ARLINGTON, Virginia—Badlands Lodge Capital introduced that it has been appointed by Blue Water Growth to supply asset administration for 9 motels and outside hospitality properties throughout six East Coast drive-to resort markets, operated by three administration corporations.
“We’re excited to have Badlands Lodge Capital overseeing our owned belongings and serving to us and our working companions drive efficiency and worth for these properties,” stated Todd Burbage, chief government officer of Blue Water Growth. Todd additional commented, “I’ve identified the Badlands staff for a number of years and have been impressed by their information of the hospitality enterprise and their deep possession and operational expertise.”
“We’re thrilled to accomplice with Blue Water Growth and look ahead to bringing our possession and asset administration experience to their distinctive portfolio of drive-to resorts,” stated Al Younger, principal at Badlands Lodge Capital. “We imagine our immersive, ownership-minded method to asset administration will allow us to assist Blue Water enhance the operations and develop the worth of their hospitality belongings.”
The properties are:
In Ocean Metropolis:
- The 145-room Commander Lodge & Suites
- The 60-room Sealoft Oceanfront Lodge
- The 120-room Aloft Ocean Metropolis
- The 52-unit Shore Level Cottages
Others:
- The 67-room Bay Resort Waterfront Lodge in Dewey Seashore, Delaware.
- BlueFin Bungalows and Marina within the coronary heart of Chincoteague Island, Virginia
- The 100-room Drifting Sands Oceanfront Lodge in Ship Backside, New Jersey
- The 85-room Crystal Coast Oceanfront Lodge in Atlantic Seashore, North Carolina.
- The 112-room Consolation Inn & Suites in Daytona Seashore, Florida.
With the addition of the Blue Water Growth portfolio, Badlands Lodge Capital now gives asset administration providers for a complete of 25 lodge and RV campground properties throughout North America.
