Urbana Varro, LLC announced today the release of its second hospitality related opportunity fund, The Urbana Varro Opportunity Fund II. Its investment strategy will consist of wholly-owned and co-equity investment strategies with institutional partners to acquire full-service brand-name, boutique and resort hotels located throughout the top metropolitan statistical areas of the United States.
“We believe Fund II offers a possible solution for investors seeking current income and attractive overall returns.” says Allan Gutierrez, CEO of Urbana Varro. The Fund II intends on deploying upwards of $100 million dollars when combined with our institutional capital and focus on acquiring.
The Opportunity Fund II will operate like all preceding commercial real estate investments – investors first. Urbana Varro subordinates its economic interest until the investors have received a preferred return – a return of their invested capital before sharing in the profit split thereafter. In this case, the Fund II will split profits 90% to its individual investors and 10% to Urbana Varro. For more information, please contact Urbana Varro at (972) 516-0700.