Home/Portfolio

What we have

Nine assets held today

Estates in Arizona, inns in Maine and one mixed-use building in Chicago, listed with the numbers we use internally. Schedule values as of September 2026; appraisals are identified where they exist.

Schedule value
$37.9M
Nine assets
Debt
$17.0M
Current balances
Loan to value
45%
Portfolio
Gross equity
$20.9M
Before $3.99M remaining capex
Valley Vista

Arizona · Operating · phase 1 renovation

Valley Vista

3265 E Valley Vista Ln, Paradise Valley, AZ

An 11,600 square foot La Colina estate on the edge of Camelback Mountain. Ten bedrooms, a courtyard fountain, a lap pool and a detached casita. Bought right in 2022 with minimal cleanup, it is the largest single-family short-term rental in the portfolio and the anchor asset in Paradise Valley.

Value
$7.925M
Appraised, Jan 2026
Size
11,600 SF
10 BR main house + casita
Revenue
$616,694
In place, annual
All-in cost
$3.55M
2.23× at appraisal
Wild West Estate

Arizona · Operating

Wild West Estate

2913 N 75th Pl, Scottsdale, AZ

Bought for $575,000 in 2016 and rebuilt for groups: resort pool with swim-up bar, casita, rooftop deck, putting green and bocce court. Revenue moved from roughly $150,000 to more than $420,000 a year. This is what the operating engine produces when it has to do all the work.

Value
$2.9M
Schedule; appraised $2.7M
Revenue
$421,734
In place, annual
Bought
$575,000
2016
Reinvested
$1.06M
Improvements + furnishings
Sunset Valley

Arizona · Under construction

Sunset Valley

4669 E Sunset Dr, Phoenix, AZ

A 9,600 square foot courtyard estate designed by Parsons Design Build with Atmus Design Studio. Casita, courtyard pool and a second entrance for staff and service. Measured the way a construction lender measures it: $2.44M of debt plus $3.24M to complete against a $10.5M as-complete appraisal.

As-complete value
$10.5M
Appraised subject to completion
Size
9,600 SF
On a 15,000 SF footprint
Cost to complete
$3.24M
Own take-off, 8,100 SF at $450
Residual value
$4.82M
On delivery
75th Place

Arizona · Entitled land

75th Place

2919 N 75th Pl, Scottsdale, AZ

The lot next to Wild West Estate, zoned R-5. The concept is a ten-key hospitality street built in the language of Arizona's Old West, operated from the estate next door. Land is held; the plan is a development option, not a commitment.

Value
$1.15M
Schedule
Bought
$202,400
2017 · 5.68× at value
Zoning
R-5
Multifamily
Concept
10 keys
Old West hospitality street
North Hayden

Arizona · Held

North Hayden

28484 N Hayden Rd, Scottsdale, AZ

Bought right in 2018 for $1,000,000 with no renovation and nothing booked against it since. Appraised at $2,832,000 in August 2026. The family home, and the cleanest illustration in the portfolio of what buying well does on its own.

Value
$2.832M
Appraised, Aug 2026
Bought
$1,000,000
2018 · nothing booked against it
Gain
$1.83M
2.83× unlevered
Debt
3.375%
28% LTV
Greenleaf Inn

Maine · Operating

Greenleaf Inn

65 Commercial St, Boothbay Harbor, ME

A harbor-front inn on Commercial Street with a third-floor sky deck over the water. Renovation and design overhaul after a 2023 closing that brought Greenleaf and Admiral's Quarters in together. The operating base for the Maine team.

Value
$2.75M
Schedule; appraised $2.225M
Revenue
$342,905
In place · $450K stabilized
All-in cost
$1.59M
1.40× at appraisal
Debt
6.75%
Bank financing
Admiral's Quarters

Maine · Operating

Admiral's Quarters

71 Commercial St, Boothbay Harbor, ME

A historic inn a few doors from Greenleaf, with a glass-roofed solarium and wraparound porches facing the harbor. Renovation and design overhaul; revenue tripled in two years. Same innkeeper, same crew, which is the whole point of buying a village rather than a building.

Value
$2.3M
Appraised
Revenue
$401,871
Tripled in two years
All-in cost
$1.50M
1.54× at appraisal
Equity IRR
100.5%
Levered, unrealized
Welch House

Maine · Under renovation

Welch House

56 McKown St, Boothbay Harbor, ME

The largest of the Boothbay inns, up the hill from the harbor. Closed April 2026 and under renovation to eighteen keys with a full design package by the in-house studio. The asset that moves the Maine collection from a pair of inns to a real hospitality footprint.

As-complete value
$4.03M
As-is appraised $3.28M
Keys
18
After renovation
Remaining capex
$750,000
Estimate
Stabilized
$900,000
Pro forma
1022 W Belmont

Chicago · Operating

1022 W Belmont

1022–24 W Belmont Ave, Chicago, IL

A Lakeview mixed-use building on Belmont Avenue, held since 2012. Retail at the street and apartments above. It sits outside the hospitality thesis and is listed because it is part of the balance sheet behind the platform.

Value
$3.5M
Schedule
Revenue
$350,000
In place, annual
Bought
$1,650,000
2012 · 2.12× at value
Debt
$1.8M
Current balance

Pipeline

Under contract, not yet counted

Valerie's Inn and Captain Sawyer's, both on Commercial Street in Boothbay Harbor, are under contract and are not included in any figure on this site until they close.

Investors and lenders

Want the full book?

The portfolio book, property summaries and the schedule of real estate are in the data room. Or write to Sean directly.