Global Capital Group Portfolio
The Global Capital Group portfolio is diverse and represents our key specialties that include hotels, multi-family units, self-storage facilities, and land syndication.
FUTURE PROJECTS
Red Fort Self Storage
Marysville, CA
Red Fort Storage (RFS) is a proposed storage facility to be constructed near the borders of Linda, Marysville and Olivehurst CA. The 382-unit facility will also include 300 private mailboxes. In addition, there will be rental parking for recreation and private vehicles, 26 covered and 99 uncovered. The business is in an area where the existing competition is over 95% occupied. The local area is experiencing both development and population growth and, according to a feasibility study commissioned by the principals, the units added by this project should be fully absorbed by 2024. For example, a Hard Rock Casino and Hotel was recently constructed in Wheatland (approximately 10 miles south of Marysville) that added direct and indirect jobs to the area.
Gerber Self Storage
Sacramento, CA
This current parcel is being rezoned for a self-storage. Self-Storage is an excellent development opportunity boasting unmatched accessibility in a rapidly growing Sacramento market. This 176,000 SF self-storage facility is being developed in heart of major housing development and adjacent to Walmart. In additions with entitlements to build 176 class A apartments.
El Dorado Hills Self Storage
El Dorado Hills, CA
The subject site is of adequate size to accommodate both the self-storage uses as well as the overly wide and tall RV/Boat stalls. Traffic Counts are adequate to support the use with over 24,702 cars passing the site every day. The facility may have a mix of typical self-storage units with enclosed RV stalls. The self-storage has been designed for a total of 530 self-storage units in approximately 85,890 square feet of storage plus 90 enclosed RV/Boat stalls.
Old Amador Court House
Jackson, CA
Our plan is to develop to restaurant and roof top bar and jailhouse brewery, banquet hall and offices. In addition we will be adding 13 upscale townhomes to property. The Amador County courthouse and Hall of Records in Jackson CA was rebuilt in 1939-40 The previous courthouse and Hall of Records on the site, built side by side in 1863 which was the superior court of Califonia, Amador county administrative office, and county jail.
Linda Retail Center
Linda, CA
4.77 Acres Available. Zoning allows for retail and other commercial. Surrounded by fast food restaurants, motels and gas stations. Out Parcel to Walmart Supercenter. Services at Site. This site is close to the Costco that will be new built. There has been major development in the area.
1,000 lot community situated in a bucolic location in Lincoln, California. Lincoln and nearby Roseville are some of the fastest growing communities in the nation. Entitlements commenced in 2024.
Vineyards in El Dorado Hills
42 1-acre lots located a gated community situated on 118 acres of gentle rolling topography. Plans are underway to build 42 custom homes sized minimum 4,000 SF with prices starting in the low $2 Millions
HOTEL PROPERTIES
GLOBAL CAPITAL HOTEL COLLECTION
And a description of our purchases, redevelopment and rebranding.
2017 – Zalanta, South Lake Tahoe
Development – Phase 1 constructed in 2017, Phase 2 construction starting May 2023 (permit pending), Phase 2 construction costs approximately $75M.
2019 – Hampton, Grass Valley, CA
Development – Purchased a 2-acre property in 2019 and underwent a 3 year entitlement for a 79 room hotel and wine bar. $18M construction project set to commence in April 2023 (permit pending).
2022 – Hilton, Plymouth, CA
Development – Acquired a 17 acre property in 2021 located in the Shenandoah Wine Country town of Plymouth. Entitlements are underway for 2 Hilton hotels plus 40 for-rent individual cottages. Asset compliments a to-be- constructed casino contiguous to the site, construction timing is second quarter 2023.
2016 – Chimney Cove, Hilton Head, South Carolina
Redevelopment – Acquired a 52-unit apartment community in Hilton Head that overlooks Palmetto Dunes Golf Course in 2016 and current re-entitling for a 102 unit condo hotel. Construction to begin late 2023.
2012 – Best Western, Silverdale, WA
Value-Add – Acquisition of a trophy waterfront property with 150 rooms. Property Improvement Plan of $2M performed in 2012 enabled a rebrand from private to Best Western which increased revenue by 110%. Currently performing an additional Property Improvement Plan of $5M to rebrand the hotel to a Hilton. Anticipated additional revenue increase of 40%.
2015 – Grand Hilton Inn, Hilton Head, SC
Value-Add – Acquired a 79 room privately ran hotel in 2015 located 100 yards from the Atlantic Ocean. Rebranded through a Property Improvement Plan of $6M in 2018 which led to a revenue increase of 275%.
2015 – Best Western Ocean Breeze Inn, Hilton Head, SC
Rehab – Acquired a to-be-condemned hotel and completely remodeled at a cost of $6M. Once rebuilt the hotel was branded a Best Western and currently performs at 80% average occupancy.
2007 – Best Western Plus Hannaford Inn Cincinnati
Value-Add – Acquisition of a privately operated hotel with extensive renovations via a Property Improvement Plan of $3M which enabled the hotel to qualify for a Best Western Plus flag which increased sales 100%. Currently rebranding to a Marriott, additional revenue increase of 40% anticipated.
2016 – Best Western Premier Jacksonville, FL
Value-Add – 164 room acquisition. Fully renovated the rooms and case goods at a cost of $8M. Hotel was sold for a 55% profit.
2018 – Palazzo Lakeside Hotel, Kissimmee, FL
Value-Add – 228 room trophy acquisition that underwent a complete renovation via a Property Improvement Plan of $30M in 2018. Hotel was sold after rehab and stabilization for a 56% profit.
2015 – Clarion Hotel Orlando Airport, Orlando, FL
Value-Add – This property was acquired in 2015. The 330 room hotel had been closed for 5 years. In 2017 we remodeled the entire hotel at a cost of $8M and once stabilized in 2018 the hotel was sold for a 60% profit.
2017 – Stay Sure by Best Western – Clearwater, FL
Value-Add – This hotel was acquired in 2017 and the hotel was shut down. The hotel was opened in 3 months. PIP of $2.5M, 122 rooms. Sold in 2020 for a 25% return.
2022 – Econo Lodge, Stockton, CA
We acquired this 125 unit property in 2022 below market value due to poor operations and spent $2M on remodeling the hotel and branded it as an Econo Lodge. Revenue forecast increase over 100%.
2021 – National Hotel Jackson – Jackson, CA
Value-Add – We acquired this boutique 36 room hotel in 2021. It was originally built in 1853 and underwent major renovation in 2010. We are currently performing a Property Improvement Plan and rebranding the hotel to the Hilton brand Tapestry Collection by Hilton.
2022 – Holiday Inn Express, Rocklin, CA
Purchased in a high barrier to entry market in 2022.
