Investments
Hotels, net lease and hard assets in markets we know.
Hospitality is the focus. Net lease carries the tax efficiency. Multifamily and development round out a portfolio we sourced, underwrote and operate ourselves.
20
Investments, current and realized
13
Currently held
4
Hospitality assets, owned and operated
7
Net-leased properties on 20-year leases
01
Hospitality
Hotels, furnished stays and retreat properties we own and operate ourselves.
HospitalitySquare 42 Hotel
360 West 42nd Street, Midtown Manhattan
A 52-room Midtown hotel, reconverted into one-, two- and three-bedroom suites and operated in house.
HospitalityMoofy's Farmhouse
Royal Oak, Maryland, on the Chesapeake Bay
A 41-bedroom waterfront retreat on Maryland's Eastern Shore, run as a private group hotel.
HospitalityRealized36 West 35th Street
Midtown Manhattan
Sponsor units run as furnished short-term rentals, stabilized, then sold.
Hospitality250 West 73rd Street
Upper West Side, Manhattan
Six apartments turned into one large-format townhouse, run as a furnished residence for stays of 30 days or more.
02
Multifamily
Value-add communities and ground-up rental buildings, from South Georgia to the Bronx.
MultifamilyThe Grand at Market District
Statesboro, Georgia
A 200-unit value-add community acquired through a 1031 exchange; our fifth in South Georgia.
Multifamily915 Dawson Street
The Bronx, New York
A 29-unit ground-up rental building minutes from Yankee Stadium, developed as co-general partner with Spaxel.
Multifamily1731 West Farms
The Bronx, New York
A completed nine-story, 53-unit rental building in the Bronx, developed as co-general partner with Spaxel.
MultifamilyRealized38 Redding Street
Downtown Hartford, Connecticut
Note purchase, foreclosure, gut renovation and lease-up.
MultifamilyRealized1155 Broad Street
Hartford, Connecticut
Rehabilitation and stabilization of an 11,000 sf apartment building.
03
Development and repositioning
Assemblages, conversions and historic rehabs where the return came from changing what a building is.
DevelopmentRealized130 William Street
Lower Manhattan
Multi-parcel assemblage sold to Lightstone, now a ground-up residential tower.
DevelopmentRealized40 East End Avenue
Upper East Side, Manhattan
Assemblage and sale of land and air rights for a luxury condominium.
ResidentialRealized12 South Street
Hartford, Connecticut
Note purchase and foreclosure, full rehabilitation, lease-up and sale.
ResidentialRealized715 Wethersfield Avenue
Downtown Hartford, Connecticut
Full utility upgrade, renovation, lease-up and stabilization.
04
Tax-efficient net lease
Single-tenant, absolute-net car washes and travel centers on 20-year leases with contractual rent growth, strong operators and accelerated depreciation.
Net leaseSgt. Clean's Car Wash, Strongsville
18534 Pearl Road, Strongsville, Ohio
Veteran-owned regional operator on a 20-year NNN lease with 2% annual bumps, in a dense retail corridor off I-71.
Net leaseTidal Wave Auto Spa, Grand Forks
1750 South Columbia Road, Grand Forks, North Dakota
National subscription-model operator on a 20-year absolute net lease, acquired in December 2025.
Net leaseTidal Wave Auto Spa, Pulaski
1637 West College Street, Pulaski, Tennessee
A second Tidal Wave location on a 20-year absolute net lease with 2% annual escalations.
Net leaseEl Car Wash, Riviera Beach
34 Blue Heron Boulevard, Riviera Beach, Florida
December 2025 sale-leaseback with South Florida's leading express wash brand, 20 years absolute net.
Net leaseCobblestone Car Wash, Caldwell
5912 Cleveland Boulevard, Caldwell, Idaho
December 2025 acquisition leased to Cobblestone, a Spotless Brands company, with a rent schedule that runs fifty years.
Net leaseMr. Clean Car Wash, Blairsville
262 GA Highway 515, Blairsville, Georgia
The portfolio's longest-held car wash, leased to the Carnett's family of brands since 2020.
Net leaseTravelCenters of America Portfolio
Medley, Florida · Cookeville, Tennessee · White Hills, Arizona
A $94 million, three-property travel center portfolio net-leased under the TA brand, acquired in 2026 with MFP Capital and L2B Invest.