Ryan will dives deep into the process of acquiring and converting hotels, including the challenges and lessons he has learned along the way. Additionally, we’ll go into detail on the importance of thorough due diligence, construction budgeting, and engaging with local municipalities.
Although much of the hospitality industry has rebounded from Covid, many hotels are stiff facing headwinds. What compounds this challenge is the requirement national brands place on operators to invest large sums of money into their properties to maintain certain standards.
Sage Investment Group Donates Hundreds of Furniture Items in Olympia Hotel's Redevelopment
Sage Investment Group, a real-estate firm that purchases hotels to convert them to usable affordable housing, recently donated 430 pieces of furniture to various local nonprofits as part of the redevelopment process of the firm’s recently acquired Olympia Hotel.
Ryan Sudeck, CEO of Sage Investment Group, discusses their strategy of converting hotels into apartment buildings to address the affordable housing crisis.
Tacoma hotel turned apartment complex opens tenant applications
Another motel converted into apartments is now taking applications for tenants in the city of Tacoma. This new project, by Sage Investment Group, converted the former Hotel Thea into studio apartments.
Transforming Hotels into Affordable Housing: Inside Sage Investment Group's Strategy
Join us on this episode of 'The Fully Funded Show' as we sit down with Ryan Sudeck, CEO of Sage Investment Group, to debunk the myth of passive income in real estate and explore innovative strategies like hotel-to-apartment conversions
Turning Hotels Into Apartments To Fix the Affordable Housing Crisis in America
In the latest episide of CREInsights, Connor got the opportunity to chat with Ryan Sudeck, CEO of Sage Investment Group. Sage is tackling America’s housing crisis by converting hotels into long-term multifamily housing.
Kirkland’s Sage Investment Group Tops $100M Mark in Investments for Housing
Kirkland-based Sage Investment Group announced this week that it has surpassed $100 million in investments, including $23 million in the first quarter this year.
