Steckroth Hospitality Group, Inc. “SHG” located in Boca Raton, Florida has provided a range of interrelated professional services to the Hotel and Resort community since 1986 based on the specific needs and strategies of its Clients and structured conservatively to maximize their effective return on investment.
A preferred vendor to many of the nations prominent Hotel Chains SHG offers Hotel Real Estate Brokerage, Capital Acquisition, Creative Exterior and Interior Design Concepts and accurate and timely FF&E & OS&E Purchasing services enabling SHG to present its Clients with the necessary “Options” to insure on time and under budget projects.
Asset and market analysis, buyer and seller knowledge, franchise and management company relationships, vision of future potential and financial sourcing ability are all combined by SHG, a State Licensed Real Estate Brokerage Business specializing in the hotel sector, to assist both buyer and seller in navigating the process of acquisition or disposition of their unique asset.
The firm’s ability to contribute a host of possible hospitality lending sources for new construction and renovation sets it apart from its competitors. SHG's focus is to secure the most favorable financing in the market for the project. Sources include domestic, international and off-shore banks, insurance companies, private equity, loan funds, and pension funds. Funding options range from construction mini perm loans, long term fixed rate mortgages, mezzanine, FF&E leasing, and participating debt and equity structures. Sectors include Luxury, Upper Upscale, Upscale, Upper Extended Stay and Midscale.
Innovation coupled with a broad understanding of the unique operational needs that a hotel asset demands is the basis for all of SHG’s design. All exterior and interior concepts are created in house and managed by State of Florida Licensed Hotel Designers. Renderings, color boards, CAD generated drawings and specifications, insure an accurate view of the project while insuring a precise platform on which to determine associated costs.
Ranked among the top Hotel Purchasing Companies in the country, SHG provides its clients, institutional and non institutional alike, with volume buying power. Precise line item project budgets, definitive product specifications and purchase orders, product and freight bid, and accurate / timely accounting and tracking reports blend to create substantial cost reductions. All purchasing is done on an “As Agent Only” basis utilizing SHG’s proprietary “SPT” online system.