Acquisition

NHCG offers independent investment analysis, research, and due diligence. Having acquired and sold numerous hotel investment properties throughout their respective careers. Potential investors are encouraged to involve our experts at the commencement of any due diligence process for assistance in the areas of

• Purchase and sale agreement negotiation
• Operator selection and management contract negotiation
• Franchise selection and agreement negotiation
• Investment underwriting
• Due diligence planning
• Asset positioning/repositioning recommendations
• Professional consultant retention (engineering, environmental, market, legal)
• Capital programming
• Executive committee member selection
• Development of a master plan
• Business plan evaluation
• Preparation of financing memorandums
• Accounting and financial system review
• Preparation of closing statements

NHCG can guide you through the process of your hotel acquisition and financing project. Whether your goal is revitalization, redevelopment, new construction, evaluating land use issues, financial viability, contracts, and agreements, or determining whether an investment can meet the goals of the investor, NHCG consultants will add sound insight in managing the complexities of the hospitality investment.

We help those looking to exit as well as those looking to acquire properties. Through our extensive research, network, and experience in the industry we are in a position to advise on exit strategies for hotel owners and developers. We can provide information regarding current listings and often have knowledge of ownership opportunities before they are listed on the open market.

Through a comprehensive review, we help owners improve their hotel’s value before the exit from their property. We guide you through the process by developing a plan that shows where you can make key investments, disinvestments, and changes in order to increase the asset’s value and potential sale value. We help owners looking to sell their properties by finding interested parties and sourcing the financing needed for those looking to acquire their asset.

Our process includes

• Assessment of initial value.
• Opinion of appraisal and strategic approach.
• Identification of value drivers.
• Identification of value detractors and elements of price concession.
• Identification of assets unrelated to the value of the main asset.
• Individual analysis both of each value driver and of each component.
• An actionable calendar with estimated costs to improve the value.
• Evaluation of pre-sale improvements.
• Analysis and initial list of possible interested parties.
• Communications strategy.