When I tell people that over 50 lenders said no to financing Salt Ranch, they usually think I'm exaggerating. I'm not. Hotel financing is one of the most difficult parts of any hotel development project, and if you're trying to do it without a flag (meaning no Hilton, Marriott, or other brand name attached), it gets exponentially harder.
How an Old Roadside Motel Became Salt Ranch: The Full Story of Building a Boutique Hotel in Nashville
Most people will never build their own hotel. It's not exactly something you wake up one day and decide to do. But somehow, I ended up buying an old roadside motel on Dickerson Pike in East Nashville and spending the better part of four years turning it into a boutique hotel in Nashville unlike anything else in the city.
How to Raise Capital for Commercial Properties
Learning when and how to properly raise capital is crucial if you’re looking to grow. In fact, most of the largest investment and development groups utilize raised capital from investors in order to take down continue to scale. Here’s our guide on how to raise capital (and equity) for commercial real estate.
7 Outstanding Benefits of Passive Real Estate Investing
As an investor, you will not only receive passive income and appreciation from the property, but also tax benefits, risk diversification, increased buying power, and more. The benefits of passive real estate investing are abundant and can grow your passive income and wealth exponentially while taking advantage of all of these ancillary perks, as well.
This Week at Deals: Raising Capital and Residential Development with Bailey Neal
Chattanooga ATT Building Sold for 8.5% Cap
The two-story building totals 6,955 square feet and is situated on a 2.88-acre parcel with points of ingress/egress on Dodds Avenue and East Main Street. Following construction in 1987, the building was immediately leased to Bellsouth Telecommunications, LLC for use as a service operations facility.
Renowned Nashville Architect, Developer Jamie Pfeffer to Speak at REIN Deals
How to Find and Qualify Commercial Deals with Tyler Cauble
This week we’re meeting with Tyler Cauble, President of The Cauble Group and Managing Member of Parasol Property Management. Cauble will be speaking about how he finds and qualifies commercial deals, his philosophy on investing, and how he purchased his first commercial building with zero dollars out of pocket.