LOOKING AROUND THE DEVELOPMENT LANDSCAPE, MOST GREAT DEVELOPMENT OPPORTUNITIES LACK TWO FUNDAMENTAL INGREDIENTS, EXPERTISE & FINANCING.
Isn't it strange that the door to success for so many great projects is closed for two such simple reasons. Experience & Financing, particularly when there is so much of both around.
As we look around the world at the development opportunities that are in various stages of completion, we realised that there are two major components generally missing from most of the projects. It would seem that those that want to develop but who have not done so before are happy to proceed with the key ingredients in the belief that they think they know what they are doing and the other two will follow. They may well have some major parts in place and then start looking for the Financing.
- Where. Land owned or optioned.
- What. Masterplan & facilities plan done either in preliminary or final form
- How much. Feasibility Study completed & realistic development budget done.
The two major items missing at this point are the Team and the Financing. One thing does not come without the other.
I learned a long time ago that investors invest in People, not in Projects.
And what do we discover is missing in most projects? The Team. The experienced Hospitality Team that has done projects of this scope and magnitude before. A Team that can solve the problems before they erupt, prepare for the next phase, pave the way for success and avoid the mistakes. The people that can manage the project, deal with the General Contractor, the Interior Designer, the Kitchen & Laundry Planner and the Operator. The expertise that can review the Feasibility Study and sanity check the conclusions, support the rationale and determine the market positioning.
Without this, the Investors will not invest, the Lenders will not lend and the project will not get developed.
With this huge opportunity in mind, Axis Hospitality has partnered with a recognised resort residential real-estate development group and a major investment brokerage firm to provide the team and the funding to a select group of solid, reputable developers who lack the most important ingredients to launch their projects.
For information on these critical services, contact Axis Hospitality at, firstname.lastname@example.org