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Update: Hotel Acquisition Funds List
December 2 2013

Updated funds include: Arden Real Estate Partners 2; Occasio Growth Fund l and more. (Free registration/login required.)

To help establish a ballpark figure for the number of financial funds with dedicated capital to acquire hotels, Hotel News Now has started compiling the Hotel News Now Hotel Acquisition Funds List. Please bookmark this page and return often for updates. The latest update was completed 2 December 2013.

We’ve confirmed as many as possible, and we know this list is incomplete. We’re hoping our readers can help fill in the blanks. If you know of funds missing from this list, please drop Finance Editor Shawn A. Turner a line at shawn@hotelnewsnow.com with some of the details. We’ll keep your tip anonymous, and we’ll do everything we can to confirm the funds with the sponsoring fund and/or company. Highlighted funds are recent additions to the list.

Company

Name of fund

Equity size

Target

Contact

Acorn Fund Management African Hospitality Growth Fund  $57 million hotels built in South Africa by Hyatt acornfundmanagement.co.uk
Aimbridge Hospitality The Argonaut Fund $100 million full-service hotels aimbridgehospitality.com
Apollo Global Management Apollo Global Fund $400 million to purchase, renovateand reflag full-service hotels across the U.S.  
Apple REIT Companies Apple REIT Nine $2 billion Upscale extended-stay, upscale select-service, full service hotels applereitcompanies.com
Arden Group Arden Real Estate Fund I $125 million US-based hotels ardengroup.com/
Arden Group Arden Real Estate Partners 2 $250 million To acquire office properties and hotels that are mismanaged, undercapitalized or in need of renovation. http://www.ardengroup.com/ 
Argosy Real Estate Argosy Real Estate Partners II, LP $100 million to $200 million Premium-branded select service and extended stay hotels throughout the United States. argosyrealestate.com
Avington Financial The Avingstone Fund $366million European hotel recovery opportunities avfin.co.uk/
Banyan Tree Holdings Limited Banyan Tree China Hospitality Fund $214 million Onshore companies primarily making investments in China banyantreeholdings.com/mainindex.php
Barcelona Hotel Group, Dow Hotel Company Barcelona REIT One $450 million first-class, full-service hotels dowhotelco.com
BayNorth Capital BayNorth Realty Fund VII $473 million The fund generally focuses on properties in distress or are in need of repositioning. www.baynorthcapital.com
Blackmore Capital Blackmore Capital Branded Opportunities Fund   Focuses on brands such as Hilton, Holiday Inn, InterContinental and Crowne Plaza blackmorecapital.co.uk/index.php

Blackstone Group

Blackstone Real Estate Partners VI $10.9 billion hotels, global blackstone.com
Blumberg Capital Partners Blumberg Capital Partners Strategic Asset Fund $1 billion mixed-use, office buildings,

blumbergcapitalpartners.com

Brightside Acquisitions Group Brightside's Global Fund $700 million unfinished or distressed hotels; highly motivated sellers; REIT-quality Luxury, Upper Upscale, Upscale, Midscale with F&B, Midscale w/o F&B danielldevelopment
.com
Caerus Hospitality Partners Caerus Hospitality Partners I $40 million premium budget economy hotels caerushospitality.com
Carlyle Group Carlyle Asia Partners lll $2.55 billion leveraged buyout transactions in Asia in targeted industries. http://www.carlyle.com/content/carlyle-asia-partners-iii
Canyon Capital Realty Advisors Canyon Johnson Urban Funds III $1 billion urban investment, including hotels canyonpartners.com
Capri Capital Partners Capri Select Income II $312.5 million high-yield commercial real estate and real-estate related assets capricapital.com
Caribbean Property Group Caribbeam Real Estate Opportunity Fund 2005 LP $472 million Focus on income-producing properties in the Caribbean and Central America. www.cpgroup-pr.com
The Chatterjee Group Real Estate Special Situations Fund Rs 1,0600,000,000-crore ($195 million) To invest in hotels and real estate sectors.  

