FORT LAUDERDALE, Florida.Feb. 28, 2022 /PRNewswire/ — DoveHill Capital Management LLC(“Dove Dove”) a vertically integrated hotel investment company and development organization, today announces its new Rewards programan innovative approach to sourcing new acquisitions.
DoveHill aggressively seeks opportunities to acquire off-market and lightly-traded hotel assets and land for hotel development in high-barrier-to-entry markets around the world. United States.
Jake Wurzak, Founder and CEO, explains, “Our company is taking an exciting new approach to finding more assets that match our investment criteria. To achieve this goal, we want to develop a network of high performing deal locators. all brokers and acquisition consultants as friends of DoveHill and we are offering them a great incentive package, as featured in our new Deal Reward program.” Charles Paloux, EVP Investments, adds: “This new program will allow us to increase our ability to reach and evaluate more transactions to deliver outsized returns to our investors.”
The Deal Reward program is unique because it aligns incentives from multiple parties, making it a win-win for everyone involved. The program offers DoveHill partners a fee of up to 50 basis points in addition to the commission paid by the seller. This means that if a consultant lands a $50 million contract, they can earn a $250,000 costs. The program also offers consultants the opportunity to contribute capital and co-invest in the transactions they propose.
What are the criteria for such introductions to DoveHill? The company considers hospitality investments in high-growth, high-barrier-to-entry markets with a focus on adding value, repositioning, or developing based on lifestyle opportunities, full-service and boutique hotels. These offers can be Florida, Texas, Tennessee, Caroline from the south, Arizonaor other high barrier-to-entry markets, and be Marriott, Hilton, Hyatt or independent branded.
For more information and details on the best investment opportunities to consider, see www.dovehillcos.com/deal-reward-program. For more information about DoveHill Capital Management, visit www.dovehillcos.com.
DoveHill Capital Management
DoveHill Capital Management is headquartered in Fort Lauderdale, Floridaand is a vertically integrated hotel investment and development organization with a portfolio of premium branded urban infill hotels, lifestyle hotels and full-service assets across North America with a heavy concentration on the east coast. The company’s core competency is the creation of highly differentiated, locally curated properties in high-growth, high-culture environments with diverse demand drivers and distinct barriers to entry.
DoveHill seeks investments in full-service lifestyle properties with a focus on adding value and other strategies to enhance properties and create differentiated benefits. As part of its strategic vision, having invested in attractive entry points, DoveHill is working to reposition and transform real estate assets to increase value for its partners and investors.
SOURCEDoveHill Capital Management, LLC