Investors — AHM Hospitality

Investor Relations

AHM co-invests alongside a small group of partners on branded-hotel acquisitions in the upper Midwest. We underwrite, convert, and operate every property in the portfolio directly.

Investment Thesis

Why branded, secondary-market hospitality.

Sioux Falls and the surrounding South Dakota / Iowa / Minnesota region offer attributes coastal markets do not: lower entry basis, durable demand drivers, limited new supply, and operating margins that hold through cycles.

Driver I

Demographic growth

Sioux Falls is one of the fastest-growing metros in the upper Midwest, anchored by an expanding healthcare, finance, and logistics economy.

Driver II

Brand-distribution moats

Marriott and Choice flags give our properties access to global loyalty programs and direct booking channels that independent hotels can't replicate.

Driver III

Value-add repricing

Converting a Super 8 to a Quality Inn has historically lifted ADR 25–35% with modest PIP spend — a repeatable playbook across the active pipeline.

Driver IV

In-house operating edge

Direct management — without a third-party operator layer — preserves an estimated 300–500 basis points of NOI margin over the hold period versus a third-party-managed comp.

Our Playbook

Acquire, reposition, operate, compound.

Four steps, applied consistently across every acquisition in the portfolio.

Acquire

Target independently owned or tired-flag assets in stable markets. Operating underperformance is the entry thesis, not a disqualifier.

Reposition

Execute the PIP, convert to a higher-tier flag (Super 8 → Quality Inn, EconoLodge → Quality Inn), and refresh the guest experience.

Operate

Manage in-house. Tight staffing, proprietary ops systems, disciplined weekly P&L review.

Compound

Refinance against stabilized cash flow. Redeploy returned equity into the next acquisition. Grow the portfolio without diluting the operating standard.

Track Record

What we've operated and repositioned.

Detailed performance metrics, occupancy, and financial returns are available to accredited investors upon NDA execution.

2024

TownePlace Suites by Marriott · Sioux Falls

67-key extended-stay asset. Acquired 2024. Operating, stabilized.

2015

Quality Inn Sioux Falls (formerly EconoLodge North)

80-key value-tier asset acquired 2015. Re-flag from EconoLodge to Quality Inn in progress.

2026

Quality Inn Worthington

Converting from Super 8 at 850 Lucy Drive. Owner-financed acquisition (2026). Target completion Q4 2026.

2026

EconoLodge Luverne

57-key conversion from Super 8 at 1202 S Kniss Ave. Acquired 2026. Target completion Q4 2026.

2026

Quality Inn Luverne

57-key conversion from EconoLodge at 801 S Kniss Ave. Acquired 2026. Target completion Q1 2027.

Who You're Investing With

Every decision is made by the family on the ground.

Acquisitions, conversions, staffing, and weekly P&L review — none are outsourced. Our leadership page has named bios for every principal.

View Leadership →

Partnership Structure

How we work with investors.

We structure each acquisition as a property-level LLC with investor equity alongside our own sponsor commitment. Terms are negotiated per deal — below is the general shape.

Structure

Property-Level LLCs

Each asset is held in its own limited liability company. Investor and sponsor capital are tracked separately, and distributions are made per the operating agreement on a per-deal basis.

Hold Period

Family permanent / investor capital returned at refi

AHM holds permanently as a family-owned platform. Investor capital is targeted to be returned through refinance events in years 3–5, with ongoing distributions from stabilized cash flow thereafter. Investors exit at the refi while AHM retains the asset for generational hold.

Returns

Preferred + Promote

Investors receive a preferred return on contributed capital, with the sponsor earning a promote only after the preferred hurdle is cleared — aligning sponsor and investor economics through the deal lifecycle.

Reporting

Quarterly Operator Letters

Investors receive quarterly operator letters covering occupancy, ADR, RevPAR, NOI, capex, and forward outlook at the property level. Annual K-1s delivered on standard hospitality timelines.

Active Pipeline

Current opportunity.

Acquisitions and conversions currently raising capital. Detailed deal memos are available to accredited investors upon NDA execution.

Luverne, MN — dual-property conversion

Targeted completion: EconoLodge Q4 2026 / Quality Inn Q1 2027 · Equity raise: $3,000,000 · PIP budget: $800,000 · Structure: 51% AHM co-invest / 49% outside investors · Hold: AHM permanent / investor capital returned at refi

The Luverne dual conversion captures the local market across two price points — a midscale Quality Inn at 801 S Kniss and an economy EconoLodge at 1202 S Kniss — sharing management overhead, vendor contracts, and operating systems to drive margin expansion single-asset operators cannot replicate. With $800K in committed PIP capital funding brand-standard upgrades, the combined assets are underwritten for stabilized cash-on-cash distributions in line with institutional hospitality benchmarks, held permanently as part of AHM's family-ownership platform.

AHM Hospitality targets institutional-grade hospitality returns through value-add brand conversions and long-term operation. Accredited investors receive full underwriting, projections, and PPM upon executing an NDA.

Request Access

Request investor package.

Qualified investors can request the current deck, T-12 financials for operating properties, pro forma underwriting for active conversions, and the sponsor track record. Access is granted under NDA.

Direct Inquiries

info@ahmhospitality.com

Under NDA you'll receive:

Full LLC operating agreement
T-12 and monthly P&Ls for operating assets
Pro forma underwriting with sensitivity analysis
Capital stack and debt terms per property
PIP line-item budgets and contingency reserves
Sponsor track record and conversion outcomes
Franchise agreement key terms (Marriott / Choice)

Material risks associated with any AHM investment are summarized publicly: Risk Factors →

Response Time

We respond within two business days. All investor discussions are handled directly by the founding family — no intermediaries.