Hospitality was the classroom. Renovations ran on site while the furniture crossed an ocean in containers, and the same projects were worked from either chair: general contractor in-house, or project manager above one. These notes are those projects, one at a time: PIP scopes, FF&E packages, takeoffs, permit sets and acquisitions.
December 13, 2010 · Underwriting
Structuring an asset acquisition, franchise conversion capex ratio, and 328-page capital markets due-diligence package in Greater DFW.
November 20, 2010 · Construction
Directing commercial dining renovations, banquet bar millwork, and full-service hospitality restaurant fit-outs for a Holiday Inn along the Texas Gulf Coast corridor.
October 15, 2010 · Underwriting
Underwriting full-service hotel physical plants, IHG franchise property improvement plans, and coastal building envelope remediation along the Texas Gulf Coast corridor.
September 28, 2010 · Underwriting
Underwriting physical plant systems, Wyndham franchise PIP liabilities, and capital replacement reserves for a Days Inn along the Interstate 10 corridor in Central Texas.
August 26, 2010 · Underwriting
Reconciling two contiguous Fulton County tax parcels, 120,956 square feet under roof, and prior institutional transfers during acquisition due diligence on an Atlanta airport hotel.
August 16, 2010 · Underwriting
Underwriting physical plant conditions, Choice Hotels PIP requirements, and historical STR RevPAR performance for a Comfort Inn along the US-290 corridor in Northwest Houston.
November 19, 2009 · Underwriting
Evaluating physical plant conditions, structural exterior corridor concrete walkways, commercial swimming pool filtration systems, and central MEP plant infrastructure for the 150-room Florida Suites property along the Central Florida tourism corridor.
September 30, 2009 · Construction
Executing a multi-phase brand conversion and PIP audit to transition an independent hotel into a Ramada franchise, managing exterior facade and public space overhauls.
August 10, 2009 · Underwriting
Underwriting an operating Passport Inn & Suites along a Central Texas highway corridor by auditing county property tax appraisals, utility ratios, and physical plant condition.
July 27, 2009 · Land
Carving a 1.1024-acre hotel development pad out of a 9.504-acre commercial tract in the West Houston corridor with a dedicated 60-foot public street, shared detention reserve, and layered utility easements.
November 20, 2008 · Land
Designing the civil site concept and parking master plan for a 52-key Budgetel Inn & Suites along the US-59 Northeast Houston corridor, optimizing drive aisles, fire lanes, and drainage swales.
November 18, 2008 · Construction
Managing the adaptive reuse conversion of a two-story commercial office building into a Quality Inn franchise, coordinating site civil logistics and MEP core modifications.
November 10, 2008 · Construction
Directing the architectural takeoff, MEP physical plant audit, and unbundled franchise PIP budget for a 138-room two-building hotel conversion in East Texas.
October 18, 2008 · Land
Master planning a 14-acre commercial reserve, 4-acre hotel parcel, and 40-room Budgetel Inn hospitality development along the East Texas highway corridor.
October 14, 2008 · Construction
Coastal hotel renovations fail when cosmetic finishes go up over wet sheathing. Stripping storm-damaged envelope sections, replacing the low-slope roof membrane, and separating insurance scopes from PIP capex protects the asset.
October 8, 2008 · Underwriting
Conducting post-hurricane building envelope forensics, roof membrane assessments, and guestroom PTAC physical plant audits for Travelers Inn along the North Houston highway corridor.
September 30, 2008 · Construction
Auditing a multi-million capital expenditure program for a full-service Hilton tower, unbundling guestroom MEP modernizations, and staging phased atrium public space renovations.
September 24, 2008 · Materials
Directing architectural prototype spatial planning, 84-room three-story commercial hotel building envelope design, porte-cochere structural steel integration, and Choice Hotels franchise capital budgeting along the Northeast Houston growth corridor.
September 18, 2008 · Underwriting
Airport corridor hotels run on volatile transit, airline crew, and distressed-passenger demand. Turning around an underperforming property requires daily flash tracking, strict brand QA punchlists, and direct contract room allocations.
September 18, 2008 · Underwriting
Walking the physical plant, auditing building envelopes, and underwriting franchise conversion capital reserves for an airport corridor hotel near Houston Hobby Airport.
September 15, 2008 · Underwriting
Underwriting the acquisition and Days Inn franchise conversion of a 40-key Interstate 10 roadside hotel by auditing tax receipts, inspecting the building envelope, and pricing the PIP.
September 10, 2008 · Underwriting
Walking the roof, auditing rooftop package chillers, electrical switchboards, and life safety systems for an operating Ramada hotel along the North Houston highway corridor.
August 28, 2008 · Underwriting
Executing pre-auction physical plant due diligence, county tax parcel verification, and Quality Inn PIP underwriting for a multi-building freeway hotel in Greater DFW.
August 20, 2008 · Construction
Quantifying exterior masonry elevations, fenestration assemblies, and natatorium enclosure retrofits for OakHill Hotel in San Antonio.