West77 Partners Expands into Phoenix Market with New Office

West77 Partners Expands into Phoenix Market

West77 Partners, a leading real estate investment and development firm, has proudly opened a new office in the greater Phoenix market. This strategic expansion further enhances West77 Partners' footprint as they seek growth in key regions across the country. Establishing a presence in Phoenix allows the company to tap into a thriving market while focusing on the development of their LivAway Suites extended-stay hotels.

New Opportunities for Growth

As part of their expansion, West77 Partners has laid out plans to develop multiple LivAway Suites hotels in the area. With a robust pipeline in place, the firm is gearing up to work alongside Wasatch DC Builders, an affiliate specializing in general contracting. The intention is to break ground on several projects soon, signaling a commitment to bringing quality hospitality to the local community.

Commitment to Best-in-Class Development

Dan Barrett, President of West77 Partners, emphasized the company's dedication to excellence as they branch into the Phoenix area. He stated, "This expansion solidifies our commitment to developing best-in-class extended-stay properties nationwide. We recognize the growth potential in this market and look forward to applying our resources and expertise to achieve success." This forward-thinking approach highlights West77 Partners' focus on long-term success and quality development.

Ambitious Development Plans

West77 Partners aims to establish 50 LivAway Suites hotels by the end of 2026, with a specific ambition of developing up to 12 locations in the greater Phoenix market. According to Barrett, the firm has already secured contracts for over half of these anticipated sites and plans to initiate construction on several by the end of the year.

Focus on Value Creation

The partnership with Wasatch DC Builders is pivotal, given their impressive track record of delivering projects on time and under budget. This collaboration is geared towards producing high-quality developments that meet both investor expectations and community needs, ensuring that each project contributes positively to the local environment.

Innovative Solutions in Hospitality

As a key player in the realm of real estate and extended-stay hotel development, West77 Partners’ recent office opening underscores its commitment to innovative practices that deliver value not only to investors but also to the communities they serve. The focus on creating tailored solutions and high standards within the hospitality sector resonates well with modern customer expectations, showcasing the company’s dedication to quality.

About West77 Partners

West77 Partners is a top-tier real estate investment and development firm that operates in various markets. With offices strategically located, the firm specializes in sourcing and structuring debt and equity for real estate acquisition and development. Their successful management of investment outcomes emphasizes a robust vertical integration of services which includes acquisitions, construction management, and asset management. With this comprehensive approach, West77 Partners positions itself as a strategic investor, developer, and manager of premier properties across the country.

About LivAway Suites

Emerging from Salt Lake City, LivAway Suites represents a fresh hotel brand that caters to the needs of developers and guests alike. The brand operates on a simple principle that balances guest comfort and affordability with straightforward, pragmatic amenities. Committed to improving the traditional hotel model, LivAway Suites focuses on transparency and value for developers as well as guests. Their business strategy is designed to enhance guest experiences while ensuring a strong return on investment.

Frequently Asked Questions

What is the purpose of West77 Partners' new office?

The new office aims to support the development of LivAway Suites extended-stay hotels and expand the company's presence in the Phoenix market.

How many LivAway Suites are planned for development?

West77 Partners plans to develop 50 LivAway Suites hotels nationwide, with 12 specifically targeted for the greater Phoenix area.

Who will oversee the construction of the new hotels?

The construction of the new hotels will be managed by Wasatch DC Builders, an affiliated contracting firm with a proven track record.

What distinguishes LivAway Suites from traditional hotels?

LivAway Suites focuses on creating a home-like environment for guests, blending comfort with affordability while offering pragmatic services.

How does West77 Partners ensure quality in its developments?

West77 Partners emphasizes vertical integration across services from development to construction management, ensuring high-quality outcomes for investors and the community.

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