Promise Land Realty
May 6, 20211 min
Updated: Jan 21
Commercial Hotel Investment Opportunity
Acquisition Price:
$1.2 Billion USD (+ 1% Buyer Fee)
The Project Seneca Real Estate Portfolio is an exclusive off-market portfolio of 11 world-class properties located in high tourism cities across North America, Europe, and the Middle East. By aggregating these properties into a comprehensive and diversified portfolio, we have created a unique investment opportunity for an acquirer interested in gaining exposure to the global travel and hospitality industries. With the hotel industry poised to emerge from COVID-19, this portfolio of properties is forecast to structurally improve profitability while experiencing a multi-year tailwind of topline growth.
We are seeking $1.2 Billion for the whole acquisition of the Project Seneca Real Estate Portfolio. Upon receiving a letter of interest, full property financials will be released and the transaction can be executed in as little as 60 days. Our team can also help to recommend a transitional management team for a financial buyer.
Total Properties: 11
Property Locations:
UAE - Dubai
Spain - Barcelona, Madrid
Italy - Rome
Portugal
USA
Mexico - Cancun
Total Keys: 1,551
Return Potential:
Holding Period - 5-7 Years
Return Multiple: 2x - 3x
Internal Rate of Return: 18-25%
Exit Cap Rate: 3-7%
For more information please email: sarter@promiselandrealtyllc.com
"Invest Wisely"