Hotel MDR
Marina Del Rey, CA
Closed in March 2013, the Hotel MDR (“MDR”) was a value-add, joint venture equity investment in a 283-key full-service hotel located in Marina del Rey, CA. The asset was an under-managed and under-improved select service asset that was being removed from its existing franchise/reservation system...
M2 Apartments
Littleton, CO
Closed in September 2012, M2 Apartments (“M2”) was a joint venture equity investment in the development of a 298-unit apartment project located in the southwestern Denver suburb of Littleton, CO. Arris identified and partnered with a local development firm, who had built the last project to have been delivered...
320 Lincoln Blvd
Venice Beach, CA
Closed in February of 2015, 320 Lincoln Boulevard (“Lincoln”) was a co-sponsor equity investment in the redevelopment of a 25,000 square foot commercial (retail and office) property located in Venice Beach, CA. Lincoln was a rare opportunity to acquire a critical mass along a major transit corridor in West Los Angeles...
The Anza
Calabasas, CA
Closed in July of 2012, the Anza Hotel (the "Anza") was a value-add joint venture equity investment in a 122-key select service hotel located in Calabasas, CA. The Anza was a lender-owned (REO) asset operating under the Country Inn & Suites brand. The hotel suffered from deferred maintenance, mismanagement...
DoubleTree El Segundo
El Segundo, CA
Closed in February of 2014, the Doubletree El Segundo (the "Hotel") was a value-add co-sponsor investment in a 215-key full-service hotel located in El Segundo, CA. The Hotel was owned by an absentee private owner and managed by a small and unsophisticated management company. The hotel had been encumbered...
Honeyman Hardware Lofts
Portland, OR
Closed in July 2012, Honeyman Hardware Lofts (“Honeyman”) was value-add joint venture equity investment in a 101-unit apartment project located in the Pearl District submarket of Portland, OR. The investment was a recapitalization of a failed condo conversion during the last cycle. The revised business plan...
Skye Leander
Leander, TX
Closed in November of 2014, Skye Leander (“Skye”) was a joint venture equity investment in a 153-unit senior independent living development project located in Leander, TX, a northwestern suburb of Austin. The investment thesis of this project was to capitalize a permit-ready project in a rapidly...