We source proprietary, distressed and underperforming hotel acquisitions across the Sun Belt Coastal Crescent and present them exclusively to a private network of accredited investors and conversion operators. No auctions. No MLS. No bidding wars. Access is by application only.
The Sun Belt coastal hotel market is experiencing structural distress at the same moment multifamily rents are at historic highs. We sit at the intersection of those two trends.
Sun Belt hotel owners are facing rising insurance, deferred CapEx, and post-pandemic occupancy gaps. Many are tired, retiring, or undercapitalized. Aged-out exterior corridor hotels especially are coming available at significant discounts to replacement cost.
Hotel rooms convert to studio and one-bedroom multifamily units at roughly half the cost of ground-up construction. With Sun Belt rents at all-time highs, the math on hotel-to-residential conversion has never been stronger.
Our pipeline is direct-from-owner, sourced through proprietary outreach to AAHOA hotel owners and Sun Belt operators who have never received a serious offer. No CoStar listings. No broker auctions. No competitive bidding.
We focus our sourcing on a specific type of hotel asset. The targets that match every criterion below tend to convert to multifamily at the highest yield.
Network access is by application. Once you are in, deal flow is consistent, pre-underwritten, and presented before anything hits the public market.
Submit the network access application with your accreditation status, deal preferences, and check size.
30-minute private call. We learn your investment thesis. You learn how our pipeline works and what to expect.
Pre-underwritten acquisition packages arrive in your inbox before they hit any public market. Pass or proceed.
Subscribe to the SPV for the specific deal. Capital call, close, and start receiving distributions per the operating agreement.
Access is by application. We work exclusively with accredited investors, qualified family offices, and proven conversion operators. Tell us about yourself and what you are looking for.
This is not a public offering. All opportunities are presented exclusively to qualified accredited investors as defined under SEC Rule 501. Past performance does not guarantee future results. Blackburn Capital Partners · Fort Lauderdale, FL