Boutique Hotel, Ground Up New Construction, Syndication.

[Amy Ranae]

Investment Info:

Other commercial investment investment in Taylors Falls.

Purchase price: $11,000,000
Cash invested: $4,000,000

Taylors Falls is a historic river town nestled on the banks of the St. Croix River Valley. The area draws hundreds of thousands of outdoor enthusiasts throughout the year for hiking, kayaking, weddings, wineries and more. We are building a 36 unit boutique hotel. Cedar + Stone Nordic Spa will offer sauna and spa experiences and guest can refuel in our taproom with local brews and small bites.

Accredited and interested? More info here:
https://brickandbanister.com/hotel/

What made you interested in investing in this type of deal?

I love airbnb and new construction. This project is at an exciting scale that incorporates team building, project management, syndication, and community development. It has been SO FUN!

How did you find this deal and how did you negotiate it?

I've been working with the city and county for a year or so. It was unlisted commercial property owned by the city

How did you finance this deal?

Syndication and commercial construction loan.

How did you add value to the deal?

I'm bringing the team: architects, designers, planners, builders, investors, lenders, etc.

What was the outcome?

Yet to be seen, but it has been a FUN journey thus far!