This was the appraisal of a 12-story, 325 guestroom hotel with 24,809 SF of meeting space. The property was located in the downtown and it shared a site with a 25-story office building. The property also contained a 180-seat restaurant & pub, fitness center, and had 108 parking spaces allocated to the hotel. A $3-million PIP renovation had recently been completed at the property.
An 11-story, 440-room hotel with 13.990 SF of meeting space. Located just off I-287 in Franklin Twp, Somerset County, NJ. The assignment contemplated the proposed repositioning of this troubled asset into a 220-room full-service, Crowne Plaza; a separate 100 room limited service hotel; as well as a 44,750 SF net leased wellness center.
The former Playboy Club Hotel & Resort - A 654-room facility in two 8-story wings with a 5-story central core, including 65,000 SF of meeting space, in-door and outdoor tennis courts, multiple restaurants, gift shops, retail outlets, and various other amenities. A number of the rooms had been converted over the years to condominiums, low-lost housing and time-share ownerships. The appraisal assignment contemplated a revitalization of the property to a 500-room lodging facility. At the time of inspection, most of the building was dark and non-operational.
Appraisal of a distressed 86-room limited service hotel located just outside of the military bases of Paris Island and Beaufort Marine Corps Air Base. Purchased in 2005, the competitive market had changed dramatically with the construction of three new hotels nearby within the next 4-year period.
Appraisal completed for estate planning purposes. Value Place- Murfreesboro, TN Value Place- San Antonio, TX Value Place-Linexa, Kansas City, MO Value Place-Knoxville, TN Value Place- Alcoa, TN
An 89-room Courtyard hotel constructed in 2006 and containing 53,839 square feet. Situated on a ground-leased site near Hudson Valley Mall.
Restaurant, B&B and Catering Facility - The appraisal of a proposed complete renovation of the property. Expanding it from its existing 26,797 SF to a proposed 34,014 SF, at a cost of nearly $2.5-million. The renovated property was to feature a 21,774 SF Restaurant/Catering Facility, in addition to the 22-room B&B, plus a 4,186 SF cottage suite. This assignment included a thorough analysis of the B&B market within the New Hope, PA area.
Hired by Capodagli Development Group for a proposed redevelopment project that included 500 Residential Apartment units, 25,000 SF of retail space and a hotel/conference center. Bruce Jones focused on the feasibility study component for a 150 room hotel and conference center with roof-top lounge, bar and restaurant component of the project. Capodagli was subsequently designated by the municipality as the Redeveloper Candidate.
Proposed 72-room, 15-story hotel within the downtown of the Jamaica neighborhood in Queens, NY. Located just 2-blocks from Jamaica Center-Parson/Archer Station and five blocks from the Jamaica Hub Station of the Long Island Railroad.
Proposed 107 Home2 Suites hotel in close proximity to Simon owned Philadelphia Mills Mall and less than three miles from Parx Casino and RAcing.
Proposed 107 guestroom Home2 Suites hotel and two restaurant outparcels on an existing 7 acre parcel. Located approximately 3-miles from Princeton University
Value place has nearly 200 hotels open and under development in 35 states. The target guest market for these Extended Stay hotels is small and mid-sized businesses owners and those on the move in their own community. Each of these five appraised were 109 rooms.
48 room Howard Johnson hotel
Feasibility Study for a Proposed 99 room Wingate Hotel. Site was located immediately off a busy interchange along I-95, approximately midway between New York and Miami.
Proposed Hawthorne Suites within walking distance of Kent State University and a downtown district which has experienced significant transformation over the last several years. Kent State is one of the largest universities in Ohio with an enrollment of 39,367 students in the eight-campus system and approximately 29,000 students at the main campus in Kent. In excess of $140-million in public and private funds have been invested in the downtown over the past 10 years based on a revitalization plan adopted by the city in 2009, resulting in 230,000 SF of new office, restaurant, residential and retail space, a new bus transit hub and 360 parking spaces, 64 new businesses, and a $4-million pedestrian and bike connection to the downtown called the Esplanade. In the wake of the downtown revitalization, Kent State University further announced in 2017 a 10-year, $1-billion master plan to enhance the university, including an addition to the Aeronautics and Technology building, a new Kent State University Airport classroom building, research lab expansion at the Integrated Sciences Building and dynamic renovations to the Memorial Athletic and Convocation Center (MAC Center) and Kent Student Center, to name a few.
6-story, 120 room select service hotel in Newark, DE, featuring restaurant, fitness room, health spa, lobby workstation, market pantry, guest laundry room, vending areas. The property included 3 acres of excess land.
Microtel is an award-winning, all new construction, economy hotel brand under Wyndham Hotels & resorts. These hotels are designed to optimize efficiencies and reduce and streamline building costs for developers. Microtel is a category-killer in the economy segment
Holiday Inn hotels, which have grown to be one of the world’s largest hotel chains, are midscale, full-service hotels
Appraisal and market study of recently completed 150 room Courtyard by Marriott. Situated on a ground-leased site.
Proposed 125 room Hyatt House restaurant in close proximity to The Haines Center, an 800-acre business complex, and NFI Park at Florence. Nearby new 526,000 SF Subaru Parts Center and training facility and the new 215,000 SF Burlington Coat Factory headquarters building.