satori collective
Caliber Hospitality Trust Expands Roll-Up With Seven New Hotels From Satori Collective
Caliber | October 8, 2024
Satori assets will increase Caliber’s FV AUM by 15.52% to $890 million Upon closing of all contributed properties to date, the Trust’s portfolio will expand to 22 hotels, and the portfolio valuation will increase to $530 million October 08, 2024, Scottsdale, Ariz.-- Caliber a real estate investor, developer, and manager, today announced that it has reached a definitive agreement with Satori Collective (“Satori”) in which Satori will contribute seven hotel properties to Caliber subsidiary Caliber Hospitality Trust (“CHT”), an externally advised private hospitality corporation. The transaction is expected to ...
Aperture Hotels To Reopen Hilton Garden Inn Columbus Following Multimillion-Dollar Renovation
Aperture Hotels | July 22, 2024
Hotel to Host Grand Re-Opening Ceremony August 25, 2024, to Unveil Multi-Million Dollar Renovation COLUMBUS, Ga., July 22, 2024—Officials of Aperture Hotels, a leading hospitality management provider specializing in premium lifestyle, compact full-service, select-service and extended stay hotels, in partnership with Satori Collective, a real estate investment management firm focused primarily on hotel property investment, today announced the successful re-opening of the 120-room Hilton Garden Inn Columbus in Ga. Following a multimillion-dollar renovation, the newly refreshed hotel now boasts upgraded public spaces, guest rooms, and mee...
Satori Collective Completes Sale of 124-Suite Holiday Inn Express & Suites Alpharetta-Windward Parkway
Satori Collective | January 2, 2024
ATLANTA--January 2, 2023--Officials of Satori Collective, a real estate investment management firm focused primarily on hotel property investment, today announced the sale of the 124-suite Holiday Inn Express & Suites Alpharetta-Windward Parkway to Bukhari Group Hospitality. Satori achieved an approximate 24% internal rate of return and a 2x equity multiple through the sale. “We purchased this all-suite property in 2013 and quickly conducted a comprehensive, multimillion-dollar, value-add renovation to re-flag the property to a Holiday Inn Express & Suites by IHG,” said Samir Yajnik, CIO, Satori Collective. “Through the past ...
Aperture Hotels and Satori Collective Complete Multimillion Dollar Renovation of Homewood Suites by Hilton Atlanta/Perimeter Center
Aperture Hotels | October 12, 2023
ATLANTA, October 12, 2023—Officials of Aperture Hotels, a leading hospitality management provider specializing in premium lifestyle, compact full-service, select-service and extended stay hotels, and Satori Collective, an investment management firm focusing primarily on hotel property investment, today announced the completion of the multi-million dollar renovation of the 114-suite Homewood Suites by Hilton Atlanta/Perimeter Center. The refurbishment touched on all aspects of the hotel, including upgrades to public spaces, guest rooms, fitness center and meeting space. Additionally, the hotel refinished the exterior and signage and introduc...
Banyan Investment Group Rebrands as Satori Collective
Satori Collective | March 27, 2023
ATLANTA--Officials of the former Banyan Investment Group today announced that the firm is rebranding as Satori Collective, an investment management firm focusing primarily on hotel property investment. Additionally, the company has spun off its property management platform to become Aperture Hotels, an independent, third-party hotel management company. Moving forward, Satori and Aperture will work independently of one another. “Satori is a Buddhist term meaning ‘awakening and deep understanding,’ which is how our team approaches commercial real estate investment,” said Andy Chopra, co-founder and managing partner, Satori. “With m...