Bluestone Equities
Hospitality
We are leaders in global hospitality.
We maximize our opportunities collaborating with hand picked design groups and local expertise to develop evergreen properties, creating opportunities for locals, partners, and shareholders in any environment. Our visions are aligned to make positive and sustainable impacts on communities in which we invest in.
Overview
What we do
We invest thematically in high-quality undervalued markets, focusing where we see outsized growth potential driven by global economic and demographic trends.
Experience
Our vast experience provides us with distinguished knowledge across every major hospitality asset class in virtually any major market around the world, allowing us to identify themes and invest capital with conviction.
Connectivity
Our people are our advantage. Our team of over 30 years of hotel ownership, project management and asset management experience is unmatched, with collaborations among all major franchises and brands - enabling us to identify key opportunities and limits of each potential transaction through stringent layers of vetting, analysis and the due diligence process.
Dynamic
Whether in times of stability or volatility, in mature or underdeveloped markets, there are strategic plays for those with the skills and talent to see what others don’t. Windows of opportunity can open and close without warning - we respond dynamically, moving with conviction, judgment and discipline to capitalize on prospective deals.
Scale
Scale is one of our greatest strengths. The breadth of our track record and network gives us differentiated perspectives across sectors and geographies, while our discretionary capital base enables us to execute strategic and complex transactions.
Portfolio Resume
Property | Location | Keys |
---|---|---|
Double Tree hotel | Los Angeles, CA | 172 |
Holiday Inn Express | Moreno Valley, CA | 153 |
Marriott Hotel | Los Angeles, CA | 172 |
Crowne Plaza Hotel | Toledo, OH | 241 |
Best Western Plus | Laguna Beach, CA | 66 |
Comfort Inn | San Diego, CA | 99 |
Philosophy
Since we started investing in hospitality in 1996, the growth of our assets across both products and geographies has expanded our ability to provide practical and diverse solutions. We have weathered successfully through market cycles and across a wide risk spectrum.
Opportunity
Our business seeks to develop upon underutilized opportunities, acquire undermanaged, well-located assets across key markets, develop, stabilize, and provide exit plans through M&A or long term cash flow horizons. In connection with these acquisitions, we build businesses that are set up to manage the underlying properties and ultimately maximize their value by instituting best-in-class management and proven growth strategies. Post-acquisition, we invest in the properties to improve them before selling the assets and returning capital to partners and investors.
Stabilization
Our strategies feature developing and stabilizing hotels and resorts with a long term investment horizon and moderate leverage, where additional value can be unlocked through focused asset management and pinpointed topline growth programs.
Leadership
Dae In Kim, Ph.D
Chairman- Oversees the operational activities and vision development.
- Directs development, strategy, and management.
- Over 25 years of direct hotel ownership and multi faceted real estate experience.Affiliations:
Co-Chairman - Sun City Development Corp.Education:
Ph.D (Business Adminstration)Historical Portfolio:
1.) DoubleTree by Hilton - Los Angeles, CA
2.) Marriott Hotel & Resort - Los Angeles, CA
3.) Holiday Inn Express by IHG- Moreno Valley, CA
4.) Comfort Inn by Choice Hotels - Escondido San Diego, CA
5.) Crowne Plaza by Intercontinental - Toledo, OH
6.) Best Western Plus by BW International - Laguna Beach, CA
7.) Little Rock Shopping Center - Little Rock, AR
8.) Howard Johnson by Wyndham Hotel Group - Norco, CA
Noah H. Kim
COO- Oversees the day-to-day operational management and execution of short term and long term vision.
- Developing top line growth strategies and cost optimization programs.
- Over 20 years of hotel management and executive experienceEducation:
B.A (Economics) California State University - Long Beach
Christopher J. Kim
President- Oversees capital structure, alternative financing and investor/portfolio development
- Leads the process of identifying and analyzing prospective markets.
- Focus is on acquisitions & financing
- Oversee project development and on-site management.Affiliations:
Managing Director - Sun City Development Corp.Education:
B.A (Economics) University of Southern California
Angela D. Wi
Transaction Coordinator- Supervise administrative duties from contract to close.
- Aid executive team with paperwork and ensure the completion of all escrow documents and due diligence materials.
- Ensure inspections are scheduled and assist with negotiating and completing any necessary tasks.Education:
B.A (Communications) University of California, San Diego
Current Projects
7 Star Luxury Resort Experience || South Korea
Masterplan
Design
Notables
Doubletree By Hilton - Los Angeles, CA
Rooms: 172
Best Western Plus (All Suite) - Laguna Beach, CA
Rooms: 66
Contact Us
Brands We Have Worked With