Hospitality
Hospitality real estate across hotels and experiential lodging. Thesis Driven dives into boutique and micro-resorts, extended stay, outdoor hospitality and glamping, surf parks and members clubs as leisure anchors, resort and leisure town markets, hotel conversions, and the operating intensity that separates hospitality returns from passive real estate.
The Micro-Resort Capital Gap
Small, founder-led experiential resorts are achieving high occupancy and premium pricing, but they don’t fit traditional capital models.
New Workshop: Unlocking the Value of Rural Land
For the past couple of years, I've been investing in rural land alongside Wayne Congar, founder of HUTS.
Deep Dive: Ludlow Property Group & Self-Storage in America's Leisure Towns
Inside self-storage's most overlooked opportunity
The Rise of the Secondary Leisure Town
When ultra-exclusive resort towns like Jackson Hole and Aspen run out of space and affordability, demand moves down the road
Breaking the Fourth Wall of Fourth Spaces
How low-key pursuits like reading and chess are booming as real-world social clubs—and changing how real estate gets used
New Workshop: Evaluating 2026’s Emerging Real Estate Concepts
Brad and Paul break down the hottest emerging asset class trends & business models
Reimagining America’s Historic Offices
Inside Left Lane’s strategy transforming distressed offices into boutique hospitality assets across America’s growth cities
The Art & War of Placemaking and Real Estate Development
A firsthand account of making real estate magic happen in Silicon Valley by real estate development veteran Steve Edwards
Deep Dive: Giovanni Bonelli Group
Deep Dive into Giovanni Bonelli Group, an investment platform for Mediterranean wineries, villas & hotels
