I am seeking sponsor capital, investors, and partners for hotel development in Los Angeles. This is for a ground up modular construction on a podium, 174 rooms, 2 restaurants, amenities, and a 320-car automated parking facility. The design is California Mid-Century Modern. We are raising capital to acquire, entitle, and develop the project. The remaining capital stack (multiple options) will be placed for construction.

Summary:
• 174 room boutique branded lifestyle hotel
• 320 – car automated parking facility
• 2 restaurants
• Pool with bar
• Modular construction
• Investment is to acquire / entitle
• Multiple capital stack options upon entitlements
• Excellent Returns
• Project NOT for sale
• Seeking qualified Investors / Sponsors / Partners
• $19MM in equity / debt initial placement
• Project cost under $73MM
• Broker referral fee available