Hotel Development & Investment

sponsor equity

The equity capital a sponsor invests in a project when it is initiated, commonly in a special purpose vehicle (SPV) established for the development pr [...]

sponsor equity2024-09-16T09:27:59+02:00

land banking

A real estate investment scheme that involves acquiring undeveloped plots of land with the intention to sell it at a profit once it has been entitled [...]

land banking2024-09-16T09:24:54+02:00

closeout

The process that formally completes any remaining contractual obligations of contractors to perform construction works in the production of a built as [...]

closeout2024-09-16T09:21:50+02:00

termination

1. The ending of an arrangement or contract.2. The transfer, sale or other means of asset disposition, typically when the asset has reached the end of [...]

termination2024-09-16T09:28:51+02:00

operations

The organized use of a property and delivery of the products and services for which the property was developed. [...]

operations2024-09-16T09:25:52+02:00

operator selection

The systematic and independent selection and appointment of an operator and property manager to take over the hotel upon completion of the project con [...]

operator selection2024-09-16T09:25:54+02:00
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