Pharos Hotel Fund I is a new institutional-grade hotel owner/operator fund that fully integrates fund management and property operations.
Single Manager for Investment Fund and Hotel Properties
All management duties for Pharos Hotel Fund I and the properties are aligned and integrated into a single platform, eliminating the need for a third-party manager. The result is an anticipated increase of 30% or more of leveraged cash flow at each property.
Low Leverage/Less Risk
All hotel properties will have low debt leverage, 50% maximum, and a high debt service coverage ratio, 2x plus, to protect investors equity and reduce risk. No debt refinancing will be utilized.
Defined Portfolio Strategy
Pharos Hotel Fund I will invest only in institutional-grade properties in upper upscale and upscale categories that are located in mixed-use settings.
Franchise agreements have been secured with Hilton and Hyatt.
Pharos Hotel Fund I portfolio offers institutional buyers a variety of exit options.
Targeted Returns
Pharos Hotel Fund I is expected to achieve a 9% compounded return with an IRR of 25%.