Dovehill Investment and Development

What Dovehill Investment and Development does

Dovehill Investment and Development is a vertically integrated hospitality investment and development firm founded in 2011 and headquartered in Fort Lauderdale, Florida. The company acquires, develops, repositions, and manages a portfolio of 21 hospitality properties and 2 industrial assets across North America, with a stated focus on urban infill, lifestyle, and premium branded full-service hotels in high barrier-to-entry markets including Florida, Texas, Tennessee, South Carolina, Arizona, and other US growth markets. Core activities span value-add repositioning, ground-up development (e.g., Home2Suites Philadelphia, 1 Hotel Sunnyvale, Dalmar/Element Fort Lauderdale), and trophy asset acquisitions (White Barn Inn, Mayflower Inn & Spa), with operational management delivered through its affiliated management company, The Wurzak Hotel Group, and luxury assets managed by Auberge Resorts Collection.

The company monetizes through hospitality investment returns, property management fees via The Wurzak Hotel Group, and transaction-level incentives via its Deal Reward Program, which pays up to 50 basis points in bonus compensation plus co-investment rights to brokers and acquisition consultants that source off-market deals. Distribution combines direct institutional investor relationships (Juniper Square investor portal), preferred equity partnerships with major private equity firms and debt funds, and the broker/consultant channel enabled by the Deal Reward Program. The go-to-market targets three segments: hospitality property owners and sellers seeking reliable buyers, institutional and private equity investors seeking differentiated hospitality exposure, and broker deal sources.

Underlying operations are anchored by a lean team (1-10 employees per firmographics, 13 named professionals) led by Founder & CEO Jake Wurzak and Co-Founder Howard Wurzak, with CIO Charles Paloux overseeing investment strategy and Eric Davies leading operations as President of The Wurzak Hotel Group. No proprietary technology, AI/ML capabilities, patents, or app products are disclosed; the core platform is operational and relationship-driven rather than technology-driven. Ownership is concentrated with the founding Wurzak family, and the firm is privately held with no disclosed external institutional backing or fund vehicles.

Name

Dovehill Investment and Development

Legal name

DoveHill Capital Management

Website

https://dovehillcos.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Short description

Dovehill Investment and Development is a Fort Lauderdale-based, vertically integrated hospitality investment and development firm that acquires, develops, and manages a 21-property hotel portfolio and select industrial assets across North America, targeting institutional and private equity investors and hospitality sellers.

Ownership category

akta.pro rank

Headquarters

HQ city

Fort Lauderdale

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Hospitality Investment Returns: DoveHill generates returns through acquisition, development, transformation, and management of hospitality real estate assets including full-service hotels, lifestyle properties, and boutique hotels across North America.
2. Property Management (via The Wurzak Hotel Group): Working closely with their vertically integrated management company The Wurzak Hotel Group, they create unique value across various stages of the investment life cycle through hands-on operational management.
3. Deal Finder Fees and Co-Investment: The company offers industry-leading incentives to brokers and acquisition consultants including up to 50 basis points bonus on deals brought to them, and opportunities to co-invest in properties.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

DoveHill is a vertically integrated hospitality investment and development organization that acquires, develops, repositions, and manages off-market hospitality assets across North America. Its portfolio includes 21 hotel properties (luxury, lifestyle, branded full-service, and boutique) and 2 industrial properties in high-growth, high barrier-to-entry markets. Operational management is delivered through its affiliated The Wurzak Hotel Group, and the firm sources deals via a Deal Reward Program offering finder's fee bonuses and co-investment opportunities to brokers and acquisition consultants.

Product overview

Dovehill Investment and Development is a vertically integrated hospitality investment and development organization established in 2011 and headquartered in Fort Lauderdale, Florida. The company operates a diversified portfolio of urban infill, lifestyle, and premium branded full-service hospitality-focused investments across North America, including 21 hotel properties and 2 industrial properties. The hospitality portfolio includes luxury properties (1 Hotel West Hollywood, 1 Hotel Sunnyvale, Mayflower Inn & Spa, White Barn Inn, Dalmar Fort Lauderdale), branded hotels (Sheraton, Renaissance, Hilton, Home2Suites, Homewood Suites, Element, Moxy, Ace Hotel, Courtyard, Crowne Plaza, DoubleTree, Fairfield Inn), and boutique properties (Sabal House). The company focuses on value-add repositioning, ground-up development, and operational improvements through its vertically integrated approach, working closely with The Wurzak Hotel Group for management. The industrial portfolio includes light industrial properties in South Florida leased to mission-critical tenants.

