Somers Capital

Somers Capital

Real Estate, 1277 Treat BLVD, San Diego, California, 94597, United States, 1-10 Employees

somerscapital.com

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phone no Phone Number: +17*********

Who is SOMERS CAPITAL

Somers Capital is a vertically integrated boutique hotel investment firm comprised of industry leading executives. With an in-house property management company and direct booking platform...

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  • 1277 Treat BLVD, San Diego, California, 94597, United States Headquarters: 1277 Treat BLVD, San Diego, California, 94597, United States
  • 2022 Date Founded: 2022
  • 1-10 Employees: 1-10
  • dollar-icon Revenue: $250 Million to $500 Million
  • tech-icon Active Tech Stack: See technologies
  • Rich Somers CEO:   Rich Somers

industries-icon Industry: Real Estate

SIC SIC Code: 6331

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Somers Capital Org Chart and Mapping

Rich Somers

Chief Executive Officer

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Frequently Asked Questions Regarding Somers Capital

Answer: Somers Capital's headquarters are located at 1277 Treat BLVD, San Diego, California, 94597, United States

Answer: Somers Capital's phone number is +17*********

Answer: Somers Capital's official website is https://somerscapital.com

Answer: Somers Capital's revenue is $250 Million to $500 Million

Answer: Somers Capital's SIC: 6331

Answer: Somers Capital has 1-10 employees

Answer: Somers Capital is in Real Estate

Answer: Somers Capital contact info: Phone number: +17********* Website: https://somerscapital.com

Answer: Somers Capital is a vertically integrated boutique hotel investment firm comprised of industry leading executives. With an in-house property management company and direct booking platform, our firm is able to perform at levels superior to competitors. We are driven by a focused mission to bring tired assets back to life while improving guest experiences and the communities for each property in our portfolio. Somers Capitals disciplined investment approach focuses on targeting under-performing, well located properties. We aim to identify assets in markets with strong fundamentals and growing tourism metrics. All of the properties we acquire have strong value-add characteristics that allow us to reposition the asset through capital improvements, renovations to both exteriors and interiors, improvements in operations, decreasing expenses, and improvements to marketing. With our in-house property management company, we are able to operate each asset free of onsite management which gives us full control and allows us to effectively implement the propertys business plan immediately upon acquisition. Throughout the due diligence process, our acquisitions team works closely with our asset management team, property management team, and construction team to formulate a unique business plan for each asset we acquire.

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