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FUNDING TOOLS
Get Your Condotel Project Funded!
Condotels, or Condo Hotel, are a new trend in the hospitality industry. A condotel is a condominium that acts like a hotel room; the whole hotel building is run like a hotel by a property management company and the owners can live in their units or rent them. The renting may go through the hotel’s rental program which means that the unit is rented at market rates to transient guests. The owner pays the management company a certain percentage of rental revenue in exchange for booking the room, providing housekeeping services, etc. Owners also have to pay some maintenance fees for the upkeep of the common areas.
It is essential to hire a trustworthy management company as it is often the management company that runs the whole building, though it is also possible to hire an outside company to manage an owner’s condotel property. Many condotels are built in popular tourism destinations which is a guarantee of a good rent income.
OUR PRIDE
OUR EXPERTISE
OUR STRENGTH
OUR CONTACTS™
Here are the types of instruments we offer to fund condotel projects:
- Debt-equity
- Debenture
- Common stock
We work in the range of USD $7 million up to USD $500 million+ worldwide.
Fill out the form here and tell us about your project.
Get Funded.
DID YOU KNOW?
We charge:
* No Upfront Fees
* No Application Fees
* No Revision Fees
* No Stand-By Fees
* No Retainers
In committing our own funds, we can help you realize your project!
On the premise that a single firm can combine Funding and Professional Consulting, we can stimulate optimal performance for its clients. Since inception, our success has come from its culture, which strives to foster the same values that help any business succeed: Hard Work, Common Sense and Integrity.
Project Range: $7M-500M+
Winner of 2009's Best of Business Award by the SBCA!
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We welcome the opportunity to talk with you about your project and the funding it requires.
In order to do so, please click on the button Request Info below and fill out the form - or email us directly! We will get in touch with you shortly.
390 N. Orange Ave, Ste 1800. Orlando, FL 32802 | email: g.herard@gillesherard.com | call: (321) 424-6074
