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Updated almost 9 years ago on . Most recent reply

User Stats

53
Posts
5
Votes
Kyle Davis
  • Appraiser
  • Ottertail, MN
5
Votes |
53
Posts

Hotel in Central Minnesota

Kyle Davis
  • Appraiser
  • Ottertail, MN
Posted

Hello BP friends-  I am in the process of developing a hotel in central MN.  I have a large amount of my ducks in a row including feasibility study, pro-forma (both done by a 3rd party company), franchise selected, contractors selected, and hotel management company acquired.  I have raised $500k so far, and need at least another 300k at a minimum, but hoping for another 500k raised.  Has anybody here had any experience in hiring a private capital raising company to assist with something like this?  Thanks in advance!

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