Investment Initiatives

The difficult economic environment, lingering credit crisis and still evolving government response combine to create a unique and compelling investment opportunity to acquire hospitality and recreational real estate assets and loans at historically unprecedented prices.

Global recessionary pressures accompanying the credit crisis and extraordinary debt financing challenges will serve to further suppress commercial real estate values in 2009.  The pincers of illiquidity and deteriorating operating performance will motivate not just lenders to sell quickly; but also traditional owners like REIT’s, private equity funds and formerly high net worth individuals. 

The hospitality and recreation industries have demonstrated their cyclical investment appeal and Moeckel is once again pursuing his proven investment strategy of acquiring distressed U.S. properties, enhancing their value and realizing outsized investment returns.  His focus is on acquiring assets and loans on properties impaired by capital constraints, underutilization, mismanagement and other market conditions at deep discounts to both value and replacement cost.

Many of the initial opportunities will present otherwise rare early exits; where outsize returns will be generated without protracted holding periods, additional capital infusions for property repositioning and extended market risk.  This time around, the majority of the hotel assets conveying will have recently been developed, renovated or repositioned with appropriate long-term brand and management affiliations in place.  Opportunity selection, initial pricing and terms, effective asset management and strategic exit strategies will therefore become major factors in determining investment performance.   

Moeckel seeks to create proprietary opportunistic investments by leveraging his extensive network of contacts developed over 30 years in the hospitality industry.  He has a unique deal flow emanating from direct relationships with senior executives in the lodging and recreational land development industries.  Through this active sourcing, he is able to identify investment opportunities below the radar screen of larger national buyers.