Dart Interests

What Dart Interests does

Dart Interests is a privately held, family-owned US real estate development and investment firm owned by Ken Dart and operating within the broader Dart Companies network (which includes Dart Container and Dart Enterprises in Grand Cayman). Headquartered in Dallas, Texas with additional offices in Orlando, Florida and Pleasant Grove, Utah, the firm manages a portfolio exceeding $4 billion in assets across 9 US states. The company self-funds development projects from a single family-backed capital source and acts as a selective lender, a structure that enables it to pursue complex urban mixed-use projects without external financing constraints.

The firm operates across three vertical segments. Hospitality centers on the signature Evermore brand - including the 1,100-acre Evermore Orlando Resort (first phase 1,496 rooms, $800M+) and the 433-room Conrad Orlando at Evermore operated under Hilton's Conrad flag - alongside the 1,600-acre Wild Dunes Resort (Isle of Palms, SC, 644 units) and the Urban Cowboy Catskills lodge. Residential consists of luxury mixed-use towers and communities under the Novel, Treadwell, Clare, Leyton, and VistaBlue brands in New York (Upper East Side), Washington D.C. (Novel South Capitol, 539 units), Denver (Novel RiNo, 483 units), and Singer Island, Florida. Commercial includes the Scripps Life Sciences Campus (single-tenant, 198,880 sq ft) and Republic Square in Houston's Energy Corridor. Distribution is direct-to-consumer through in-house property sales, hospitality operations, and operator partnerships (Hilton at Conrad Orlando).

The revenue model is asset-heavy: revenue is generated through luxury residential and condominium sales, hospitality operations across owned resort properties, commercial leasing, and selective lending. Pricing is not publicly disclosed and is quote-based per project. No public ticker, no external funding rounds, and no app or SaaS platform are disclosed. Corporate headcount is in the 11-50 range, while property-level operations are housed within the wholly owned Evermore Hospitality subsidiary led by dedicated hospitality executives.

Name

Dart Interests

Legal name

Dart Interests

Website

https://dartinterests.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Dart Interests is a family-owned, Dallas-based real estate development and investment firm managing over $4 billion in assets across 9 US states, developing luxury residential, commercial, and hospitality properties (anchored by the 1,100-acre Evermore Orlando Resort and Hilton's Conrad Orlando) while self-funding projects and operating through wholly owned Evermore Hospitality.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Real Estate Dealers (For Their Own Account) (6532), Real Estate (6500)

akta.pro primary industry

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

akta.pro secondary industry

Real Estate Investment Management (Acquisitions & Dispositions) (BPAJAMAK)

Keywords

• Real estate development
• Luxury hospitality
• Mixed-use properties
• Residential development
• Commercial real estate

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Real Estate Development and Investment: Dart Interests generates revenue through developing, owning, and managing residential, commercial, and hospitality real estate properties. They manage a dynamic portfolio exceeding $4 billion in assets across 9 states, focusing on complex urban mixed-use properties and luxury hospitality. The company also acts as a selective lender.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Dart Interests is a family-backed real estate development and investment firm that develops, owns, and manages luxury hospitality resorts, high-end residential and mixed-use properties, and commercial real estate across 9 U.S. states. The firm operates a portfolio exceeding $4 billion in assets, operates the Evermore Hospitality brand, and acts as a selective lender on certain projects.

Product overview

Dart Interests is a real estate development and investment firm managing a dynamic portfolio exceeding $4 billion in assets across 9 states. The company operates across three main sectors: hospitality (luxury resorts including Evermore Orlando Resort, Wild Dunes Resort, Conrad Orlando at Evermore, and Urban Cowboy Catskills), residential (luxury mixed-use properties including Novel South Capitol, Novel RiNo, The Treadwell, The Clare, The Leyton, and VistaBlue Singer Island), and commercial (including Scripps Life Sciences Campus and Republic Square). The firm develops complex urban mixed-use properties, luxury hospitality experiences, and expands its signature Evermore Hospitality brand, with the ability to fund projects and act as a selective lender.

