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Hospitality

Hotels | Resorts | Branded Residences | Independent | Luxury | Full Service


Full Service
& Luxury

Brand, Management, and FF&E inflate value.
Only the real estate is taxable

  • Branded and flagged hotels

  • Urban full-service and convention

  • Luxury and lifestyle

  • Historic and landmark hotels

Resorts & Destination
Amenities & seasonality
distort value.
We normalize to sustainable NOI.

  • Golf, spa, and marina resorts

  • Beach and destination resorts

  • Casino and gaming

  • Branded residences and fractional

Select Service & Independent
Market Averages don't run your Hotel. Why should they value it?

  • Select and limited-service

  • Extended stay

  • Independent and boutique

  • Mixed-use with hospitality

Winter Ski Resort

You Need a Real Estate Led Team to Correct the

Mass Appraisals

We argue from the Owners Point of view and from experience as Investors, Lenders, and Buyers of Hotels Nationwide

Lois Kagan

Assessors see last year's averages. We see the deferred capital, brand obligations and real NOI behind your hotel's value. 

Hospitality Group

Lois Kagan | Principal | Senior Director

A hospitality real estate investment advisor whose career spans hotel and resort equity and mezzanine underwriting at Lehman Brothers and an institutional private equity hospitality and real estate platform she built and led as Managing Director and COO. She evaluates, finances, and repositions hotels the way owners, lenders, and investors do, across every stage of the ownership lifecycle.

Contact: lkagan@assemblycompanies.com

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