Wright Investments Email Format
HospitalityTennessee, United States1001-5000 Employees
Wright is a cycle-tested, vertically integrated hospitality platform with 40 years of experience in creating value for investors, team members and communities. •Owned and/or operated over 200 hotels, totaling over 260,000 rooms in 29 states. •Participated in capital transactions of over $500 million since 2011. INVESTMENT STRATEGY & ASSET PROFILE Value add and opportunistic investments in hospitality and multifamily where we can enhance value through targeted renovation, innovation management, branding and relaunching. Looking to invest across various asset profiles, including cash-flowing properties and distressed real estate – in all positions across the capital stack. ROOMS & POSITIONING 50-500 keys/units in premium-branded, independent, and lifestyle categories. TOTAL INVESTMENT SIZE $15 million to $300 million, single-asset or portfolios. MARKETS & CHARACTERISTICS •Seeking markets with high barriers to competitive supply due to municipal regulations or difficulty /high costs of construction. •Targeting urban and resort markets with a diversity of demand generators with foreseeable secular demand growth and a unique sense of place. •Infill locations with higher population density and growth. •Particular interest in Sunbelt and Mountain West states, with recent acquisitions for example in cities such as Charleston, SC, Sedona, AZ and Jackson Hole, WY. •Target States include: AL,AZ,FL,GA,ID,IN,MT,NC,SC,SD,TN,TX,UT,VA,WY.