Differentiator

Problem solved

Functional benefit

Brands

• Evermore Hospitality: Luxury resort brand designed specifically for residential hospitality, including Evermore Orlando Resort.
• Novel
• VistaBlue
• Wild Dunes

Products and services

• Evermore Orlando Resort The world's first luxury resort designed specifically for residential hospitality, located on 1,100 acres bordering Walt Disney World in Orlando, Florida, with a first phase valued at $800M+ and 1,496 rooms. The Evermore Orlando Resort is the flagship property of Dart Interests' Evermore Hospitality brand.
• Wild Dunes Resort A 1,600-acre oceanfront resort and private residential community located on the Isle of Palms on the South Carolina coast, featuring 644 units. Acquired as part of Dart Interests' hospitality portfolio.
• Conrad Orlando at Evermore The flagship Hilton Conrad hotel built as the anchor luxury property at Evermore Orlando Resort, with 433 rooms on the 1,100-acre Evermore campus. Operated under the Hilton Conrad brand through a strategic partnership.
• Urban Cowboy Catskills A reimagined historic Catskills mountain lodge with Urban Cowboy's distinct style, featuring 44 rooms and 200 units in Big Indian, New York.
• Novel South Capitol An innovative residential tower in the heart of Washington, D.C., offering 539 residential units with 429,612 square feet of mixed-use space. Operates under Dart Interests' Novel mixed-use residential brand.
• Novel RiNo A mixed-use, multi-family residential development in Denver's RiNo neighborhood with 483 units and 365,000 square feet. Part of the Novel sub-brand portfolio.
• The Treadwell A luxury residential development project in New York City's Upper East Side offering sophistication with a contemporary twist across 66 units and 25 stories.
• The Clare An Upper East Side luxury mixed-use building with unrivaled glass architecture and 62,948 square feet, designed to maximize natural light.
• The Leyton A timeless Art Deco elegance residential project on New York City's Upper East Side featuring 38 units across 30 stories.
• VistaBlue Singer Island A distinctive beachfront residential community with seamless indoor-outdoor spaces on Singer Island, Florida, featuring 58 units under the VistaBlue brand.
• Scripps Life Sciences Campus A 198,880-square-foot life sciences campus on 20.7 acres, reimagined for a single tenant.
• Republic Square Innovative office space along Houston's Energy Corridor offering 320,000 square feet within an eventual 1.4 million square foot master plan.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

Three partnerships are on record, tiered flagship and core.

• Hilton (Conrad Orlando at Evermore)flagshipStrategic or Co-development PartnerConrad Orlando at Evermore is built as the anchor luxury hotel at Evermore Orlando Resort, operated under the Hilton Conrad brand. This flagship partnership represents the anchor luxury hotel component of Dart's major hospitality development.
• Forbes Travel GuidecoreGTM or Marketing PartnerForbes Travel Guide named Dart as Hotel Ownership Group of the Year in 2025, providing industry recognition and credibility for the company's hospitality operations and ownership practices.
• Dart Enterprises (Grand Cayman)coreStrategic or Co-development PartnerPart of the broader Dart Companies network which includes Dart Container and Dart Enterprises in Grand Cayman. The Dart family's pioneering spirit and legacy of innovation shapes every project pursued by Dart Interests.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Host Hotels & Resorts: Largest US lodging REIT, focused on luxury and upper-upscale hotel ownership. Directly comparable to Dart Interests' hospitality ownership model and Evermore/Conrad Orlando tier.
• Park Hotels & Resorts: Lodging REIT owning luxury and premium hotels across gateway markets. Multiple Dart VPs came from Park, evidencing overlapping talent and operating model in luxury hotel ownership.
• The Related Companies: Large private real estate developer with luxury mixed-use residential and hospitality. Comparable to Dart Interests' Novel, The Treadwell, and The Clare urban mixed-use developments.
• Hines: Global real estate developer with deep mixed-use, hospitality, and luxury residential track record. Several Dart Interests executives (Kelsey, Daniel) are former Hines leaders, evidencing close comparability in development approach.
• Hersha Hospitality Trust: Lifestyle and luxury-focused lodging REIT. Dart's VP Asset Management (Oliver Judge) previously held senior asset management roles here, indicating aligned focus on boutique-luxury hotel ownership.
• Xenia Hotels & Resorts: Upper-upscale and luxury hotel REIT. Dart's EVP of Hospitality (Stewart Brown) previously ran Xenia's West Coast portfolio, evidencing comparable upper-upscale hotel ownership strategy.
• The Howard Hughes Corporation: Master-planned community and mixed-use developer. Comparable to Dart Interests' large-scale mixed-use model (Novel South Capitol, Novel RiNo) with long-duration hold strategy.
• Lowe Enterprises: Real estate investment and development firm active in hospitality, residential, and mixed-use. Dart's President (Chris Kelsey) led the Suncadia Resort at Lowe, making it a directly comparable peer in luxury mixed-use and resort development.

Broad incumbents

• Four Seasons Hotels and Resorts: Global luxury hotel owner/operator. Comparable as the broader incumbent in luxury hospitality ownership that Dart Interests' Conrad Orlando and Evermore compete with at the top of the market.
• Brookfield Property Group: Diversified global real estate investor with hospitality, office, and mixed-use. Comparable as a broader incumbent with family-office-style patient capital and luxury hospitality exposure (e.g., Center Parcs UK).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles29 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dart Interests