01Position
Theosis acquires and repositions distressed and overlooked hotels as principal and operator, not as adviser, broker, or allocator of someone else’s capital.
A financial buyer prices what an asset has done. We price what it would do under different hands, then take the position and do the work ourselves.
Underperforming, mismanaged, or fatigued assets. Lender-owned real estate, receiverships, defaulted paper, pre-foreclosure situations.
Branded or independent. Deferred PIPs, expiring flags, and franchise complications are welcome. That is the work.
Primary, secondary, or tertiary. We underwrite the market as carefully as the asset.
Outright purchase, note acquisition, JV recapitalization, lease with participation, or operating partnership.
Principal decisions, made quickly, by the person who will operate the asset.
We don’t pursue opportunities. Opportunities pursue us.
We are deliberately boutique, and intend to remain so. Volume is not the objective. Outcomes are. Every asset receives the undivided attention of the principal, and every investor has direct access to the decision-maker, not a relationship manager or a fund associate.