

Investment Strategy
We focus on value-add hospitality opportunities where a PIP or renovation is a key driver of value creation.
- Hotel repositioning and renovation projects
- Brand-mandated Property Improvement Plans (PIPs)
- Assets undergoing operational or brand upgrades
- Projects where FF&E scope is material to overall investment performance

Where we Invest
We invest across a range of hospitality asset types, including:
- Select-service and full-service hotels
- Boutique and lifestyle hospitality assets
- Resorts and mixed-use hospitality developments
- Branded residences and hospitality-led real estate

Our Advantage
Integrated Capital and Execution. PK Capital Partners is uniquely positioned through its integration with PK SPACES allowing us to support projects with:
- Value engineering that improves project economics
- Multi-regional manufacturing and procurement capabilities
- Accelerated timelines through streamlined execution
- Alignment with brand standards and design intent

Investment Criteria
We selectively invest in projects where:
- A PIP or renovation is central to the business plan
- Execution timing and cost control are critical to returns
- Ownership seeks a partner aligned beyond capital
- There is a clear path to improving NOI through efficient delivery

Target Market
Focuses on key U.S. hospitality markets including but not limited to:
- Texas
- California
- New York
- Georgia

Investment Horizon
Flexible approach to structuring investments, aligning capital with the specific timeline and execution requirements of each case. Typical parameters are:
- Investment horizon: 5–10 years
- Strategy: Value-add and repositioning driven by PIPs and renovation scope or new development
- Structure: Co-investment alongside ownership, developers, and operating partners
- Exit: Stabilization, refinance, or disposition following completion of the business plan
Discuss a Potential Investment
If you are developing a new hospitality project with PIP or renovation scope, we would welcome the opportunity to review it with you.
We can provide input on both the investment structure and the execution approach, helping align capital, scope, and delivery early in the process.

