Senna House
Senna House
Scottsdale’s top high end lifestyle hotel located in the heart of the entertainment district. Steps away from Scottsdale Fashion Square and the City’s premier nightlife and cultural offerings
View Portfolio
Scottsdale’s top high end lifestyle hotel located in the heart of the entertainment district. Steps away from Scottsdale Fashion Square and the City’s premier nightlife and cultural offerings
View Portfolio Opwest Partners brings extensive experience in acquiring and developing mixed-use projects, hotels, resorts, residential, multifamily, retail, and adaptive re-use properties. Our firm delivers compelling value-add strategies across asset classes and associated segments within specific product types.
WHAT WE DO Contact UsWe believe that mixed-use is central to future growth and our team is focused on best practices in this segment. Mixed-use developments are not only bridging the gap between residential and commercial spaces, but they are also leading the way in sustainable urban living and integration of smart city technologies, making cities more suitable for future generations. Multi-use developments are also appealing to our investors, diversifying income streams to ensure greater long-term earning potential and return on investment. In addition, our projects typically incorporate an innovative and cutting-edge approach to sustainable planning initiatives.
Opwest has an extensive background in Hotel and Resort development, and we provide compelling opportunities to our investors within the lodging asset class that range from midscale properties to luxury assets. We work with many brand companies such as Marriott, Hilton, Hyatt, Montage, Four Seasons, Auberge, and Accor, among others. Our team focuses on both ground up hotel development, as well as value-add acquisition opportunities.
Our team targets existing assets with unique value propositions and strong underlying fundamentals. We source, underwrite and structure complex deals, and our unique relationships with brokers, lenders and brands ensure that Opwest has access to the most compelling deals in the market.
We specialize in ground up development and delivering new build brands to the market. Opwest Development’s team is knowledgeable in all aspects of hospitality, including underwriting, site identification, land assembly, zoning and entitlements, financing, design, construction, and pre-opening management, as well as other general real estate development services, investment services, and management services.
Our network of joint venture partners includes brokers, lenders, brands, and commercial real estate professionals who are seeking a hospitality counterpart. When choosing a development project, we consider such factors as barriers to entry, tax credits and other inducements, key money, and other points of differentiation. Additionally, we have utilized unique capital formation strategies that take advantage of Federal programs such as Qualified Opportunity Zones and the EB-5 Investment Program, for which we have dedicated team members.
Whether developing as part of a mixed-use project, on a stand-alone basis, or an acquisition opportunity, multifamily investment and development is a key component of our real estate strategy.
Our firm is currently developing lower density single family purpose-built rental communities known as built-to-rent or built-for-rent, a product appealing to a market that desires the characteristics of single-family homes but want the flexibility of renting. Our projects incorporate varying designs in this segment including detached, single-family, or attached townhouse-style dwelling units that are specifically built to be rented rather than purchased. We have incorporated best practices in amenitization from our hospitality projects and developed a luxury rental program offering that is unparalleled in the market.
Opwest also targets high rise, mid-rise, and low-rise multifamily projects in both suburban and urban locations in growth markets across the Unites States.
Our team has deep experience in luxury residential development for both unbranded and branded residential projects. Examples of our project background for branded residences includes the Montage Deer Valley Residences, the Montage Beverly Hills Residences, the Montage Palmetto Bluff Residences, and the Montage Healdsburg Resort. Opwest leads the design and programming of the residential component of each project, including any specialized rental pool programming and associated residential amenity conceptualization and integration. Our team develops the residential sales and marketing program including strategy, tactics, and marketing methods for the project.; including the advertising and public relations programming. Mixed use residential and hotel affiliated residential projects are extremely complicated product types which our team has institutional knowledge of, and we can effectively program, plan and execute the development of these assets for our partners.
Our firm specializes in value-add hotel, multifamily, and mixed-use assets. We focus on acquisition and reposition strategies that identify and maximize value in a broad range of commercial and residential real estate assets. Our value-add strategy varies by product and encompasses an opportunistic approach to identifying real estate potential in underperforming assets where we are able to unlock value through renovation, repositioning, rebranding, entitlements, and other creative yet risk appropriate approaches that drive compelling economics. We are vertically integrated with a team that facilitates its acquisitions, dispositions, asset management, construction, accounting, and property finance.
Opwest has executed complicated adaptive re-use strategies, and we believe that adaptive reuse will be a major driver to urban renewal, reactivation, and the repositioning of many obsolete urban assets in the future. Adaptive re-use execution requires a specialized skill set often demanding conversion specificity within the project team, coupled with a base of institutional knowledge from past projects. Opwest will continue to identify and execute adaptive reuse projects in urban locations across the Unites States.
Specializing in a comprehensive approach, Opwest Partner’s investment, development, and asset management firm oversees the entire life cycle of a project. From identifying promising investment opportunities to strategic development and ongoing asset management, our team leverages expertise across all stages to maximize value for our clients.
Opwest provides full-service asset management capabilities across its portfolio, as well as provide services for third parties. Our firm focuses on delivering effective economic strategies that mitigate risk exposure and maximize investment returns. Whether its monitoring performance or making forward-looking decisions (value-add improvements, buy, sell, hold, refinance, etc.) on behalf of investors to increase property values and pursue the best risk-adjusted returns, our team is engaged in the day-to-day business plan and execution of value creation.
Opwest has raised equity capital in both joint ventures and project specific funds focused on investing in high quality real estate. Our team has decades of knowledge and experience working on real estate transactions ranging from tens to hundreds of millions of dollars and we are skilled in managing the full scope of issues that arise when creating capital structures and real estate investment strategies.
