Private Investment Firm

Woodbine Development Corporation

Investment Details

Investor Type
Private Investment Firm

Asset Class Focus
Real Estate

Stage Focus
Development, Acquisitions, Asset Management

Geographical Focus
United States

Industries Focus

  • Real Estate
  • Hospitality
  • Commercial Real Estate
  • Industrial Development
  • Mixed-Use Development
  • Commercial Brokerage

Investor Details Founded: 1973

Woodbine Development Corporation is a full-service real estate company with over 40 years of experience in development, investment, and asset management. ([woodbinedevelopment.com](https://woodbinedevelopment.com/?utm_source=openai))

The company specializes in hotels, resorts, and mixed-use developments throughout the United States. ([woodbinedevelopment.com](https://woodbinedevelopment.com/?utm_source=openai))

Since 1973, Woodbine has been involved in more than $7 billion in commercial real estate projects, including the development, ownership, and/or asset management of over 7,000 hotel rooms. ([woodbinedevelopment.com](https://woodbinedevelopment.com/?utm_source=openai))

Their portfolio features major hospitality brands and independent hotels alike. ([woodbinedevelopment.com](https://woodbinedevelopment.com/?utm_source=openai))

Woodbine's capabilities aren't defined by a project's size or scope. ([woodbinedevelopment.com](https://woodbinedevelopment.com/our-approach?utm_source=openai))

They have the resources and knowledge to handle any development project, from destination resorts to mixed-use spaces to boutique hotel properties. ([woodbinedevelopment.com](https://woodbinedevelopment.com/our-approach?utm_source=openai))

Their core competency is developing large-scale destination resorts throughout the Southwestern United States, with six destination resort hotels and over 3,000 keys developed since 1992. ([woodbinedevelopment.com](https://woodbinedevelopment.com/our-approach?utm_source=openai))

They've also diversified their focus to include urban infill, mixed-use, and full-service assets throughout the country, with recent development projects in Dallas, Phoenix, and Washington D.C. ([woodbinedevelopment.com](https://woodbinedevelopment.com/our-approach?utm_source=openai))

In 2008, Woodbine ventured into select-service development through a preferred developer partnership with Hyatt Hotels Corporation and multiple flags within major brands. ([woodbinedevelopment.com](https://woodbinedevelopment.com/our-approach?utm_source=openai))

Since then, their select-service platform has grown faster than any other segment of their business. ([woodbinedevelopment.com](https://woodbinedevelopment.com/our-approach?utm_source=openai))

The growth includes development of twelve select-service hotels totaling over 3,000 keys. ([woodbinedevelopment.com](https://woodbinedevelopment.com/our-approach?utm_source=openai))

Their diversified brand offerings include valuable partnerships with AC Hotels and USAA. ([woodbinedevelopment.com](https://woodbinedevelopment.com/our-approach?utm_source=openai))

Throughout Woodbine's history, new construction projects have been their investors' primary focus. ([woodbinedevelopment.com](https://woodbinedevelopment.com/our-approach?utm_source=openai))

However, in 2012, they made their first acquisition in over 20 years—a distressed yet historic hotel in the Pacific Northwest. ([woodbinedevelopment.com](https://woodbinedevelopment.com/our-approach?utm_source=openai))

After renovations and repositioning, it was sold three years later and has inspired a new investment strategy for Woodbine. ([woodbinedevelopment.com](https://woodbinedevelopment.com/our-approach?utm_source=openai))

This strategy includes an investment fund to acquire assets in major U.S. markets, including multiple boutique and lifestyle repositioning projects. ([woodbinedevelopment.com](https://woodbinedevelopment.com/our-approach?utm_source=openai))

Woodbine's asset management team can help you make the most of your investment through careful ROI analysis, business planning, and budget review. ([woodbinedevelopment.com](https://woodbinedevelopment.com/our-approach?utm_source=openai))

Their role as an owner's representative at every stage of asset acquisition and management gives those they work with the trust and support they expect from a real estate partner. ([woodbinedevelopment.com](https://woodbinedevelopment.com/our-approach?utm_source=openai))

They don't just build buildings; they create places where people want to be. ([woodbinedevelopment.com](https://woodbinedevelopment.com/our-approach?utm_source=openai))

Requirements
  • Long-term hold
  • Lower-risk
  • Conservatively leveraged
  • Full-service and select-service hotel assets in high-barrier-to-entry markets
Contact

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Portfolio Companies
  • Hyatt Regency Hill Country Resort & Spa
  • Westin Kierland Resort
  • Kierland Commons
  • Hyatt Regency Lost Pines Resort & Spa
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