Historic 1920's Hotel Redevelopment


Investment Details

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$500,000 

Minimum Equity Capital Sought Per Investor


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200+%

Projected Return on Investment


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3-6 Years

Projected Investment Period


US EB-5 Green Card Options

Available with Investment

Downtown Los Angeles, California


Investment Summary

We are offering a unique opportunity to invest in a marquee boutique hotel development project located in Downtown Los Angeles, one of the hottest hotel markets in the US. Hollywood International Regional Center, the Project Sponsor, has placed a deposit on the historical 1920s building and will refurbish the property into a luxury hotel in the booming Downtown district.

 

Property Details

Development Cost

$40 Million


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Site Area

7,766 sqm
83,600 sq. ft.


Hotel Rooms

150


F&B Venues

4


Project Highlights


Rehabilitation of Existing Building

Project has a short development timeline, estimated at 12 months, as opposed to an 18-24 month ground-up development project. Further, entitlement risks are mitigated when not developing ground up buildings.


Favorable Subsidies

The city of Los Angeles is offering tax deductions and other incentives and subsidies for redevelopment of historical properties as well as for hotel development in the downtown district.


Strong Location

The site is located within walking distance of some of Los Angeles’ most popular tourist and entertainment destinations, including L.A. Live, Staples Center, Ace Hotel, and a soon-to-be constructed Light Rail.


Email us and we'll be happy to get you more information.