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Brightside Alliance Fund: Distressed US Hotels »NEW 2010 - Active
Manchester Arts District »NEW 2010 - Active
Luxury Spa & Hotel, Wine Country, California »October 2009 - Closed
Brightside Distressed Hotel Project Q4: 25 US Hotels »September 2009 - Booked
Daniell Development To Take On Largest Penthouse Project »July 2009 - Closed
Residential Portfolio III: Income Producing Portfolio »October 2009 - Closed
Residential Portfolio: Upscale Income Producing Portfolio »June 2009 - Closed
Bond structure on new hotel: Sheraton Atlanta »May 2009 - Active
Brightside Hospitality Portfolio: 4 Hotels »May 2009 - Closed
Commercial Convenience Store Portfolio: Closed and Financed »May 2009 - Closed
Subdivision Portfolio: 40 New Homes: Performing »April 2009 - Closed
Bank Partner Golf Course Portfolio »April 2009 - Closed
Feb 2009 Subdivision Portfolio: Townhome Partnership Performing »February 2009 - Closed
Country Club Portfolio: Performing, Partnership »February 2009 - ClosedPlease contact Daniell Development, Inc.
for complete projects list.
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Hotels
It is predicted that around 3000-4000 hotels will go into default proceedings or into foreclosure status in the next 6-8 months. This represents, in a most conservative manner, about 12 billion dollars in distressed hotels. We have built the best team to capitalize on that…”
-J.L. Daniell
We are currently acquiring hotel properties in the US. If you are a broker representing a bank or represent a CMBS service company, or if you are the owner of this class of asset, please send us an email or call our office. We fund hotels in major metropolitan cities of up to 12 million (US) per transaction (all cash) and have leveraged opportunities for larger acquisitions.
For more information on Distressed Hotels, please visit our partner and affiliate site: DistressedHotels.us.