Category: Uncategorized
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Solving for Affordable Housing with Hotel Conversions — With Alex Cartwright
Apr 01, 2024UncategorizedRead MoreGood multifamily deals have been hard to find in recent years. And Alex Cartwright was struggling to compete with more experienced investors. He was looking for a niche that would give him a unique advantage. That’s when he met a broker at a conference who suggested converting a hotel into apartments. Alex thought it sounded […]
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Under The Radar Niches: The Economics of Hotel Conversions with Alexander Cartwright
Read MoreMar 16, 2024Uncategorized -
Timing Your Real Estate Investment Right for Alpha Gains with Alexander Cartwright
Read MoreOct 19, 2023Uncategorized -
Contractors, Closers & Connections: Investments at Ivy
Read MoreSep 29, 2023Uncategorized -
Hotels to housing: GR company aims for affordability
Jul 18, 2023UncategorizedRead MoreA company based in Grand Rapids is converting hotels into affordable housing. Vilicus Capital, a private real estate equity company, started focusing on hotel conversion in 2021 as a way to offer affordable housing to residents while making it a profitable project for investors. Alex Cartwright, a managing partner of Vilicus, and Joseph Bowen, the […]
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Is West Michigan ripe for hotel-to-residential conversions? A local developer thinks so.
Jul 13, 2023UncategorizedRead MoreA Grand Rapids multifamily real estate investor is revamping his firm to concentrate on converting extended-stay hotels into much-needed workforce housing.