This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.  Find out more here  Close
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 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.


Name of fund

Equity size



Acorn Fund Management African Hospitality Growth Fund  $57 million hotels built in South Africa by Hyatt
Aimbridge Hospitality The Argonaut Fund $100 million full-service hotels
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
Arden Group Arden Real Estate Fund I $125 million US-based hotels
Arden Group Arden Real Estate Partners 2 $250 million To acquire office properties and hotels that are mismanaged, undercapitalized or in need of renovation. 
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.
Avington Financial The Avingstone Fund $366million European hotel recovery opportunities
Banyan Tree Holdings Limited Banyan Tree China Hospitality Fund $214 million Onshore companies primarily making investments in China
Barcelona Hotel Group, Dow Hotel Company Barcelona REIT One $450 million first-class, full-service hotels
BayNorth Capital BayNorth Realty Fund VII $473 million The fund generally focuses on properties in distress or are in need of repositioning.
Blackmore Capital Blackmore Capital Branded Opportunities Fund   Focuses on brands such as Hilton, Holiday Inn, InterContinental and Crowne Plaza

Blackstone Group

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

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
Caerus Hospitality Partners Caerus Hospitality Partners I $40 million premium budget economy hotels
Carlyle Group Carlyle Asia Partners lll $2.55 billion leveraged buyout transactions in Asia in targeted industries.
Canyon Capital Realty Advisors Canyon Johnson Urban Funds III $1 billion urban investment, including hotels
Capri Capital Partners Capri Select Income II $312.5 million high-yield commercial real estate and real-estate related assets
Caribbean Property Group Caribbeam Real Estate Opportunity Fund 2005 LP $472 million Focus on income-producing properties in the Caribbean and Central America.
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
Cornerstone Real Estate Advisors Cornerstone Hotel Income & Equity Fund II $446 million full-service hotels, resorts, conference hotels cornerstoneadvisers
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.
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

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
Goldman Sachs Group Goldman Real Estate Fund   upscaled and midscale hotels including Fairfield Inns, Residence Inns and Comfort Inns
Greenfield Partners Greenfield Acquisition Partners V $1 billion hotels
GreenOak GreenOak U.S. Fund II $10 million-$50 million/investment Value-add properties in U.S. coastal gateway markets
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
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
The Hotel Group Hotel Group Opportunity Fund IV $110 million full-service hotels
Integrated Capital IC Hospitality Fund I $105 million Full-service, select-service, extended-stay hotels
Integrated Capital IC Hospitality Fund II $200 million Full-service, select-service and extended-stay hotels
Invesco Real Estate   €400 million ($527. 3 million) Branded, mid-market hotels in the capital and secondary cities of each European country
Lodging Dynamics Hospitality Group LD Hotel Group I $60 million Converting hotels to premium brands
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.
Lowe Enterprises Investors Lowe Hospitality Investment Partners II $300 million 150 to 600+ room full-service properties
Macfarlan Capital Partners Macfarlan Special Situations Fund I $300 million target distressed properties, high-end hotels
Magna Hospitality Magna Hotel Fund III $75 million hotels
Miller Global Properties Miller Global Fund VI   high-quality hotel development, acquisition
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
NextBridge Group   $100 million repositionings, distressed debt, development (unfinished/motivated seller)
Noble Hospitality Noble Hospitality Fund III $310 million hotel acquisition, development, redevelopment
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.
Odyssey Fund Management Odyssey European Hotel Fund $488 million 3- and 4-star hotels in major and larger cities in Western Europe
Oman Investment Fund     To invest in long-and-medium term projects within and outside Oman.   
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)
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
RockBridge RockBridge Hospitality Fund Vl $350 million hotels with total transaction capitalization between US$10 million and US$50 million
Rockwood Capital Rockwood Capital Real Estate Partners Fund VIII $964 million hotels in the United States
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.
Sonnenblick Industries LLC Sonnenblick Resort Land Fund $110 million beachfront development land for Resort hotels
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.
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 
Torchlight Investors Torchlight Debt Opportunity Fund IV $1 billion provide debt financing for various real estate sectors including multi-family, office and hotels.
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.
Viveris REIM     To study possible hotel investments.
Waldeck Capital Global Hospitality Recovery Fund Up to $1 billion luxury hotels
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.

View the Hotel Acquisition Funds List in an Excel file.

View a list of closed funds in an Excel file.

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.
Login or enter a name   Post Your Comment  Check to follow this thread via email alerts (must be logged in)
(4000 characters max)

Comments that include blatant advertisements or links to products or company websites will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff.

Industry CEOs’ opinions on Marriott/Starwood
Sharing economy might be in Choice’s future
Industry outlook: A crash or soft landing?
Modular construction and hotel design
Yotel: Owners see big return from small rooms
Top CEOs: Both good, bad signs for hotels
Global growth, ligher model in Loews' plan
Extended Stay America's Lopez, Part I
Extended Stay America's Lopez, Part II
ALIS 2016: LIIC members share opinions
Consultants share trends, advice for 2016
Contact Us
Hotel News Now
18500 Lake Rd.
Suite 310
Rocky River, Ohio 44116
Copyright © 2004 - 2016 Hotel News Now, a division of STR, Inc. All Rights Reserved.   Privacy