ViaNova Development
ViaNova Development is a Chattanooga-based, vertically integrated real estate investment and development firm founded in 2013, specializing in value-add and adaptive reuse of hospitality and multi-family properties across the Southeast and Midwest, serving a network of 200+ private investors with target IRRs above 20%.
- Company typePrivate
- Founded2013
- HeadquartersChattanooga, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What ViaNova Development does
ViaNova Development is a privately held, vertically integrated real estate investment and development firm founded in 2013 and headquartered in Chattanooga, Tennessee. The firm specializes in value-add and adaptive reuse of hospitality and multi-family properties, primarily Class B-to-C assets repositioned to Class A, with current and historical projects concentrated in the Southeast and Midwest U.S. Across 18 completed projects, ViaNova has transacted over $200MM in deals, maintains an exclusive network of 200+ private investors, and reports an average project IRR exceeding 21%. The current active pipeline includes $100MM in construction and $100MM under contract.
The firm operates a full-service development platform spanning financial underwriting, architecture and design (via affiliate v2DesignGroup, LLC), construction management, and asset operations. Revenue is generated through development fees, developer equity stakes, and returns on invested capital, supplemented by management fees on investor capital. Its hospitality portfolio includes multiple Hotel Indigo (IHG) properties, a Hilton Curio Collection asset (The Peregrine Hotel, Omaha), and a DoubleTree by Hilton conversion, complemented by an integrated Food & Beverage portfolio across the properties. The multi-family portfolio spans adaptive-reuse luxury lofts (The Clemons, The Standard) and repositioned Class C complexes (Arbor Hill Apartments, The View at Mission Ridge).
ViaNova's go-to-market is sales-led and network-driven, relying on direct outreach to brokers and JV partners, brand relationships with Hilton and IHG (including co-founder Neil Kapadia's IHG Hotel Indigo Ownership Steering Committee role since 2020), and an institutional capital partner ecosystem that includes Forman Capital, Avana Capital, Stonehill Capital, Simply Bank, SmartBank, Alliance National Bank, Synovus Bank, BanCorpSouth, and Wells Fargo. Specialty financing instruments — Historical Tax Credits, CPACE, Opportunity Zones, SIDD/TIDD City Tax Credits, and property tax abatements — are routinely layered into the capital stack to enhance project returns. The company maintains an active investor portal and pursues selective expansion into adjacent asset classes including adaptive reuse education facilities (The Goddard School, Metta Montessori).
ViaNova Development firmographics
Firmographics- Name
- ViaNova Development
- Legal name
- ViaNova Development
- Website
- https://vianovadevelopment.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- ViaNova Development is a Chattanooga-based, vertically integrated real estate investment and development firm founded in 2013, specializing in value-add and adaptive reuse of hospitality and multi-family properties across the Southeast and Midwest, serving a network of 200+ private investors with target IRRs above 20%.
- Ownership category
- akta.pro rank
ViaNova Development industry classification
Industry- Product category
- Real Estate Development
- NAICS
- Other Financial Vehicles (52599)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Real Estate Investment Management (Acquisitions & Dispositions) (BPAJAMAK)
- akta.pro secondary industries
- Development Management & Owner’s Engineering (Design Basis, Yield, Technical Due Diligence) (EUAMAAAG), Development-Stage M&A & Portfolio Acquisition (Early-Stage/Ready-to-Build) (EUAMAAAF), Incentives, Grants & Program Administration (Auctions, Tenders, IRA/ITC/PTC Advisory) (EUAMAAAJ), Permitting, Environmental & Stakeholder Engagement (EIA/ESIA, Community Relations) (EUAMAAAB), Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD)
Keywords
Where ViaNova Development is headquartered
LocationHeadquarters
- HQ city
- Chattanooga
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
ViaNova Development business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D
Revenue model
- Real Estate Development: ViaNova Development generates revenue through development fees, developer equity stakes, and returns on invested capital in multi-family and hospitality properties. The company targets IRRs in excess of 20% annually.
- Investment Management: The company manages projects from financial underwriting phase through architecture/design to final certificate of occupancy, earning development and management fees while providing investors access to off-market deals.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
ViaNova Development product offering
Product offeringCore offering
ViaNova Development is a private real estate development firm that acquires, repositions, and develops value-add and adaptive reuse properties, primarily in the hospitality (boutique and branded hotels) and multifamily (luxury and market-rate apartments) sectors. The firm partners with a network of more than 200 private investors and joint venture co-sponsors to acquire and redevelop underperforming or underutilized assets into stabilized, income-producing properties, targeting IRRs in excess of 20% annually across its portfolio.
Product overview
ViaNova Development is a full-service real estate investment and development firm specializing in value-add and adaptive reuse properties in the hospitality and multi-family sectors across the Southeast and Midwest. The company's portfolio consists of completed and under-development boutique hotels (operated under brands including Hilton's Curio Collection, Hotel Indigo, and DoubleTree by Hilton) and multi-family residential properties, totaling over $200MM in deals transacted since 2013. Their projects range from historic adaptive reuse developments (The Peregrine Hotel, The Standard, The Clemons, Hotel Indigo Saint Louis) to ground-up boutique hotels (Hotel Indigo Huntsville) and repositioned multi-family assets (The View at Mission Ridge, Arbor Hill Apartments). The company also operates an integrated Food & Beverage portfolio including restaurant and bar concepts serving their hospitality properties.
Differentiator
Problem solved
Functional benefit
Brands
- The Habitat: Lobby restaurant and bar at The Peregrine Hotel in Omaha, NE featuring game cuisine.
