New Development in downtown Orlando creating a 900,000+/- SF mixed-use development adjacent to Kia Center, home to the NBA’s Orlando Magic. The project is pending approval and will feature high-rise residences, a full-service hotel, office and meeting spaces, retail shops, a dynamic live events venue, and on-site parking.
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Located in Truckee, CA, a popular recreational destination for Bay Area travelers. The property is situated near popular tourist attractions and prime destinations such as Northstar and Palisades Tahoe ski resorts, Martis Camp, downtown Truckee, and a host of outdoor activities. Conveniently located near major transportation routes including I-80, CA 267, the Truckee Airport, as well as newly constructed bike lanes.
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Asset Type
Hotel
Acquired
DEVELOPED
2017
Scope
Key Investment Thesis
Leverage the adjacency to the new Golden1 Center, home to the Sacramento Kings, and prime location in the heart of Sacramento’s CBD, to develop a best-in-market boutique lifestyle hotel and luxury residences with hotel services that would deliver significant premiums over the then-current room rates residential sales per SF.
JMA Value Creation
Asset Type
Acquired
Scope
Key Investment Thesis
Located along the beautiful shoreline of Lake Tahoe, CA Homewood High & Dry Marina has been serving the Lake Tahoe area since 1967 and was the first marina in Lake Tahoe to utilize dry rack storage. Positioned nearly at the center of the incredible West Shore, the Marina consists of indoor and outdoor dry rack storage, and on-the-water buoy storage with the ability to store over 250 boats onsite. Storage is available annually, seasonally, and short-term, including monthly, weekly, and daily. In addition, the Homewood High & Dry Marina features a harbor with four launch bays, three fueling stations with a public fuel dock, two DC fast chargers for on-the-water electric boat charging, two eFoil charging stations, and a head pump out station.
The Marina is home to a large onsite service and repair shop. From boat repairs and cleaning, to launch and fuel, the team prides themselves as “vacation savers,” jumping on mid-season boat repairs to get customers back on the water as soon as possible. As a PCM Premier Dealer, with Volvo Penta and Mercury Marine certified technicians, their Service Department has over 40 years of combined boat service experience.
Along with storage and service, the Marina works with partners to provide boat sales and boat rentals. Boats are available for purchase and demo onsite through Homewood Marina’s sales partner Superior Boat Repair & Sales. Brands feature Nautique known for ski, surf and recreational boats and Barletta featuring top-of-the-line pontoons. The public has the opportunity to get out on the water from the Marina’s harbor through boat rental partners High Sierra Waterski School and SWA Watersports.
Building upon its track record of environmental stewardship and innovation Homewood High & Dry Marina, in conjunction with Superior Boat Repair & Sales and Nautique, powered by Ingenity, worked for over three years on bringing the world’s first 100% electric watersport boat to Lake Tahoe. In the summer of 2020, the Nautique GS22E plugged into Lake Tahoe’s first on-water electric boat charging station at the Marina. The Marina continues to lead the charge on environmental stewardship with their Clean Marina certification, supporting the Clean Up the Lake effort, and participating in the Eyes on the Lake program.
JMA Value Creation
Entitlement of a signature mixed-use tower with hotel and residential as the focal point of project in the heart of Downtown San Francisco.
Asset Type
Acquired
DEVELOPED
Scope
600’ Mixed-use Tower
Key Investment Thesis
With a location at the convergence of business and tourist activity in San Francisco and a desirable housing and hospitality mixed use profile, 45 Third Street is poised to be one of the beneficiaries of San Francisco’s push to support new large housing-oriented developments in the City core.
JMA Value Creation
Developed project concept, programming and design alongside international design firm Skidmore Owings & Merrill
Asset Type
Acquired
Scope
Key Investment Thesis
JMA Value Creation
Asset Type
Hotel
Acquired
2022
Scope
243 Keys
OPENING DATE
Q2 2024
Key Investment Thesis
Develop a hotel to cater to the extremely supply constrained mid-priced point demand segment in the Avon / Vail market. Market currently has little to no corresponding existing product and will continue to benefit from evolving travel patterns and consumer preferences.
JMA Value Creation
Two iconic Pat Kuleto restaurants with an unrivaled location on San Francisco’s waterfront over a panoramic coastline view of San Francisco Bay and Bay Bridge.
Asset Type
Acquired
Scope
Key Investment Thesis
Opportunity to develop industry-leading restaurants in a prime waterfront location.
JMA Value Creation
Asset Type
Resort / Leisure
Acquired
2007
Scope
Key Investment Thesis
Our strategy was to take an undermanaged and undercapitalized ski resort with close proximity to Montana’s largest city and drive significant ski customer yield through upgrades to existing services (lifts, F&B, terrain, retail) and sophisticated revenue management practices.
JMA Value Creation
Chair lift replacement and learn-to-ski enhancements to be completed by 2023/2024 ski season
Asset Type
DEVELOPED
2020
Scope
EXIT
Key Investment Thesis
JMA Value Creation
Quickly ramped up asset towards stabilization, despite hotel opening only months after the onset of the pandemic
