San Francisco, CA, Oct. 12, 2023 /Newsfront/ – Leading commercial real estate firm Goodegg Investments is pleased to announce the acquisition of 3 hotel assets via Goodegg Diversification Fund III – SpringHill Suites and Holiday Inn in Terre Haute, Indiana, and Homewood Suites in Lafayette, Indiana.
Goodegg Investments is an award-winning women-owned and women-led commercial real estate private equity firm founded by Julie Lam and Annie Dickerson. Since its inception in 2018, Goodegg Investments has built up an impressive portfolio totaling $1.4B+ across hotel, multifamily, and self-storage assets.
Despite changing market conditions, the Goodegg portfolio remains steadfast and stable, with strong reserves, consistent performance, and continual growth across the portfolio.
“In this shifting financial landscape, we are thrilled to add these strong, stable, and cash-flowing hospitality assets to our growing portfolio,” said Julie Lam, Co-Founder and Chief Executive Officer of Goodegg Investments. “These select-service hotels were strategically chosen for their recession resilience, stability, and strong cash flow potential.”
Goodegg has a strong track record in acquiring, managing, and optimizing commercial real estate assets in key markets around the country, in order to provide strong returns for their investors, create local community impact, and support meaningful causes via Goodegg Gives.
Of the 20 deals they’ve brought full-cycle, the average annual return to investors has been 24.9%, with an internal rate of return of 22.3%. Through these investments, Goodegg investors – many of whom are physicians, engineers, executives, entrepreneurs, retirees, and other busy professionals – are able to realize strong tax-advantaged returns to protect and grow their capital, as well as to diversify their portfolios.
“Here at Goodegg Investments, our mission is to help as many people as possible to learn about and invest passively in real estate so they can build wealth for their families, and this acquisition goes a long way toward that vision,” said Annie Dickerson, Founder and Chief Brand Officer of Goodegg Investments.
In addition, the boutique real estate private equity firm recently added Regulation Crowdfunding (RegCF) offerings to their suite of investment opportunities, enabling both accredited and non-accredited investors to invest with a low minimum investment of just $10,000.
This Goodegg Diversification Fund III portfolio acquisition is the second hotel acquisition in Indiana for Goodegg Investments and includes 294 rooms across the three hotels:
- SpringHill Suites in Terre Haute, IN – 92 rooms, built in 2007
- Holiday Inn in Terre Haute, IN – 118 rooms, last renovated in 2021
- Homewood Suites in Lafayette, IN – 84 rooms, last renovated in 2016
Goodegg Investments owns and operates over 8,000 multifamily units and approximately 500 hotel rooms, across a portfolio valued at over $1.4B, with assets in Arizona, Texas, Indiana, North Carolina, South Carolina, and Florida.
About Goodegg Investments
Goodegg Investments is an award-winning women-owned and women-led commercial real estate private equity firm founded by Julie Lam and Annie Dickerson – two entrepreneurial moms with a passion for real estate.
Goodegg Investments helps busy professionals and growing families create passive income and legacy wealth through investing in real estate syndications.
To date, Goodegg Investments has acquired over $1.4 billion in real estate assets across the country and has helped thousands of investors build wealth for their families through real estate.
Learn more at https://goodegginvestments.com or contact [email protected].
Contact for further information:
Goodegg Investments Media:
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Goodegg Investor Contact:
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