Preferred Equity: What Limited-Service Hotel Investments Have to Offer in a High Interest Rate Environment

In the midst of inflation, high interest rates, and economic uncertainty, limited-service hotels (such as Courtyard by Marriotts, Hilton Garden Inns, etc.) offer unique opportunities for investments. Real estate remains a hedge against inflation, and specifically, limited-service hotels offer additional benefits such as daily rate pricing power and lesser labor costs than other hotel types.

Join us as we discuss our newest program which offers investors the opportunity to participate in providing capital for a required renovation of the dual-branded Hilton Garden Inn/Homewood Suites in Jacksonville, FL:

  • – Preferred Equity Position
  • – 9% Annualized Preferred Rate of Return Paid Monthly
  • – 3-5 Year Hold Time (Estimated)

Gentry Mills Capital is a real estate investment firm whose purpose is to seek out, package, and provide high quality, commercial real estate investment opportunities. Our successful track record is a result of our proven strategy: acquire high quality, limited-service hotels for a low-cost basis in strong markets, surrounded by year-round room night generators. Of 39 total programs, 17 have gone full cycle and the remaining 22 are still active. Our strong track record is a result of our commitment to high quality assets, transparency, and unsurpassed customer service.

 

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Billy Glass has been involved in the commercial real estate business for more than 40 years. He began his career with Hank Dickerson & Company, a Dallas-based, commercial real estate brokerage and development company, where he received extensive training in all facets of the commercial real estate industry. Mr. Glass quickly became one of the firm’s sales leaders and was first exposed to the utilization and structure of real estate partnerships. In the fall of 1983, Mr. Glass started his own commercial real estate company, raising capital for income-producing, commercial real estate projects, as well as land development. He completed 60 real estate-related joint ventures and raised in excess of $30,000,000 before selling the firm in 1989 to a publicly traded company based in Atlanta, Georgia. In 1990, Mr. Glass began working as an External Wholesaler and Consultant, raising equity and debt capital for business enterprises and commercial real estate developments located throughout the United States. Between 1990 and 2006, Mr. Glass raised more than $250,000,000 through the broker dealer community.

In 2006, Gentry Mills Consulting, LLC, originally formed in 1998, was renamed Gentry Mills Capital LLC. Mr. Glass has led the GMC Team in raising over a quarter of a billion dollars for GMC investment offerings.

Billy Glass served on the Board of Directors for Special Olympics of Texas, as well as currently serving as the Chairman of the Board for Bill Glass – Behind the Walls Prison Ministries. Mr. Glass attended Baylor University and is a licensed Real Estate Broker. He and his wife, Laura, live in Southlake, Texas and have three grown children and three grandchildren.

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Josh Glass is the Vice President of Gentry Mills Capital, as well as the External Wholesaler for the firm. Additionally, he facilitates the due diligence process for each offering, providing all due diligence information to Broker-Dealers and overseeing compliance. Mr. Glass also oversees the CRM tool and Investor Management software used by Gentry Mills Capital to ensure all advisor and investor information is secure and in good order. He joined Gentry Mills Capital in March 2015 after working five years with the nationally known, non-profit organization, Behind the Walls Prison Ministries, where he assisted the founder in raising funds from various high net worth individuals and corporate sponsors. Mr. Glass is on the Board of Directors of the Bill Glass–Behind the Wall Prison Ministries and is a graduate of Baylor University. He resides in Argyle, Texas with his wife and three children.

Date

May 09 2024
Expired!

Time

12:00 pm - 1:00 pm

Local Time

  • Timezone: America/New_York
  • Date: May 09 2024
  • Time: 12:00 pm - 1:00 pm

Virtual Event

Category