All Forum Posts by: Rick Tripp

Josh,
I want to develop and hold a mixed use project that will include an entertainment facility (think auditorium, concert hall), a hotel, retail and office space. I believe we can achieve a 50/50 equity to debt ratio. 90% distribution and 100 shareholders are not a negative.

Scott,
Thanks.

Bryan,
I will check it out.
Looking at REITs because I don't know about their application and best use. What better place to learn than BP?

Scott,
I'm really not sure. If you have expertise and/or experience with RIETs perhaps you'ld be willing to email or call me. I'd certainly appreciate any insight you might share.

Bill,
Sorry, I'm a little late to the party.
If I may ask, what's the extent of your experience with commercial notes on this subject?

Has anyone ever formed a REIT?

An interesting chain of events may put me in position to develop the only on-airport hotel at a U.S. international airport without going through the airport management's RFP process. The airport management wants a 200 key, 3 to 4 star hotel.
Here's the problem, I've never done a hospitality development.
I'd be interested in discussing any experience you have with funding options, hotel development consultants, hospitality partnerships, management, etc.
Preliminary cost estimates are about $40M, we have $10M.
Thanks in advance for you input.

From one Sacramentan to another, welcome.

Hello Scott and welcome to BP. We get more and more Sacramento area members all the time. You'll find great content here.

Hello Alicia,
Wecome to BP. Always a pleasure to see another Sacramentan on board.

Hello Teresa,
It's always good to see more Sacramento region members of BP. Anytime you want to "bounce ideas off someone" I'm sure you will get a lot of valuable information in these forums.

Hello Sam,
Welcome to BP.
There are many BP members that are part of the "local scene" here in the Sacramento area, excellent information as well.