- The Takeoff
- The Switch List
- Eero's Penthouse
- Wanderer Public House
- Street Corner Market at the Clemons
Products and services
- The Peregrine Hotel
Quantifiable outcome
- Average project IRR of 21%+
- +3 more outcomes
Companies that use ViaNova Development
Customer profileNamed customers11 records
Segments4 records
Ideal customer profiles2 records
ViaNova Development technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
ViaNova Development partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Hilton (Curio Collection)coreViaNova Development developed The Peregrine Hotel as part of Hilton's exclusive Curio Collection, consisting of 4-star boutique hotels around the world.
- Intercontinental Hotels Group (IHG)coreNeil Kapadia was added to the Hotel Indigo Ownership Steering Committee at the request of IHG in 2020 and continues to serve in that function. ViaNova has developed multiple Hotel Indigo properties.
- Hilton (DoubleTree)coreViaNova Development completed brand conversion from Holiday Inn by IHG to DoubleTree by Hilton for the Chattanooga Hamilton Place property.
Scale indicators9 records
Recent moves7 records
Expansion highlights5 records
ViaNova Development competitors and assessment
Company assessmentBroad incumbents
- Greystar Real Estate Partners: Global leader in multifamily investment, development, and property management. Represents the scaled incumbent that ViaNova competes with (and could partner with) on Class A multifamily developments and capital raises.
- HEI Hotels & Resorts: Larger, established operator and acquirer of upper-upscale and luxury hotels across the U.S. Broader and more institutional than ViaNova, but competes for similar branded-hotel opportunities and capital partners.
Direct peers
- White Lodging: Family-owned developer, owner, and operator of premium-branded hotels and restaurants across the U.S. Similar development plus integrated food & beverage portfolio as ViaNova (The Habitat, The Takeoff, Wanderer Public House, etc.).
- Concord Hospitality Enterprises: Mid-market hotel developer, owner, and operator focused on premium-branded select-service and full-service hotels. Overlaps directly with ViaNova's branded-hotel development approach with Hilton, Marriott, and IHG.
- Wood Partners: National multifamily developer with a focus on Class A garden, mid-rise, and adaptive reuse projects. Directly comparable on the multifamily/adaptive reuse side of ViaNova's portfolio (The Clemons, The Standard, The View at Mission Ridge).
- Watermark Residential: Multifamily development subsidiary of The Praedium Group with a national build-to-rent and value-add apartment focus. Comparable value-add/Class B-to-A repositioning activity overlapping ViaNova's multifamily thesis.
- NewcrestImage: Texas-based hospitality-focused developer and operator that builds, converts, and manages branded hotels across the U.S. Highly comparable to ViaNova's boutique-hotel adaptive reuse and brand-conversion model (e.g., DoubleTree Chattanooga conversion).
- RangeWater Real Estate: U.S. multifamily developer and operator active in Sun Belt and secondary markets, with ground-up and value-add repositioning strategies. Comparable to ViaNova's secondary-market multifamily acquisitions such as Arbor Hill and The View at Mission Ridge.
- Peachtree Group: Private investment firm with active real estate lending, investment, and development verticals spanning hospitality, multifamily, and commercial assets. Comparable vertically integrated model with a credit-finance arm similar to ViaNova's specialty-financing toolkit.
Regional players
- MidCity District (Huntsville) — RCP Companies: Master developer of MidCity Huntsville, the mixed-use district in which ViaNova's Hotel Indigo Huntsville sits. Relevant as the regional counterparty/landlord in one of ViaNova's most recent flagship projects.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
ViaNova Development social profiles
Digital presenceViaNova Development financial estimates
Financial estimateRevenue estimate
Valuation estimate
ViaNova Development leadership team
Management profileNumber of profiles
Profiles4 records
ViaNova Development funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ViaNova Development M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ViaNova Development
What does ViaNova Development do?
ViaNova Development is a private real estate development firm that acquires, repositions, and develops value-add and adaptive reuse properties, primarily in the hospitality (boutique and branded hotels) and multifamily (luxury and market-rate apartments) sectors. The firm partners with a network of more than 200 private investors and joint venture co-sponsors to acquire and redevelop underperforming or underutilized assets into stabilized, income-producing properties, targeting IRRs in excess of 20% annually across its portfolio.
Is ViaNova Development a public or private company?
ViaNova Development is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was ViaNova Development founded?
ViaNova Development was founded in 2013. It employs 11 to 50 people.
Where is ViaNova Development based?
ViaNova Development is headquartered in Chattanooga, United States, in the North America region.
How does ViaNova Development make money?
Two revenue lines are on record. Real Estate Development is the primary driver. The others are investment Management.
Who are ViaNova Development's main competitors?
Broad incumbents on record are Greystar Real Estate Partners and HEI Hotels & Resorts. Direct peers are White Lodging, Concord Hospitality Enterprises, Wood Partners, Watermark Residential, NewcrestImage, RangeWater Real Estate and Peachtree Group. MidCity District (Huntsville) — RCP Companies is listed as a regional player.
Does ViaNova Development have an API?
No public API is recorded for ViaNova Development.
What industry is ViaNova Development in?
ViaNova Development's product category is Real Estate Development. Its primary akta.pro industry code is BPAJAMAK, Real Estate Investment Management (Acquisitions & Dispositions), with a secondary code of EUAMAAAG, Development Management & Owner’s Engineering (Design Basis, Yield, Technical Due Diligence). Its NAICS code is 52599 and its SIC code is 6552.