Business plans & budgets
Establish operating targets, capital priorities and approval thresholds. Review material changes against the investment case, liquidity and expected outcomes.
Asset management
We monitor performance, capital needs and major decisions across hotel ownership, preferred equity and credit positions, within each investment’s negotiated rights.
Our role
We turn underwriting into operating targets, capital budgets and milestones, then work with sponsors, operators and specialists to address variances.
Establish operating targets, capital priorities and approval thresholds. Review material changes against the investment case, liquidity and expected outcomes.
Review operating statements, cash flow, budget variances and execution milestones. Challenge underperformance and coordinate corrective action with the operating partner.
Define reporting obligations, major-decision approvals and escalation mechanisms in the investment agreements. Align authority with the responsibilities we undertake.
Oversee renovation, repositioning and other approved initiatives, tracking delivery, costs and the effect on asset performance.
Lead financing, refinancing and disposition strategy. Compare the remaining ownership case with execution alternatives, costs and capital requirements.
Provide investors in Alterra-sponsored vehicles with operating updates, financial reporting and material developments, with distribution and tax-document workflows coordinated under the governing agreements.
Operating partnerships
Alterra oversees the investment. Operating teams manage daily property operations and project delivery under the approved plan. Reporting obligations and decision rights connect those responsibilities.
The governing agreements establish the scope of asset management, transaction authority, compensation and remedies for each investment.
Contact
For investment and property partnership inquiries.