SARAGO HOTEL GROUP
Real Estate & Capital Management
About
Sarago Hotel Group is a relationship-oriented company that fosters long-term partnerships with our clients, investors, owners, and operating partners. We seek to uncover and execute value-add investment opportunities for our partners while leveraging our deep industry expertise and expansive network to drive positive solutions for our clients in the following six verticals:
Acquisitions & Financial Analysis
Asset
Management
Development Management
Contract Negotiations
Debt & Equity Financing
Operations
Management
San Juan Marriott Resort & Stellaris Casino
SARAGO HOTEL GROUP
Real Estate & Capital Management
Gustavo Sarago
MaNAGING PRINCIPal
Prior to founding Sarago Hotel Group, Gustavo was Chief Development Officer for Lotte Hotels & Resorts, Americas a leading owner/operator of luxury and lifestyle hotels across the world.
Before joining Lotte, Gustavo was SVP, Head of Hotels at AIG Global Real Estate (AIGGRE) for fifteen years, where he established AIGGRE’s modern-day lodging platform through thematic-based investment strategies. Gustavo was responsible for originating, negotiating, structuring, and executing principal lodging investments on behalf of American International Group, Inc. (AIG) and the investment funds sponsored by AIGGRE. Additionally, Gustavo oversaw all aspects of portfolio management for the owned hotel portfolio totaling 3,100 rooms with revenues exceeding $200M.
Prior to AIGGRE, Gustavo was Vice President-Senior Research Analyst in the real estate research group of Friedman, Billings, Ramsey & Co. (FBR), specializing in the analysis
of publicly-traded lodging REITs and C-corps. During this time, Mr. Sarago formulated investment recommendations for institutional clients and participated in over $2.0B of lodging related capital market transactions. In 2007, Gustavo was honored in The Wall
Street Journal’s “Best on the Street” Analysts Survey for his investment recommendations in the hotel sector.
Gustavo is a graduate of the School of Hotel Administration at Cornell University and resides in New York City.
Passionate, Experienced, Results-Driven
SARAGO HOTEL GROUP
Real Estate & Capital Management
Capital Raising
We provided comprehensive support to our client by optimizing their capital structure and successfully raising limited partner (LP) capital to acquire a prime value-add investment opportunity. Our strategic approach included detailed financial analysis, targeted investor outreach, and seamless coordination, ensuring a smooth and effective capital raise. This positioned our client for meaningful growth and enhanced returns, demonstrating our expertise in facilitating high-value investments.
The Raphael Hotel,
Autograph Collection
Kansas City, MO
SARAGO HOTEL GROUP
Real Estate & Capital Management
Asset Management
We successfully oversaw the execution of comprehensive business plans, including brand-mandated PIPs and rebranding/repositioning capital programs. We have identified and engaged with premier third-party property managers, negotiated with lenders and servicers, refinanced property-level debt, facilitated partner buy-outs, and managed the disposition of investments. Our expertise ensured optimal financial performance and strategic growth for each asset under our management.
Keys: 6,000
Affiliations: Marriott, Hilton, IHG, Hyatt & Independent Affiliations
Properties: 34
Markets: Urban core; suburban, resorts,
university-anchored markets
Ritz-Carlton & Courtyard French Quarter
San Juan Marriott Resort & Stellaris Casino
San Juan, Puerto Rico
New Orleans, LA
Includes projects that Sarago Hotel Group (SHG) principals were involved with prior to formation of SHG
SARAGO HOTEL GROUP
Real Estate & Capital Management
Development
We have successfully negotiated Joint Venture agreements, franchise license and hotel management agreements, ensuring strong and mutually beneficial partnerships. We have structured ground leases, secured construction financing, and negotiated GC agreements to streamline project development. We have obtained financial incentives from brand and management companies, which have enhanced project returns. Our expertise and strategic negotiations consistently deliver results for our stakeholders.
Embassy Suites
New York City
Keys: 1,500
Affiliations: Marriott & Hilton
Project Cost: $470M
Markets: Primary & Secondary
SpringHill Suites/Residence Inn
Downtown Waterfront
Hampton Inn & Suites Capital Riverfront
Open
Space
AC Marriot Downtown Minneapolis
Hilton Garden Inn Downtown Seattle
Aloft Gainesville
University of Florida
Includes projects that Sarago Hotel Group (SHG) principals were involved with prior to formation of SHG
SARAGO HOTEL GROUP
Real Estate & Capital Management
Acquisitions
We leverage data to drive thematic-based investment strategies through economic cycles and across the capital stack. We have successfully originated, negotiated, structured and executed principal lodging investments on behalf of our clients.
Hampton Inn & Suites
Saratoga Springs
Aloft Nashville
West End
Hyatt Place
Univ. of South Carolina
Hilton Suites
Lexington
Aloft
Plano
Aloft
Frisco
Keys: 4,600
Affiliations: Marriott, Hilton, IHG, Hyatt & Independent Affiliations
Properties: 28
Markets: Urban core; suburban, resorts, university
-anchored markets
Aloft
Las Colinas
Aloft
San Antonio
Doubletree by Hilton
Minneapolis/Uni. Area
Includes projects that Sarago Hotel Group (SHG) principals were involved with prior to formation of SHG