Columbia Pacific Advisors

Columbia Pacific Opportunity Fund $200 million diversified  
Concord Hospitality Enterprises Private Equity Fund  $300 million distressed hotels and debt concordhotels.com/
Cornerstone Real Estate Advisors Cornerstone Hotel Income & Equity Fund II $446 million full-service hotels, resorts, conference hotels cornerstoneadvisers
.com/
DLJ Real Estate Capital Partners DLJ Real Estate Capital Partners IV $200 million repositionings, distressed debt, development  
Driftwood Hospitality Management   $400 million Focus on acquiring and repositioning hotels across the U.S. www.driftwoodhospitality.com
Elena Baturina Fund controlled by Elena Baturina €200 million ($260.3 million) To buy up to five hotels in the Irish market as part of plans to develop 14 4-star properties in Europe by 2015.  
Equity Group Investments LLC Zell Credit Opportunities Fund LP $625 million distressed securities backed by assets  
Ethika Investments, LLC Ethika's Diversified Opportunity Real Estate Fund    

www.ethikainvestments.com

Fairwood Capital LLC

Fairwood Capital LLC $150 million acquire full-service hotels and premium branded select-service.  
The Fundo Soberano de Angola (Angola wealth fund) Hotel Fund for Africa $5 billion Quality hotels on the continent of Africa.  
Geolo Capital   $150 million Distressed hospitality assets in 3.5-, 4-star category geolo.com
Goldman Sachs Group Goldman Real Estate Fund   upscaled and midscale hotels including Fairfield Inns, Residence Inns and Comfort Inns www.gs.com
Greenfield Partners Greenfield Acquisition Partners V $1 billion hotels greenfieldpartners.com
GreenOak GreenOak U.S. Fund II $10 million-$50 million/investment Value-add properties in U.S. coastal gateway markets www.greenoakrealestate.com
HEI Hotels & Resorts HEI Hospitality Fund III, L.P $515.4 million full-service, upper-upscale and luxury hotels, resorts and premium select-service hotels in the U.S., Canada and the Caribbean heihotels.com/
Horizon Midway Group Horizon Hotel Fund l $250 million three to four star full-service hotels and boutique hotels  
Hostmark Hospitality Group Shamrock-Hostmark Hotel Fund LP   full-service and limited-service hotels in urban areas, under-performing hotels in stable markets hostmark.com
The Hotel Group Hotel Group Opportunity Fund IV $110 million full-service hotels thehotelgroup.com
Integrated Capital IC Hospitality Fund I $105 million Full-service, select-service, extended-stay hotels intcapllc.com/
Integrated Capital IC Hospitality Fund II $200 million Full-service, select-service and extended-stay hotels www.intcapllc.com
Invesco Real Estate   €400 million ($527. 3 million) Branded, mid-market hotels in the capital and secondary cities of each European country http://www.invesco.com/portal/site/global/AboutUs/
Lodging Dynamics Hospitality Group LD Hotel Group I $60 million Converting hotels to premium brands www.lodgingdynamics.com
Nippon Hotel Fund Investment Corporation/ Japan Hotel & Resort Japan Hotel & Resort and Nippon Hotel Fund $224 million to expand asset size of city hotels, resort hotels and business hotels in Asia regions including Singapore, China/Hong Kong, Thailand and Korea  
KABR Group/Capstone Realty KABR Capstone Distressed Debt Fund $50 million Distressed mortgages, mostly hotels  
Kimpton Kimpton Hospitality Partners $246 million Acquire, develop and re-develop boutique hotels. www.kimptonhotels.com
Lowe Enterprises Investors Lowe Hospitality Investment Partners II $300 million 150 to 600+ room full-service properties loweenterprises.com/
Macfarlan Capital Partners Macfarlan Special Situations Fund I $300 million target distressed properties, high-end hotels macfarlan.com/
Magna Hospitality Magna Hotel Fund III $75 million hotels magnahospitality.com
Miller Global Properties Miller Global Fund VI   high-quality hotel development, acquisition millerglobal.com/
Montezemolo & Partners SGR; The Indian Hotels Company Limited Charme ll fund €350 million ($455 million)    
