Aloft Reno-Tahoe International Airport
Investment Opportunity in Reno, NV
Marriott “Aloft of the Year” targeting high cash yield from a market that has already surpassed pre-pandemic performance and become a growing tech hub, favored by Amazon, Tesla, Apple and Google.
Key Deal Points
- Outperformed 2021 forecast and nearby comparable properties
- Near Downtown, Convention Center, U of NV, & 8 ski resorts
- Sponsor track record - 30% gross IRR on over 50 cycled deals
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