Lodging Properties Group, LLC

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Company Overview

LPG is a private real estate investment and advisory firm specializing in the acquisition, development and management of hotel projects nationwide. With over 40 years of collective experience, LPG’s team has the knowledge and experience to find creative solutions for even the most complex transactions. LPG’s cross-disciplinary team approach allows clients and investors to benefit from the pooled expertise of the firm’s resources, resulting in a smooth process and delivering seamless execution.

LPG’s core strategy is to focus on limited-service and extended stay hotels in dense urban settings, or other markets with exceptional barriers to entry. LPG’s focus is on suburban, secondary and tertiary markets, which have one or more of these characteristics:
The Company’s demographic focus is on underserved, secondary and tertiary markets, which have one or more of these characteristics:

• A short supply of higher quality limited service or extended stay hotels in their respective market;
• Barriers to entry, including limited supply of flat developable land;
• Close proximity (within approximately 2-4 hours drive) to the Company’s offices;
• Show strong economic growth;
• Offer a high quality of life;
• Markets that are home to:
   • Colleges or Universities;
   • Regional medical facilities;
   • Military Bases or other large state or federal government installations;
   • Significant tourist destinations, with one or more of the primary characteristics above.

The primary geographic focus of the Company’s development activity is in underserved small and medium sized cities that have the common mix of older full service hotels; the typical mix of mid-priced limited service hotels; and the usual mix of economy lodging.

Where feasible, the Company may develop or acquire upper mid-scale hotels in underserved small and medium sized cities with special features, which create a demand for this level hotel.

The company’s secondary strategy is to seek joint venture opportunities with proven real estate development and management companies. We look to align our interests with management, working alongside strong teams with proven track records. LPG’s goal is to engage in those projects with an acceptable return on investment over a five to seven (5-7) year period.