Morgans Hotel Group Yucaipa American Alliance Fund II   hotel real estate in North America morganshotelgroup.com
NextBridge Group   $100 million repositionings, distressed debt, development (unfinished/motivated seller) nextbridgegroup.com
Noble Hospitality Noble Hospitality Fund III $310 million hotel acquisition, development, redevelopment nobleinvestment.com
Occasio Funds Occasio Growth Fund l Between $25 million and $100 million To invest in U.S.-based premier luxury vacation properties located in top-tier destinations. http://occasiofunds.com/funds
Odyssey Fund Management Odyssey European Hotel Fund $488 million 3- and 4-star hotels in major and larger cities in Western Europe odysseyre.nl/
Oman Investment Fund     To invest in long-and-medium term projects within and outside Oman.  www.oif.com   
Pebblebrook Hotel Trust   $350 million properties in major U.S. cities  
Perseus Capital Partners Perseus Capital Partners $166 million Special situation - hotels and debt, undervalued, illiquid and complex assets (public and private securities) www.perseuscp.com
Pyramid Hotels & Resorts   $275 million luxury and upper-upscale hotels  
RLJ Development LLC RLJ Real Estate Fund III $1.2 billion acquire/develop upscale, focused-service hotels rljhotels.com/
RockBridge RockBridge Hospitality Fund Vl $350 million hotels with total transaction capitalization between US$10 million and US$50 million rockbridgecapital.com
Rockwood Capital Rockwood Capital Real Estate Partners Fund VIII $964 million hotels in the United States rockwoodcap.com/
Shaner Hotel Group; Almanac Realty Investors   $100 million The fund will target small to midsize hotel companies with financing ranging between $3 million and $30 million for both individual properties and portfolios. http://www.shanercorp.com/
Sonnenblick Industries LLC Sonnenblick Resort Land Fund $110 million beachfront development land for Resort hotels www.SonnDev.com
Stockbridge Capital Partners Stockbridge Real Estate Fund III $2-$3 billion hotels in high-barrier to entry markets, other real estate  
Tamesis Capital Limited Tamesis Fund £100 million ($149.6 million) The purchase of existing hotels within the U.K. real estate market. tamesiscapital.com
Thayer Hotel Investors Thayer Hotel Investors Vl LP $300 million Full-service hotels in the United States’ top 25 markets.  
Thor Equities Thor Urban Property Funds   Hotel, retail, office, residential www.thorequities.com 
Torchlight Investors Torchlight Debt Opportunity Fund IV $1 billion provide debt financing for various real estate sectors including multi-family, office and hotels. http://www.torchlightinvestors.com/
Union Investment UII Hotel Nr. 1 €250 million ($337 million) Will focus on budget and midscale hotel real estate with an above-average location and operator concept. www.union-investment.com/realestate
Viveris REIM     To study possible hotel investments. http://www.viveris-reim.com/
Waldeck Capital Global Hospitality Recovery Fund Up to $1 billion luxury hotels waldeckcapital.com
Waramaug Hospitality LLC   $150 million U.S. select-service hotels  
Yotel, IFA Hotels & Resorts, Kuwait Real Estate Company and The John Buck Company   $250 million Expanding the Yotel brand with existing development sites and/or condominium interests in mixed-used development projects, non-hotel buildings that can be converted to Yotel hotels, and existing hotels that could be converted to Yotel hotels. www.yotel.com

View the Hotel Acquisition Funds List in an Excel file.

View a list of closed funds in an Excel file.

COMMENTS   Show All
Jerbethaqui
9/22/2013 12:56:00 PM
I am a Broker in Tennessee seeking finance for local hotels. I am trying understand what you are saying. Are you seeking fund for investors looking for monies to qualify for purchasing Hotels?. Please help me to comprehend what your site is about.
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