Differentiator

Problem solved

Functional benefit

Products and services

• 1 Hotel Sunnyvale A 358-key ground-up luxury hotel development in Silicon Valley, located adjacent to Google HQ, featuring an elevated arrival entrance, signature restaurant, greenhouse bar, rooftop pool and bar, freestanding spa, and over 12,000 SF of meeting space including a 9,000 SF grand ballroom. DoveHill served as Development Partner, handling feasibility, entitlement, design coordination, and reconstruction services.
• 1 Hotel West Hollywood A 1 Hotel property developed by DoveHill as development partner for the transformation from The Jeremy hotel, featuring floor-to-ceiling windows, natural design elements, multiple F&B outlets including 1 Kitchen by Chris Crary, Juniper lobby bar, Harriet's Rooftop, and Pool Lounge.
• Dalmar Fort Lauderdale A 323-key dual-brand, high-rise hotel in downtown Fort Lauderdale developed by DoveHill as the first full-service hotel built there since 1936, featuring signature restaurant Terrace Grill, Sparrow rooftop bar, Rose's Coffee Bar, Sip n Dip pool bar, and Lobby Bar.
• Ace Hotel Brooklyn A 13-story, 287-key full-service hotel in Brooklyn's Boerum Hill neighborhood, designed by Roman and Williams, featuring a signature restaurant, three retail outlets, and 6,000 SF of event space. Acquired via strategic partnership with a major debt fund.
• Mayflower Inn & Spa A 35-key luxury countryside estate set on 58 acres in Washington, Connecticut, managed by Auberge Collection with Forbes Four-Star Spa designation, AAA Four Diamond rating, 1 MICHELIN Key, and recognized by Condé Nast Traveler since 2017.
• White Barn Inn A 28-key AAA Four Diamond resort in Kennebunkport, Maine, managed by Auberge Collection, ranked #2 Hotel in New England by 2024 Condé Nast Traveler Readers' Choice Awards, home to White Barn Restaurant with AAA Five Diamond and Forbes Five-Star distinctions.
• Moxy Hotel St Petersburg A 163-key Moxy Hotel by Marriott in St. Petersburg's EDGE District, a mixed-use development expected to complete in Q4 2023, representing the first lifestyle hotel in the EDGE District.
• Sabal House A luxury hotel transformation project in Savannah, GA, converting the former President's Quarters Inn from 16 keys to a fully redeveloped 64-key property on Oglethorpe Square, executed via preferred equity investment.
• Courtyard Chelsea A 273-key Courtyard by Marriott in Manhattan's Chelsea neighborhood, an institutional-quality asset invested in through preferred equity partnership with a major private equity company.
• Crowne Plaza King of Prussia A full-service hotel in King of Prussia, PA, part of a 4-hotel, 812-key portfolio recapitalization in Philadelphia and Raleigh metro areas executed via preferred equity partnership with a major private equity investor.
• DoubleTree Deerfield Beach A hotel in Boca Raton, FL that has received over $15 million ($68k/key) in capital improvements since 2015, with plans for additional enhancements to public areas and a new poolside bar.
• Element Fort Lauderdale A 323-key dual-brand property co-developed with the Dalmar, featuring fully equipped kitchens, swimming pool, fitness center, and multiple F&B outlets including Sparrow rooftop bar.
• Element Valley Forge A 120-room ground-up extended-stay hotel opened in 2021 adjacent to Sheraton Valley Forge, in the high barrier-to-entry Main Line market near King of Prussia Mall and Valley Forge National Historic Park.
• Fairfield Inn King of Prussia Part of a dual-branded hotel property with Hilton/Homewood Philadelphia City Avenue, a 329-key institutional property with efficient operating model sharing 26,000 SF of meeting space and 1,300 parking spaces.
• Hilton Philadelphia A hotel in Philadelphia, PA, built in 2000 and fully renovated in 2016, part of the dual-branded Hilton/Homewood Philadelphia City Avenue property benefiting from over $10 million in capital investment since 2015.
• Home2Suites Philadelphia A ground-up development by DoveHill representing the first new hotel built in Philadelphia in 10 years, repositioned from a 5-star W Hotel and Residences concept following the 2009 recession.
• Homewood Suites Philadelphia A hotel built in 2005 and fully renovated in 2022, part of dual-branded property with Hilton, benefiting from over $10 million in capital investment since 2015.
• Renaissance Baltimore A 12-story, 622-key hotel in Baltimore's inner harbor with 'Main and Main' location, featuring recently renovated guestrooms, 28,000 SF of flexible meeting space, and three food and beverage outlets.
• Renaissance Fort Lauderdale A full-service institutional quality hotel in Fort Lauderdale adjacent to City Convention Center and Port Everglades, with updated landscaping and new signage enhancing curb appeal.
• Sheraton Raleigh Part of a 4-hotel, 812-key portfolio recapitalization in Philadelphia and Raleigh metropolitan areas through strategic partnership with a major private equity investor.
• Sheraton Reston A 298-room full-service, cash-flowing, value-add Sheraton Hotel in Reston, Virginia (DC metro area), underwent complete property-wide renovation in 2020/2021 to guest rooms, exterior facade, lobby, restaurant, and meeting rooms.
• 1291 SW 29th Avenue A 25,000-square-foot, fully air-conditioned industrial facility in Pompano Beach, Florida, 100% leased to a tenant storing FDA-regulated medical devices, located in a submarket with vacancy below 4%.
• 3333 SW 2nd Avenue A 10,000+ square foot light Class B industrial property in Fort Lauderdale on a prime corner adjacent to Fort Lauderdale Airport, where submarket vacancy was 0.7%, quickly renovated and leased at top market rates.
• The Wurzak Hotel Group (Hospitality Management Services) Vertically integrated hospitality management company that works closely with DoveHill to create unique and unmatched value across various stages of the investment life cycle through hands-on operational management, best management practices, and active asset management.
• Deal Reward Program Network of high-performing deal partners including brokers and acquisition consultants who bring off-market hospitality assets and land for hotel development to DoveHill in exchange for finder's fee bonuses up to 0.50% (50 basis points) in addition to seller-paid commissions, plus opportunities to co-invest in the deals they source.

