Hilton Garden Inn Columbia – 83 Rooms
Hilton Garden Inn Columbia – 83 Rooms

Ground Up Development

Rationale

  • Disciplined Acquisition
  • Margin Improvement
  • Cost-Effective Re- Development
  • Brand Relationship
  • Ground up development of an upscale 126-room Hotel in a high barrier to entry market.
  • Through Baywood’s local affiliation with brokers and land developers, Baywood was able to acquire Hotel pad site in a premiere high barrier to entry mixed-use development.
  • Through community relationships, Baywood was able to reduce development time by 25%
  • Exited in 2008 to an affiliate of Apple REIT.
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