Independent Hospitality LPs

[Zach Blatt]

I've been running a self-funded search fund with the aim of acquiring and leading an existing company as the new CEO. More recently I've focused on real estate opportunities, particularly independent multi-unit hospitality offerings with the potential for significant value-add. I came across a cabin community in the Upper Midwest that's for sale for about $5m that I've discussed with some of my peers in the real estate community and they think that it's a promising opportunity. However, I'm realizing that the investor community I've cultivated for my search is not well suited to invest in this as they prefer actively managed companies with higher (30%+) IRR targets. Does anywhere here have a recommendation for an investor who might be an anchor GP as well as something of a coach for this? (I imagine the deal will require over $1min equity and could see this as the first of several similar syndication deals).

Thanks!