Quantifiable outcome

• First full-service hotel built in downtown Fort Lauderdale since 1936 (Dalmar/Element dual-brand, 323-key)
• +3 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core, minor and strategic.

• Auberge Resorts CollectioncoreStrategic or Co-development Partner · 25 August 2025World-renowned hospitality management company that manages White Barn Inn (28-key AAA Four Diamond resort in Kennebunkport, Maine) and Mayflower Inn & Spa (35-key countryside estate in Washington, CT) for DoveHill. Both properties maintain their prestigious ratings under Auberge management.
• The Wurzak Hotel GroupcoreStrategic or Co-development PartnerVertically integrated hospitality management company that DoveHill works closely with to execute their investment strategies. The partnership enables unique value creation across various stages of the investment life cycle through hands-on operational management, best management practices, and active asset management.
• Property Owner (Sabal House)minorStrategic or Co-development PartnerInvestment in preferred equity for transformation of the former President's Quarters Inn into a fully redeveloped and expanded luxury 64-key hotel (Sabal House) on prestigious Oglethorpe Square in Savannah, GA.
• Property Owner (Home2Suites Philadelphia)minorStrategic or Co-development PartnerJoint investment with property owner to reposition property as Home2Suites by Hilton following the owner's need to pivot business plan from a 5-star W Hotel and Residences after the 2009 recession.
• Brokers and Acquisition Consultants (Deal Reward Program)strategicChannel Partner/ Reseller/ DistributorNetwork of high-performing deal partners including brokers and acquisition consultants who bring off-market hospitality assets and land for hotel development. DoveHill offers up to 0.50% bonus (50 basis points) in addition to seller-paid commission plus co-investment opportunities.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Highgate Hotels: One of the largest privately held hospitality investment, management, and development firms in the US, with a portfolio spanning luxury, lifestyle, and select-service hotels. Closely comparable to DoveHill's vertically integrated investment-development-operations platform and off-market acquisition approach.
• HEI Hotels & Resorts: Private owner-operator of luxury, upper-upscale, and resort hotels across the US, with both owned assets and third-party management contracts. Comparable to DoveHill in branded full-service and lifestyle exposure, value-add repositioning strategy, and reliance on major franchise brands.
• Sage Hospitality Group: Privately held, vertically integrated hospitality company that invests in, develops, and manages hotels and restaurants. Highly comparable to DoveHill's acquisition-plus-management model through The Wurzak Hotel Group, with a similar focus on full-service and lifestyle assets in US urban markets.
• Carey Watermark Investors: Non-traded REIT formed to acquire lodging assets in the top 25 US markets, with a focus on institutional full-service and luxury hotels. Comparable to DoveHill in trophy urban hotel focus, off-market sourcing, and use of institutional capital partners.
• Hersha Capital Management: Private investment affiliate of Hersha Hospitality focused on hospitality acquisitions, preferred-equity, and recapitalizations across urban and resort markets. Closely matches DoveHill's preferred-equity deal structures, urban infill focus, and PE co-invest partnership model.

Broad incumbents

• Sunstone Hotel Investors: Public lodging REIT (SHO) that owns long-duration, high-quality full-service hotels in major urban and resort markets. Comparable to DoveHill's branded full-service urban infill strategy and group/corporate demand exposure, but with permanent capital versus sponsor structure.
• Loews Hotels & Co: Privately held owner and operator of 26 luxury and upper-upscale hotels in the US and Canada. Similar to DoveHill in integrated ownership-operations approach and full-service/lifestyle positioning, though with proprietary branding rather than third-party franchises.
• DiamondRock Hospitality Company: Public lodging REIT (DRH) that owns 36 premium full-service hotels with leading brand operators in gateway cities and resort destinations. Comparable to DoveHill's urban full-service and resort trophy exposure, value-add repositioning playbook, and reliance on Marriott/Hilton-flagged assets.
• Pebblebrook Hotel Trust: Public REIT (PEB) focused exclusively on upper-upscale and luxury urban and resort hotels across major US markets. Overlapping asset class with DoveHill's trophy/lifestyle portfolio, but operates at scale with public capital rather than private investment partnerships.
• Park Hotels & Resorts: Largest publicly traded lodging REIT, owning 41 premium-branded hotels and resorts in the US and internationally. Overlaps with DoveHill's full-service and group-oriented hotel holdings (e.g., Renaissance Baltimore) but at vastly greater scale and with public-market capital.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/dovehillcapital

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A2 records

Investments

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

Frequently asked questions about Dovehill Investment and Development