The ruler is broken. Our foundations of real estate comprehension have been set off balance with the unknown world of today. The struggle for what factors bring a project to stabilization are a challenge for underwriting and a compelling need for mastery to achieve it. Within the specific niche of Hospitality bringing hard assets and operations together, we have new risk profiles that bring a new set of boxes to check.

Today, we do not have a long term time line forward on solidified underlying factors which can be dependable and remain highly volatile. How can we define, control and rationalize through this environment and what does it create for current acquisition, development and repositioning strategies? We must take all the pieces into consideration as we find the pathway to service the needs of tomorrow's traveler, vacationer and remote worker.

The responsibility to develop these answers for the Hospitality segment will also impact the world's needs of new buildings, the way we live in and around them and how our future urban cities will develop in a more environmentally conscious way.

The cornerstone; Municipal Support, and the drive of entrepreneurial innovation is a constant of the human condition that brings solutions. 

Our world continues to experience vast economic turmoil in the hospitality and tourism industry. From ignorance to adaptation, we are still in the middle of so many questions and rapidly materializing solutions. The responsiveness and support that the hospitality industry has both given and received are an amazing testament to the resilience of an industry which is a backbone of our economy.

The longer range problems are fueled without solution in sight today based in a steep decline in Average Daily Rates (ADR), length of stay (LOS) and Occupancy (OCC) revenue indicators for many hotel properties. These properties are in a limbo of when next steps will occur. They need a plan for tomorrow, of being restructured, sold or refinanced with new vision and strategies.

We are all hearing the noise surrounding things like “The Dogefather” (aka; Elon Musk) and the accepted uses of Crypto in retail transactions. How deep is the interest and application of Crypto in a broader commercial world of real estate transactions?

Since the beginning of COVID-19, the world has undergone a major economic turmoil for the hospitality and tourism industry. With the steep decline in occupancy rates and Average Daily Rates (ADR), many hotel properties were restructured or refinanced with new vision and strategies.

During this time of operational challenges, the industry is in dire need for a combined solution of expertise and capital. This may, in fact, provide unique opportunities for investors to bring the combination of capital and capability to the hospitality industry.

With many headwinds facing the commercial real estate market, the landscape will never be the same. In this panel, we will be exploring the following topics:

We will be discussing current trends and market conditions in Hospitality, Multi-family, Retail and Office Real Estate with four, esteemed panelists. With us today are Joseph Dematteo – Founder & President of JDM Capital, Tony Barkan – CEO & Co Managing Principal of Allagash Partners, Mike Mangione – Director, Family Office & Advisor Relations for Group RMC USA, and Dr. Bharat Sangani – Chairman of Encore Enterprises.

Within today’s economic disruption, opportunities are emerging to develop, redevelop, and repurpose Hospitality projects utilizing ready/rescue capital, new strategies and new visions. Devastating occupancy percentages and revenue decreasing ADR and REVPAR have been hit with higher costs of operation and a need for an expertise and capital combined solution for an industry wide problem.

Creativity: needed, wanted, and required. Current operational demands requiring asset repositioning is a reality. Increases in the costs driven by demands of clients, workforce and mandated municipal procedures have brought a demand for protocol that has never been underwritten for. This has caused a major impairment to the entire hospitality and travel industry. This expansive economic dislocation has brought all previous investment strategies within Hospitality projects to a massive unknown. The need for operational expertise, with a finesse of experience and a breath of new vision are the new pathway for value extraction. These require new capital commitments, timelines dictating a more critical path for the success of each investment decision. We now have a greater timeline with a larger cash requirement to the path of stabilization. It is a moment in Hospitality where dollars that are more needed to solve problems and create ways of unlocking efficiencies. The near term value dislocation as underwriting and costs catch up will be an opportunity for the greatest multiple for investment in the medium to longer term. Because this is not for the simple, the faint of heart or those without know how, it will be a narrow field demanding the most for its returns. It’s unprecedented, it’s important to life safety factors of this asset class and one that requires a fortitude of being solution focused.

This is the opportunity to bring the combination of capital and capability to the hospitality industry and be a market leader of choice on selected assets in selected markets with the best of class properties having near term needs and longer term outperforming metrics for investment.

Opportunities are emerging to develop, redevelop, and repurpose Hospitality projects. What is the value proposition for branded or boutique strategies when acquiring distressed hotel properties and how does the geographic location of these assets impact that decision?

Within today’s economic disruption, opportunities are emerging to develop, redevelop, and repurpose Hospitality projects utilizing ready/rescue capital, new strategies and new visions. Devastating occupancy percentages and revenue decreasing ADR and REVPAR have been hit with higher costs of operation and a need for an expertise and capital combined solution for an industry wide problem.

Current operational demands requiring asset repositioning is a reality. Increases in the costs driven by demands of clients, workforce and mandated municipal procedures have brought a demand for compliance that has never been underwritten for. This has caused a major impairment to the entire hospitality and travel industry. This expansive economic dislocation has brought all previous investment strategies within Hospitality projects to a massive unknown. The need for operational expertise, with a finesse of experience and new safety standards are the new pathway for value extraction. These require new capital commitments, timelines dictating a more critical path for the success of each investment decision. We now have a greater timeline with a larger cash requirement to the path of stabilization. It is a moment in Hospitality where dollars that are more needed to solve problems and create ways of unlocking efficiencies. The near term value dislocation as underwriting and costs catch up will be an opportunity for the greatest multiple for investment in the medium to longer term. Because this is not for the simple, the faint of heart or those without know how, it will be a narrow field demanding the most for its returns. It’s unprecedented, it’s important to the life safety factors of this asset class and one that requires a fortitude of being solution focused.

This is the opportunity to bring the combination of capital and capability to the hospitality industry and be a market leader of choice on selected assets in selected markets with the best of class properties having near term needs and longer term outperforming metrics for investment.

Since the COVID - 19 crisis broke out, 40 million people became unemployed, businesses have shut down and global central bank have conducted swift and unprecedented monetary support to alleviate conditions brought on by the Pandemic. This panel will discuss in detail what is being seen in the different verticals of real estate and what to expect in the 3rd & 4th quarter with existing assets and special situations on the horizon.

There are going to be opportunities in the development, redevelopment, and repurposing of hospitality projects, where our industry is going to develop into a “new norm” in “Demands” for design and functionality. Newer needs, newer concepts of comfort and a new definition for Hoteliers of how to be bigger within smaller experiences. Professional hospitality will be in higher demand. How are Hoteliers navigating the disruption now and how are they preparing for the uncertainty of the future?

Join us for a panel on Investing in Real Estate to learn from our expert panelists while they provide an overview of what they are seeing today as we are move through the early stages of the impact from COVID-19. Each of the panelists will have an opportunity to speak about their strategy, performance expectations and their teams while they discuss their observations surrounding todays current events. Each panelist will provide investors and asset class managers with insight into their thought processes around risk mitigation and potential opportunity coming out of the current environment. As the dust begins to settle in their respective niches, our experts that have a long track record in the following areas of Workforce Housing, Hotels, Office Buildings, Insurance & Distressed Real Estate Investing will talk about how they are thinking about capturing the opportunities.