Sioux Falls, South Dakota · USA info@ahmhospitality.com
Investor Relations

Investor Relations

AHM buys branded hotels in the upper Midwest and puts its own money in next to a small group of partners. We do the underwriting, run the conversions, and operate every hotel ourselves.

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 portfolio.

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.

Every acquisition so far has followed the same four steps.

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.

2015

Quality Inn Sioux Falls (formerly EconoLodge North)

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

2024

TownePlace Suites by Marriott · Sioux Falls

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

2026

Quality Inn Worthington

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

Who You're Investing With

Every decision is made by the family on the ground.

We don't outsource acquisitions, conversions, staffing or the weekly P&L review. You can see who's responsible on our leadership page.

View Leadership →
Partnership Structure

How we work with investors.

Each acquisition gets its own LLC, with investor equity sitting alongside our sponsor commitment. Terms are set deal by deal. This 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.

Request Access

Request investor package.

Qualified investors can request the current deck, T-12 financials for operating properties, pro forma underwriting for the 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. The family handles every investor conversation itself.