developments. We work to leverage our existing relationship with capital partners, lenders, general contractors, architects, designers, and brands to deliver exciting projects. Additionally, we have extensive experience in market analysis and forecasting which have allowed our pioneering or “first to market” projects to fill existing whitespace and deliver incredible performance.
- Project financing & capital markets
- Building and land acquisitions
- Repositioning of existing assets
- Brand or use conversion opportunities
- Capital stack development
- Project analysis and underwriting
- Deal sourcing
- Market research and forecasting
- Experience with “first to market” developments
- Stand-alone and Mixed-Use Development experience
Connecting employees with guests, and clients with municipalities. Working with restaurant and hotels for over thirty years has shown us what investors look for and how to deliver it. We think like owners because we are owners.