AWH launches $20M fund
Recognizing ongoing market volatility, hospitality investor AWH Partners has launched AWH Strategic Income Fund, LP, a $20 million private real estate fund focused on acquiring income-generating hotels by using a proprietary intelligence platform to identify under-valued hospitality assets poised for long-term growth.
The fund aims to commit $5 million to $15 million per deal across five to 10 transactions, serving as a controlling equity partner in most investments. Investment targets include hotels facing refinancing pressure or owner fatigue due to elevated interest rates, inflation or capital markets illiquidity, leading to unexpectedly long hold periods for current owners.
This inaugural fund from New York City-based AWH Partners as well as legacy investors and friends of the firm is now opening to accredited investors.
The AWH Strategic Income Fund is structured to provide steady cash flow and long-term capital preservation. It intends to balance income generation with capital stability, catering to investors prioritizing both financial resilience and sector-specific opportunities.
AWH stated that a key driver of asset selection will be its technology platform that tracks and analyzes more than 600 hospitality markets. Properties affiliated with premium brands as well as established independent brands will be preferred as AWH said they offer higher occupancy and greater revenue stability.
This initiative is being led by AWH Co-founders and Managing Partners Chad Cooley, Jon Rosenfeld and Russ Flicker. The company was founded in 2010 and has invested more than $2 billion in hospitality real estate.
By Jeffrey Weinstein