PBHFA.org is thrilled to announce a strategic collaboration with HotelSHIFT.capital.
HotelSHIFT.capital buys extended-stay and distressed hotels with large rooms, in high-traffic Opportunity Zone locations within growing metros, below-market value, then renovates the building into workforce housing.
David S. Goodboy, Founder PBHFA.org remarked, “We are continually in pursuit of distinctive, compelling investment opportunities for our circle of ultra-high-net-worth investors and firms. By bringing a singular perspective, disciplined tactics, and seasoned expertise to the traditional real estate landscape, HotelSHIFT not only accords perfectly with this mandate, but also creates a compelling avenue for refined capital deployment, differentiated value creation, and enduring long-term merit. I greatly look forward to presenting the opportunity to our membership!”
About HotelSHIFT
Buy extended-stay and distressed hotels with large rooms, in high traffic locations within growing metros, below-market value. Renovate the building into workforce housing. Lease the building to at least 90% occupancy. Secure an appraisal at a multifamily valuation. Refinance the building as a multifamily & return capital to our investors.
Our team takes the efficient market hypothesis very seriously. We know most fund managers do not “beat the market” and consistently deliver returns higher than the S&P 500. However, we believe the HotelShift strategy will deliver true Alpha to our investors — returns that consistently exceed common stock & real estate benchmarks.
Founder, Dr. Alexander Cartwright is a PhD economist who left a tenured professorship to buy distressed hotels and convert them into workforce housing through his company, HotelSHIFT. His business rests on a simple valuation gap: hotels trade at higher cap rates than apartments because their income is considered less durable, so the same building can be worth dramatically more once it’s rezoned and leased as multifamily instead of run as a hotel.
If you’re looking for a corner of hospitality investing with less competition than traditional multifamily, and want to understand the zoning, financing, and tax mechanics behind turning a hotel into housing, contact HotelSHIFT
.
About The Palm Beach Hedge Fund Association:
The Palm Beach Hedge Fund Association is a South Florida-based trade organization of international distinction, with a membership that extends well beyond its regional base. While many members are domiciled in Florida, they also hail from Eastern Europe, Ireland, England, Germany, South America, the Caribbean, Africa, and throughout the United States.
PBHFA’s membership comprises active hedge fund managers and professionals, ultra-high-net-worth investors, family offices, financial traders, investment bankers, academics, financial institutions, funds of funds, foundations, allocators, and esteemed service providers, including third-party marketers, data providers, prime brokers, administrators, auditors, lawyers, risk managers, and fintech firms.
In addition, PBHFA hosts capital-raising investor presentations for qualified companies, money managers, and founders.