Since 2000, Haberhill has been providing our clients and partners with “value-enhancing” investment and advisory services.
Our partners are real estate investors needing external expertise in the hospitality and lodging sector. We generally focus on full-service hotels in locations where long-term real estate value creation is an important component. Our primary areas of focus revolve around unique opportunities where we believe we can enhance value.
To align our interests with those of our partners, we almost always invest “side-by-side” with our partners. Haberhill generally does not participate in transactions where we do not act as the operating partner, receive an ongoing asset management fee, as well as a promoted interest in the project.
Through on-going relationships between Haberhill and its capital partners, Haberhill has co-invested in 12 full-service hotels, with a total value in excess of $1.5 billion, including over $300 million of equity capital.
Currently, we own, with partners, 5 hotels totaling almost 4,600 rooms and approximately 500,000 square feet of meeting space. Combined, these hotels generate in excess of $74 million of operating profit (net of reserves). On an aggregate basis, we have invested or will invest approximately $250 million in capital improvements in these 5 hotels.
For a more detailed description of our projects, please follow the “Current Projects” and “Past Project” links at the top of this page.
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